Oil prices rise 1% as UAE suspends financial ties with Iran
Brent and WTI crude rose to their highest levels in roughly three weeks after the United Arab Emirates suspended all…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
US Crude Stockpiles Rise 4.4 Million Barrels as Saudi Imports Collapse
US crude oil inventories climbed 4.405 million barrels in the week ending August 14, blowing past the 0.200 million-barrel increase…
Gold jumps 2.9% as Treasury doubles down on bond buybacks
Spot gold rose 2.9% to $4,458.43 an ounce on Wednesday after the U.S. Treasury said it plans to at least…
Platinum rallies 2.9% as Fed rate-hike odds collapse and supply deficit deepens
Platinum jumped 2.9% to $1,766.80 per ounce as fading Federal Reserve rate-hike odds and a weaker dollar lifted precious metals…
Oil eases as prediction markets narrow odds of a new record high
Oil pulled back intraday, with both WTI and Brent settling at $89.26 a barrel. Prediction markets now put the odds…
