Saudi Arabia Reroutes Crude Through Egypt as Bab el-Mandeb Threats Spread
Saudi Arabia is moving crude to Egypt's Sidi Kerir port through the SUMED pipeline to keep tankers out of the…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Gold slips 1.1% to $4,034.31 as firm dollar and Fed decision weigh
Spot gold fell 1.1% to $4,034.31 an ounce on Tuesday as the U.S. dollar strengthened to near one-month highs. Traders…
Libya protesters enter Mellitah oil and gas complex, threaten to halt supply
Protesters angered by power cuts entered Libya's Mellitah Oil and Gas complex on Tuesday and threatened to halt gas and…
OPEC+ plans to pause oil quota hikes after September as Iran war tightens Gulf supply
OPEC+ is reportedly planning to stop raising production quotas after a final hike in September 2026, freezing output policy for…
Saudi Aramco shuts Jazan refinery after Houthi missile and drone attack
Saudi Aramco has shut its Jazan oil refinery, capacity 400,000 barrels per day, after a Houthi missile and drone attack…
