Capital Economics: oil prices won’t fall as far this time if Hormuz reopens
Capital Economics says oil prices will not fall as sharply as they did after the first Gulf memorandum of understanding,…
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 Strike Saudi Aramco’s Jazan Refinery Two Days After Riyadh’s Defence Pact With Turkey, Pakistan
Yemen's Houthi movement says it attacked Saudi Aramco's Jazan refinery with a drone on Sunday, two days after Saudi Arabia…
Houthi Missile-and-Drone Strike Takes Saudi Aramco’s Jazan Refinery Offline
Yemen's Houthi movement struck Saudi Aramco's Jazan and Yanbu facilities with ballistic missiles and drones on July 25, the group's…
U.S. oil output cushions the world from the Hormuz shock, but drains domestic supply
Record U.S. crude output, LNG exports, and fuel shipments are absorbing much of the global supply shock from the closed…
China adds 20 tonnes of gold in July, its largest purchase since 2023
China's central bank added 20 tonnes of gold to its reserves in July 2026, its largest single-month purchase since October…
