Hormuz Diplomacy Collapses, Sending Oil Into a Sharp Weekly Whipsaw
September WTI crude fell to $84.12 late Thursday, down $6.35, or 7.02%, for the week, after a diplomatic push to…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Exxon and Chevron profits surge on Iran war oil prices as Trump threatens price crackdown
Chevron and Exxon posted surging second-quarter profits as the Iran war pushed up oil prices, with combined net income reaching…
UK petrol prices hit their highest level this year as US renews Iran strikes
UK petrol prices have climbed to their highest level this year after Donald Trump ordered renewed strikes on Iran, the…
China raises gasoline and diesel price caps as Middle East conflict lifts oil prices
China's National Development and Reform Commission is raising retail caps on gasoline and diesel, responding to global crude prices pushed…
Germany’s Hydrogen Freight Subsidies Draw 526 Applications as Gas Pipelines Are Converted
Germany's hydrogen truck and refueling subsidy program has drawn 526 applications requesting €455 million from a €220 million fund. An…
