Fitch Forecasts Brent Crude Falling to $70 a Barrel by Late 2026 on Oversupply
Fitch Ratings expects Brent crude to average $87 a barrel across 2026 but slide to around $70 a barrel from…
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 Restricts Strait of Hormuz Passage as 2026 Crisis Escalates
Iran has restricted passage through the Strait of Hormuz for vessels linked to countries and individuals it blames for damage…
Russia’s crude output climbs 100,000 bpd back above 9 million barrels per day in July
Russia's crude and condensate output rose by roughly 100,000 barrels per day in July, pushing production back above 9 million…
BNP Paribas Sets $5,000 Gold Target Within 12 Months
BNP Paribas Wealth Management now targets $5,000-an-ounce gold within 12 months, implying more than 20% upside from current levels. The…
Saudi Arabia Cuts Key Arab Light Oil Price Again
Saudi Aramco has trimmed its Arab Light crude price for Asian buyers again, cutting the rate to one of the…
