Ineos idles three UK chemical plants over high gas prices
Ineos is pausing production at three chemical plants in Hull, blaming UK gas prices that are twelve times higher than…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Brent Crude Falls Below $100 a Barrel on Iran’s Hormuz Offer
Brent crude dropped below $100 a barrel on Tuesday, its lowest level in two weeks, after reports that Iran offered…
Macron asks EU to ease fuel rules as France’s diesel shortage deepens
France is running short on diesel, and Emmanuel Macron wants Brussels to ease the rules behind it. The French president…
Iran offers to reopen Strait of Hormuz within seven days, oil prices fall below $100
Iran has reportedly offered to reopen the Strait of Hormuz within seven days if the United States eases military pressure,…
Gold holds between $4,230.70 and $4,408.80 as moving averages cluster near current price
Gold has traded between $4,230.70 and $4,408.80 since September 10, unable to break either boundary. A cluster of moving averages…
