IEA cuts 2026 oil demand forecast as Mideast war and diesel shortage bite
The International Energy Agency cut its 2026 global oil demand forecast, now projecting an annual decline of 2.6 million barrels…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Gold slips as oil jumps and US CPI looms
Gold came under pressure again as another jump in oil prices kept inflation worries and hawkish expectations alive. The focus…
Suspected Houthi Strike Hits Aramco Headquarters as Brent Crude Trades at $106.88
Saudi Aramco's headquarters in Dhahran was hit in what the Financial Times describes as a suspected Houthi strike, adding to…
Record Tanker Rates Strand Heavy Crude in the Americas as Freight Hits $40 Per Barrel
Record tanker rates are pushing heavy crude prices in Canada, Colombia and Ecuador down by roughly $10 per barrel. Shipping…
Goldman Sachs sees upside risks to its 70 euro TTF gas forecast as Europe’s storage runs low
Goldman Sachs says risks to its year-end TTF forecast of 70 euros per megawatt hour are skewed to the upside….
