Saudi Aramco Cuts Arab Light Crude Price to Asia to Lowest Since 2020
Saudi Aramco cut its official selling price for Arab Light crude oil to Asian buyers for September, pricing the grade…
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 Climbs to $4,300 as Hormuz Shipping Deal Cools Rate-Hike Bets
Gold climbed to $4,300 an ounce on Thursday, its fourth straight day of gains, as a shipping deal easing Middle…
Oil Holds Sharp Losses as Hormuz Shipping Deal Offsets US Inventory Build
Oil prices held steep weekly losses on Thursday as progress toward reopening the Strait of Hormuz offset a surprise build…
Gold Clears $4,252 Pivot, Puts $4,381 and $4,458 Targets in Play
Gold has broken above the $4,252 VC PMI pivot after rallying from a $4,074 low, turning the $4,240-$4,252 zone into…
Middle East War Doubles LNG Prices as Buyers Turn to Coal
Liquefied natural gas prices have doubled since January as the Middle East war throttles exports from the Persian Gulf, forcing…
