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…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
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…
Natural gas storage climbs 36 billion cubic feet, beating forecasts
The Energy Information Administration reported a 36 billion cubic foot rise in natural gas storage, topping the 31 billion cubic…
Ukrainian drone strike halts 151,000 barrels per day at Russia’s Tyumen refinery
Ukrainian drones knocked out Russia's Tyumen refinery on July 25, halting 151,000 barrels per day of output in the second…
Gold Holds Above $4,400 for Fourth Day as Fed Rate-Hike Bets Fade
Gold futures opened at $4,468.80 per troy ounce on Thursday, holding above $4,400 for a fourth straight session before slipping…
