European Gas Prices Ease From Five-Month Highs as Profit-Taking Sets In
European natural gas prices pulled back on Wednesday after a five-session rally pushed contracts to their highest levels since March…
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 rises for fourth session as Hormuz tanker traffic thins amid U.S.-Iran standoff
Oil prices climbed for a fourth straight session as tanker traffic through the Strait of Hormuz thins out and Washington…
Chinese-linked supertankers U-turn in Strait of Hormuz as tanker traffic thins
Two Chinese-linked supertankers reversed course in the Strait of Hormuz this week as shipping risk stays elevated amid the Iran…
Gold Slips Toward Key Support as Bond Yields Surge and Oil Fuels Stagflation Fears
Gold futures traded at $4,400.62 on Wednesday, struggling to hold the $4,397.79 resistance level as US Treasury yields hit multi-decade…
Crude Oil WTI Tests $84.70 Resistance as Momentum Turns Overbought
Crude Oil WTI is testing $84.70 on the 5-hour chart, a level where the 78.6% Fibonacci retracement meets the highest-volume…
