Oil Steady as Middle East Exports Offset Houthi Attacks on Saudi Arabia
Oil prices held steady Tuesday as rising Middle Eastern crude exports and a G7 emergency stockpile release countered fresh Houthi…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Crude Oil Rebounds Toward $88.59 as Hormuz Attack Reports Mount
WTI crude stalled near $86.86, just above the $86.83 retracement level, and reclaimed $88.59 after a wave of headlines pointed…
LBMA delegates forecast gold at $5,013 an ounce within 12 months
Delegates at the London Bullion Market Association's annual conference in Sorrento, Italy forecast gold will reach $5,013 per troy ounce…
World oil stockpile buffer nearly exhausted, industry executives say
Global oil inventories have fallen so low that industry executives say the market has lost its buffer against supply shocks….
Gold producers tax exports and hoard output as central banks keep buying
Gold-mining countries are increasingly keeping their own output instead of selling it abroad, taxing exports, building refineries and routing production…
