WTI Crude Rallies 5.91% as Iran Ceasefire Collapses and Hormuz Traffic Stays Restricted
October WTI crude futures gained 5.91% this week to $86.31 as the Iran ceasefire expired and Strait of Hormuz shipping…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Gold heads for biggest monthly gain since 1999 as dollar weakens
Gold is up more than 13% in August, putting it on track for its biggest monthly gain since 1999. The…
Germany struggles to meet natural gas storage goals amid Iran war
Germany's natural gas storage sits just over 50% of capacity, far below last year's pace, as higher prices tied to…
Saudi Arabia Reroutes Crude Tankers North to Dodge Houthi Attacks in the Red Sea
Shipowners are shuttling Saudi Arabian crude away from the Red Sea's Yanbu terminal after Houthi militants began targeting tankers loading…
Gold holds above $4,500 as weaker dollar, Treasury buybacks lift bullion
Spot gold climbed 1.4% to $4,582.64 an ounce on Friday, extending a weekly rally past 4% as a softer dollar…
