US Pushes Ahead With New 40 Million Barrel SPR Exchange as Reserve Hits 1982 Low
The U.S. Department of Energy has issued a new request for proposal to exchange up to 40 million barrels 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.
Gulf oil exports top pre-war levels in September as Hormuz tanker attacks escalate
Gulf oil exporters pushed crude flows above pre-war levels for roughly half of September, led by a Saudi Arabian push…
Gold Rebounds but Strong Dollar, Yields Keep Downside Risks Elevated
Gold bounced modestly after a weak US jobs report but stalled near $4,220 and turned lower again, as a resilient…
Hormuz LNG Flows Rebound to 21% of Pre-War Levels, Still Trail Oil’s Recovery
Goldman Sachs says LNG crossings through the Strait of Hormuz climbed to 21% of pre-war levels in September, up from…
Gold Retains Reserve Status Despite Surging Bond Yields, Central Bankers Say
Central bankers at the London Bullion Market Association's annual conference in Sorrento, Italy, said gold remains a core reserve asset…
