Saudi Aramco shuts Jazan refinery after Houthi missile and drone attack
Saudi Aramco has shut its Jazan oil refinery, capacity 400,000 barrels per day, after a Houthi missile and drone attack…
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 tests $4,000 as traders price a 43% chance of a Fed hike
Gold slipped to $4,029 on Tuesday, down 1.17% on the day, as traders raised the odds of a Federal Reserve…
Iran accelerates work at Kharg Island oil terminal as U.S. strike threats persist
Iran is accelerating development and infrastructure work at Kharg Island, its main oil export terminal, as U.S. President Donald Trump…
QatarEnergy extends Edison LNG force majeure through September, taking the total to 24 cargoes
Edison will go without three more liquefied natural gas cargoes after QatarEnergy extended its force majeure declaration through the end…
Gold Slides Toward $4,000 as Traders Price a 35% Chance of a Fed Hike
Gold extended its decline but is still holding above the $4,000 zone going into Wednesday’s Fed decision. Investors are assigning…
