US Drillers Cut Rigs for First Time in Six Weeks as Oil Holds Near $100
U.S. drillers idled rigs this week for the first time in six weeks, trimming the national count to 587 even…
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 Near $4,000 Lifts Central Asian Economies While Deepening Debt and Inflation
Gold hovering near $4,000 an ounce has lifted exports, state reserves, and miner wages across Central Asia. The windfall has…
Oil slips below $100 as Iran conflict widens
Oil's retreat below $100 a barrel on Friday cooled the inflation scare that had driven U.S. Treasury yields to their…
Saudi Red Sea Crude Exports Slide 41% From March Peak as Houthis Target Tankers
Saudi crude shipments from Yanbu on the Red Sea have fallen 41% since March, sliding to about 2.39 million barrels…
Silver recovers above $58 as Fed rate-hold bets weaken
Silver futures returned above $58 on Friday morning after opening lower, recovering from Thursday’s pullback. The move tracked shifting expectations…
