Oil climbs 5% after Iran rejects Oman’s Strait of Hormuz proposal
Iran turned down Oman's proposal for joint management of the Strait of Hormuz, and oil prices climbed 5% on 29…
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 pinned near $4,000 as futures market prices 1-in-3 odds of a Fed hike
Gold is under pressure near $4,000 an ounce ahead of the Fed's July decision, with the futures market putting the…
Oil Jumps More Than 4% After U.S. and Saudi Strikes in Iraq and Intercepted Iranian Missile Attack
Oil prices jumped more than 4% on Wednesday after the United States and Saudi Arabia struck Iran-backed groups in Iraq…
Brent crude jumps 3.8% to $87.26 after Iran fires missiles at US forces
Brent crude rose 3.8% to $87.26 a barrel after Iran fired ballistic missiles at US forces in the Middle East,…
Gold holds above $4,000 as traders shift focus to the FOMC vote split
Gold has settled into a narrow range above $4,000 after last week's Middle East risk premium faded and Brent crude…
