Oil Settles Higher After Saudi Pipeline Strikes And Hormuz Tanker Blast
Oil settled about 1% higher on Monday after new Houthi strikes on Saudi Arabia and a tanker explosion in the…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Bab el-Mandeb Seizure Adds to Hormuz and Saudi Pipeline Disruptions
Houthi forces have seized Yemen's Red Sea coast and Perim Island, giving them a hold over the Bab el-Mandeb Strait…
Northwest European Gasoline Refining Margins Climb $3 to $52 a Barrel
Northwest European gasoline-refining margins rose about $3 to $52 per barrel on Monday. Barge trades and Platts-window deals moved gasoline…
Brent crude hits $109.80 as Saudi pipeline shutdown derails Hormuz talks
Brent crude jumped as much as 5% to $109.80 a barrel after Saudi Arabia shut its East-West pipeline following a…
Gold Slides for Third Straight Week Ahead of Fed Rate Decision
Gold slipped around 1% at the start of the new week, extending a third straight weekly decline as oil-driven dollar…
