Natural gas storage rises 77 billion cubic feet, below 80 billion forecast
US inventories of natural gas grew by 77 billion cubic feet last week, short of the 80 billion forecast. The…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
U.S. Commercial Crude Stocks Fall 3.1 Million Barrels as Gasoline Inventories Drop
U.S. commercial crude oil inventories fell by 3.1 million barrels in the week ending October 16, the EIA reported. Gasoline…
Shell and ExxonMobil put $8bn UK chemicals business Infineum up for sale
Infineum, the 50:50 UK chemicals joint venture of Shell and ExxonMobil, has tapped Bank of America to run a sale,…
Persian Gulf oil flows near pre-war levels as Brent holds at $108.82
Oil flows out of the Persian Gulf in October nearly returned to levels seen before the Iran war began. Traders…
Brent Holds Above $111 as Houthis Hit Saudi Targets and Iran Claims Ship Strikes
Brent crude held above $111 per barrel as the Houthis struck more Saudi targets and the U.S. ordered non-emergency personnel…
