Fed’s Rate Hike Could Backfire If Oil Prices Collapse, Futures Curve Suggests
The Federal Reserve's September interest rate hike, its first in over three years, could backfire if oil prices fall as…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Rosneft opens $118 billion Vostok Oil Arctic terminal as sanctions-linked contractors keep it running
Rosneft has opened the first stage of its $118 billion Vostok Oil project in the Russian Arctic, including a new…
Gold Tests Same Technical Setup That Preceded June 17 Sell-Off
Gold futures are testing the same technical setup that preceded the June 17 sell-off, with the metal struggling to hold…
LNG tanker crossing Atlantic hit by suspected cyberattack in Mediterranean
An LNG tanker carrying US cargo to Europe suffered a systems failure in the Mediterranean early this month that its…
Saudi Arabia Reroutes Oil Through Hormuz as East-West Pipeline Stays Shut
Saudi Arabia has sold up to 60 million barrels of crude for September and October loadings via ship-to-ship transfers near…
