Brent Oil Rises 0.8% After Reported US Strike on Iranian Tankers
Oil prices gained 0.8% at the open after a reported U.S. attack on Iranian tankers, pushing Brent crude near $96…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Hedge Funds Turn Most Bullish on Oil Since May as Diesel Hits Record $5.85
Hedge funds pushed their net-bullish Brent crude positions to a three-month high in the week to 1 September, but diesel…
Russia accelerates Arctic energy route ahead of Europe’s 2027 LNG ban
Russia is speeding up development of the Northern Sea Route as Europe's January 2027 ban on Russian LNG approaches. LNG…
OPEC+ holds October oil quotas flat as Hormuz war disrupts exports
OPEC+ kept its October oil output quotas unchanged at a Sunday meeting, sticking to a roadmap the market had already…
Oil Majors Tighten Labor Stance as BP, Marathon Lock Out Refinery Workers
BP and Marathon are locking out unionized refinery workers at their Whiting, Indiana, and Martinez, California plants, running the sites…
