Brent Nears 5% Weekly Gain as Diesel Cracks Signal the Real Oil Squeeze
Brent crude is heading for a nearly 5% weekly gain as stalled US-Iran talks and tight fuel supplies keep prices…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Oman oil spill nears Strait of Hormuz, traffic-normalization odds fall to 15.5%
An oil spill from the grounded tanker Caroline Bezengi has reached Oman's southern coast near the Strait of Hormuz. Prediction…
Houthis Claim Drone Strike on Aramco’s Jizan Refinery
Yemen's Houthi group claims it launched two drones at Saudi Aramco's Jizan refinery, a facility with roughly 400,000 barrels per…
Oil falls more than 3% on weaker demand outlook and US crude buildup
Oil dropped more than 3% on Thursday as a large U.S. crude stock build and lower demand forecasts from OPEC…
WTI Crude Drops $3 to $80.15 as Middle East Tension Meets Technical Breakdown
WTI crude dropped $3.12 to $80.15 as traders struggled to pin down a single cause behind the size of the…
