Oman oil spill nears Strait of Hormuz, traffic-normalization odds fall to 15.5%
An oil spill from the grounded tanker Caroline Bezengi has reached Oman's southern coast near the Strait of Hormuz. Prediction…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Houthis Claim Drone Strike on Aramco’s Jizan Refinery
Yemen's Houthi group claims it launched two drones at Saudi Aramco's Jizan refinery, a facility with roughly 400,000 barrels per…
Oil falls more than 3% on weaker demand outlook and US crude buildup
Oil dropped more than 3% on Thursday as a large U.S. crude stock build and lower demand forecasts from OPEC…
WTI Crude Drops $3 to $80.15 as Middle East Tension Meets Technical Breakdown
WTI crude dropped $3.12 to $80.15 as traders struggled to pin down a single cause behind the size of the…
Natural gas storage climbs 36 billion cubic feet, beating forecasts
The Energy Information Administration reported a 36 billion cubic foot rise in natural gas storage, topping the 31 billion cubic…
