Oil rallies after Trump rejects Iran’s offer to reopen Strait of Hormuz
Oil prices climbed after President Trump rejected an Iranian proposal to reopen the Strait of Hormuz and said he expects…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Copper falls to lowest level in over a week on weak China data, stronger dollar
Copper dropped to its lowest level in more than a week on Monday after weak Chinese economic data and a…
Oil Tops $108 a Barrel as US-Iran Hormuz Talks Stall, Pushing Treasury Yields to 2007 Highs
Brent crude climbed above $108 a barrel on Monday after hopes faded for a US-Iran deal to reopen the Strait…
Gold Drops Below $4,200 as Oil Prices and Fed Rate-Hike Bets Weigh on Bullion
Gold fell more than 3% on Monday, sliding below $4,200 an ounce as elevated oil prices, rising Treasury yields and…
Oil Jumps Nearly 3% as Iran Refuses to Soften Hormuz Reopening Terms
Oil prices jumped nearly 3% on Monday after Iran said it would not soften its conditions for reopening the Strait…
