Brent Crude Falls Toward $87.40 as Hormuz Reopening Hopes Weigh on Oil
Brent crude extended its slide toward $87.40 a barrel on Thursday as talks between Qatar and Iran fueled expectations 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.
Enbridge buys 500 miles of Permian Basin pipeline in $600 million deal
Enbridge is buying Salt Creek Midstream's crude oil gathering business in the Delaware Basin for $600 million, adding roughly 500…
Oil Extends Declines as Mideast Diplomacy Hopes Ease Supply Fears
Oil prices fell for a fourth straight session as markets bet that Middle East diplomacy will ease supply constraints. Brent…
Gold Holds Steady as Traders Await Warsh’s Jackson Hole Speech
Gold prices held steady on Thursday as traders paused for profit-taking ahead of Fed Chair Kevin Warsh's Friday speech at…
European gas steadies as Hormuz diplomacy offsets storage shortfall
European natural gas contracts held steady on Thursday, off one-week lows, as diplomatic progress over shipping through the Strait of…
