Oil Prices Snap Two-Week Rally as Iran Diplomacy Eases Supply Fears
Oil prices fell for a third straight day Friday, ending a two-week rally that had lifted crude nearly 20%. Easing…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Gold Posts Slight Weekly Gain as Falling Oil Offsets Fed Rate Hike
Gold edged higher on Friday as a weaker dollar and a third straight drop in oil prices offset pressure from…
Panama Canal Auction Fees Hit Record $5.3 Million as Hormuz Crisis Reroutes Global Shipping
Disruptions at the Strait of Hormuz are spilling into global shipping thousands of miles away, pushing oil and LNG cargoes…
Brent Crude Tops $106 After US Strikes Destroy Five Iranian Tankers
Brent crude climbed to $106.83 a barrel on Thursday, its highest level since May 19, after U.S. Central Command said…
Gold consolidates between $4,393.5 support and $4,434.9 resistance on 5-hour chart
Gold is trading in a tight range on the 5-hour chart, squeezed between $4,393.5 support and $4,434.9 resistance. The metal…
