Saudi Arabia shuts down East-West oil pipeline after drone attack
Saudi Arabia has shut down its East-West oil pipeline after a drone attack that Riyadh and Baghdad say originated in…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Ray Dalio Urges Investors to Trim Bonds for a Larger Gold Allocation
Ray Dalio has told investors to shift 10% to 15% of a portfolio into gold and trim bond holdings, warning…
Goldman Sees Upside Risk for Oil Prices Despite Weak Inventory Draws
Goldman Sachs says risks to its oil price forecasts remain tilted to the upside, even though global inventories have barely…
Chevron’s Venezuela Bet Pays Off While Exxon Waits on the Sidelines
Chevron has pledged $7 billion to Venezuela's energy industry, staying in the country through years of political uncertainty while ExxonMobil…
US crude oil tops $102 as Middle East supply risk and China’s demand collide
U.S. crude oil topped $102 a barrel this week, its highest close since May, as fighting in the Middle East…
