U.S. oil jumps 5% as doubt grows over U.S.-Iran deal to reopen Strait of Hormuz
Oil prices jumped Monday as doubt grew that Washington and Tehran will reach a deal to reopen the Strait of…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
European gas prices stay elevated as Iran-Oman Strait of Hormuz talks yield no breakthrough
Dutch TTF benchmark prices are hovering between €56 and €61 per megawatt-hour after Iran-Oman talks over shipping through the Strait…
US oil reserve falls below 300 million barrels as crude jumps on fading Iran deal hopes
The US Strategic Petroleum Reserve fell to 298.7 million barrels last week, its lowest level since 1983, as oil prices…
Oil climbs 4% as Iran rules out U.S. talks, ties Hormuz reopening to unmet demands
Oil prices jumped 4% on Monday, rebounding from a weekly slide of more than 7%, after Iran ruled out direct…
Gold Posts Best Weekly Gain Since January on Weak U.S. Jobs Data
Gold jumped roughly 7% last week, its best weekly gain since January, after an unexpectedly weak U.S. jobs report cooled…
