Citi forecasts Brent crude falling to $60-$65 by year-end as supply glut builds
Citigroup expects Brent crude to fall to $60 to $65 a barrel by year-end, arguing that Strait of Hormuz traffic…
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 and silver can’t shake Fed rate-hike anchor as futures close higher
Gold and silver slipped in spot trading even as futures closed higher, held back by traders still pricing a Federal…
WTI crude holds flat at 68.50 as refineries reopen and volatility drains
WTI crude oil futures opened the week flat, settling unchanged at 68.50 as reopening refineries and normalizing logistics pulled prices…
Natural Gas Consolidates Near Trend Support as Close Above 20-Day Average Holds
Natural gas is coiling near trend support after a Monday session that carved out a higher high and higher low….
Materials Shares Slip as Gold and Silver Fall, Solstice Drops 15%
Materials-sector stocks fell as gold and silver prices declined, with Solstice Advanced Materials and Element Solutions among the day's losers….
