Banks raise Brent oil forecasts as Gulf shipping disruptions persist
Bank of America, Goldman Sachs, HSBC and Commerzbank have all raised their Brent crude forecasts as shipping disruptions 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.
Iran ties Strait of Hormuz reopening to US compliance with truce terms
Iran's foreign minister says the Strait of Hormuz stays conditional on the United States returning to its truce commitments, keeping…
New Hormuz attack and Saudi pipeline shutdown push Brent above $100
A new attack on shipping in the Strait of Hormuz and a drone strike that forced Saudi Arabia to shut…
Brent Crude Tops $106 After U.S. Strikes On Iranian Tankers
Brent crude climbed to $106.83 a barrel on Thursday, up 5.6% on the day, after U.S. Central Command said it…
UK Households Face Heating Oil Squeeze as Winter Approaches
Heating oil for households in Devon, Cornwall, Guernsey and Jersey has surged this year, with prices in England rising from…
