Saudi Aramco fuel tank fire near Riyadh airport follows overnight Houthi danger alerts
Saudi Arabia issued an all-clear over Riyadh on Saturday after residents heard booms and watched black smoke rise near King…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Supertanker shortage threatens global oil flow as freight costs hit record levels
A supertanker shortage is pushing freight costs for very large crude carriers to record levels, making some long-haul oil shipments…
Oil Prices Snap Two-Week Rally as Iran Diplomacy Eases Supply Fears
Oil prices fell for a third straight day Friday, ending a two-week rally that had lifted crude nearly 20%. Easing…
Gold Posts Slight Weekly Gain as Falling Oil Offsets Fed Rate Hike
Gold edged higher on Friday as a weaker dollar and a third straight drop in oil prices offset pressure from…
Panama Canal Auction Fees Hit Record $5.3 Million as Hormuz Crisis Reroutes Global Shipping
Disruptions at the Strait of Hormuz are spilling into global shipping thousands of miles away, pushing oil and LNG cargoes…
