Saudi Arabia’s oil export boost stabilizes prices near $100 a barrel
Saudi Arabia has increased oil exports through the Strait of Hormuz to a six-month high, following disruptions to pipeline operations….
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Fed Rate Hike Puts Gold’s Rally to $4,300 Back in Focus
Gold trades near $4,300 per ounce after the Fed raised interest rates last week for the first time in multiple…
Oil Slides as Hormuz Flows Recover and Iran Diplomacy Hopes Build
Oil prices dropped for a fourth straight session on Monday as rising Saudi exports through the Strait of Hormuz and…
OPEC+ Goes Quiet as Wars and Sanctions Take Over Oil Markets
OPEC+ is losing its grip on setting oil-market terms as wars, sanctions, infrastructure attacks and shipping constraints increasingly drive prices…
Oil-rates correlation hits 35-year high as Cboe flags 0.96 reading
Oil price swings and interest-rate swings are now moving in near lockstep, according to Cboe Global Markets. The one-month rolling…
