European Gas Prices Jump Over 2% as Supply Risks Outweigh Diplomatic Hopes
European natural gas prices jumped more than 2% on Thursday, reversing a recent slide as persistent supply bottlenecks outweighed tentative...
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Ukraine drone strikes hit two Russian oil refineries, including one of the country’s biggest
Ukraine's military struck the Bashneft-Novoil and Slavneft-Yanos oil refineries in long-range drone attacks on Thursday, President Volodymyr Zelenskyy said. The...
Saudi Aramco Cuts Arab Light Crude Price to Asia to Lowest Since 2020
Saudi Aramco cut its official selling price for Arab Light crude oil to Asian buyers for September, pricing the grade...
Gold Climbs to $4,300 as Hormuz Shipping Deal Cools Rate-Hike Bets
Gold climbed to $4,300 an ounce on Thursday, its fourth straight day of gains, as a shipping deal easing Middle...
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...
