Oil Rises as Iran-Oman Deal Fails to Ease Strait of Hormuz Fears
Oil climbed in a choppy Thursday session as traders doubted a potential Iran-Oman deal would quickly restore normal shipping through…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Copper Hits Record High as Supply Squeeze, Not Growth, Drives Rally
Copper surged to a record high Thursday, with U.S. futures touching around $6.90 a pound before retreating into the close….
Gold Rallies 4.8% in Its Best Week Since February as Inflation Worries Return
Front-month gold futures jumped 4.8% this week to $4,242 an ounce, their largest one-week percentage gain since the week ending…
Oil jumps on Iran-Oman Hormuz shipping framework and reported Iranian strikes
Oil surged Thursday: Brent crude climbed as much as 4.7% to $83.19 a barrel after a report of an Iran-Oman…
Gold slips 0.3% as firmer dollar and rebounding oil offset Hormuz optimism
Gold eased on Thursday as a firmer dollar, rebounding oil prices, and climbing Treasury yields pulled bullion back from its…
