Oil falls Friday but heads for 8% weekly gain as diesel hits record
Oil prices fell on Friday but remained on track for a weekly gain of more than 8%, while U.S. diesel…
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 Set for Weekly Loss of Nearly 2% as Fed Hike Bets Surge on Hot CPI
Gold headed for a weekly loss of nearly 2% on Friday as a hotter-than-expected August CPI report pushed the odds…
White House weighs invoking Defense Production Act to boost US oil refining capacity
The White House is weighing whether to invoke the Defense Production Act to expand US oil refining capacity, as diesel…
Saudi Arabia shuts down East-West oil pipeline after multiple attacks
Saudi Arabia shut down its East-West crude oil pipeline as a precaution after multiple attacks hit the line in the…
Silver rebounds to $64.396 as traders await US inflation data before Fed decision
Silver has rebounded 1.3% to $64.396 per troy ounce, clawing back from a three-week low as traders bought the dip…
