Gold Holds Steady as Record Diesel Prices Fuel Fed Rate-Hike Bets
Gold has retraced from its record high of $5,600 and now sits largely unchanged for the year, even as U.S….
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Oil extends losses as Saudi Arabia reroutes crude cargoes through Oman
Oil prices extended their decline early Thursday after reports that Saudi Arabia is offering extra crude cargoes to Asian refiners…
Silver tests $63.29 support after Fed’s quarter-point rate hike
Silver dropped sharply and then rebounded to $63.385 on Sept 16, holding just above the daily support level at $63.29…
Tanker rates smash $1 million a day as oil shipping crisis deepens
Tanker rates have topped $1 million a day for the first time as shipowners balk at sending vessels into the…
Oil above $100 pushes U.S. fuel prices to record highs
U.S. diesel and gasoline prices hit fresh records this week as oil traded above $100 a barrel, driven by a…
