US natural gas storage rises 32 Bcf, topping forecasts and signaling softer demand
US natural gas inventories rose by 32 billion cubic feet last week, more than the 29 billion cubic feet analysts…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Oil hits $100 a barrel for the first time since May on Middle East supply fears
Oil reached $100 a barrel for the first time since May as fighting in the Middle East and Houthi attacks…
Gold holds above $4,130 as Middle East tensions counter rate-hike fears
Gold held above $4,130 an ounce on Thursday as buyers stepped into recent weakness, even as escalating Middle East tensions…
Oil hits six-week high as US strikes Iran and Houthis blockade Saudi shipping
Oil climbed to a six-week high on Thursday as fresh US strikes on Iran and a Houthi blockade of Saudi…
Refiners Bypass Vitol and Trafigura to Buy Venezuelan Crude Straight From PDVSA
Refiners including Phillips 66, Chevron, Reliance, Repsol and Eni are signing direct crude supply deals with Venezuela’s PDVSA, squeezing out…
