Oil Holds Sharp Losses as Hormuz Shipping Deal Offsets US Inventory Build
Oil prices held steep weekly losses on Thursday as progress toward reopening the Strait of Hormuz offset a surprise build…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Gold Clears $4,252 Pivot, Puts $4,381 and $4,458 Targets in Play
Gold has broken above the $4,252 VC PMI pivot after rallying from a $4,074 low, turning the $4,240-$4,252 zone into…
Middle East War Doubles LNG Prices as Buyers Turn to Coal
Liquefied natural gas prices have doubled since January as the Middle East war throttles exports from the Persian Gulf, forcing…
Middle East War Doubles LNG Prices, Pushes Asia Back to Coal
The Middle East war has cut Persian Gulf LNG exports to a trickle and doubled global prices since January, pushing…
Gold jumps 4.5% in its best one-day gain in six months as Hormuz tensions ease
Gold jumped 4.5% on Wednesday, its best one-day gain in six months, as hopes for a Middle East de-escalation and…
