US oil and gas rig count falls to 598 as oil rigs hit 2026 high
The US oil and gas rig count fell by one to 598 in the week ending Friday, Baker Hughes data…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Dated Brent Jumps Above $120 as Physical Oil Market Diverges From Futures
Dated Brent, Europe's physical oil benchmark, jumped above $120 per barrel even as ICE Brent futures slipped toward $101. The…
Gold’s Rally Stalls as Long-Term Treasury Yields Overpower a Softer Fed
Gold spiked to $4,251 on Wednesday but was sold within hours, even as softer inflation data cut the odds of…
US crude stocks rise 0.9 million barrels as SPR keeps draining
U.S. commercial crude oil inventories rose 0.9 million barrels for the week ending September 25, the EIA's latest weekly report…
US crude stocks post surprise build as Gulf supply recovers and Brent slips below $100
U.S. crude inventories posted an unexpected build for the week ended September 25, even as Gulf oil exports recovered from…
