Oil heads for weekly gain as Hormuz tanker attack deepens supply fears
Brent and WTI crude rose Friday, putting oil on track for its first weekly gain in three weeks after a…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Drone strike on Strait of Hormuz tanker deepens oil shipping risk
A drone struck a tanker as it left the Strait of Hormuz, the UK Maritime Trade Operations said, causing minor…
European Gas Secures Strongest Weekly Rally Since July on Hormuz Impasse
European natural gas benchmarks are on track for their strongest weekly rally since late July, as a diplomatic breakdown over…
Oil rises after US threatens indefinite blockade of Iran
Oil prices rose Friday after the United States said it could keep a naval blockade of Iran running indefinitely and…
Gold caught in compression zone as double top forms near $4,509
Gold trades at $4,389.60 on the 5-hour chart, squeezed between SuperTrend support at $4,367.97 and SMA(20) resistance at $4,435.87. A…
