Germany plans €1.5 billion strategic natural gas reserve to shield energy supply
Germany plans to spend €1.5 billion on a strategic natural gas reserve holding 2.3 billion cubic meters, roughly 10% of…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
June gold slide drains Belarus reserves to yearly low
A June slide in gold prices pushed Belarus's gold and foreign exchange reserves to their lowest level this year. The…
Genesis’ $9 billion bid for Vault tops Regis as Australian gold M&A heats up
Genesis Minerals has gatecrashed Regis Resources' pursuit of Vault Minerals with a roughly $9 billion cash-and-stock bid that Vault's board…
Silver rally stalls below $60 as a death cross looms on the daily chart
Silver's four-day rally has stalled, and the metal is now threatening to break below $60 for the first time this…
Citi forecasts Brent crude falling to $60-$65 by year-end as supply glut builds
Citigroup expects Brent crude to fall to $60 to $65 a barrel by year-end, arguing that Strait of Hormuz traffic…
