Oil Nears $100 as Houthi Strikes Hit Saudi Sites and US Strikes Iranian Tankers
Oil prices jumped above $99 a barrel Tuesday, the highest in three months, after Houthi missile and drone strikes hit…
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 falls as Fed hike bets and oil-fuelled inflation fears weigh
Gold Futures declined 0.6% on Tuesday as rising bets on a Federal Reserve rate hike and oil-driven inflation fears outweighed…
OPEC+ holds output steady, but the Hormuz closure is what sets fuel prices now
OPEC+ held October production quotas steady on Sunday, Sept. 6, but the decision barely moved prices because the Strait of…
Global Diesel Supply Crunch Set to Last Through Winter
A global diesel shortage will run through the winter as lost Russian and Middle Eastern refining capacity fails to return,…
Labor Day gas prices hit record high amid Iran tensions, Strait of Hormuz disruption
U.S. gasoline prices hit their highest level ever recorded for Labor Day, with the national average for regular unleaded reaching…
