Oil hits four-week high as U.S. reimposes Iran blockade and eyes Hormuz fee
Oil climbed to a four-week high on Tuesday after the U.S. reimposed a naval blockade of Iran and renewed strikes...
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Brent’s futures curve flips into backwardation as U.S.-Iran tensions revive Hormuz supply fears
Brent's futures curve flipped back into backwardation on Tuesday as traders priced in fresh risks to Middle East supply and...
Abu Dhabi’s 2PointZero closes $2.25bn deal for US gas firm Traverse in first American market entry
Abu Dhabi's 2PointZero Group has closed a $2.25 billion all-cash deal for US natural gas firm Traverse Midstream Partners, its...
Ghana’s small-scale gold output on track to top last year’s record, Gold Board says
Ghana's Gold Board bought up to 54 metric tons of gold from artisanal and small-scale mining in the first half...
Same LNG Bet, Opposite Results: Why Natural Gas Fund UNG Fell 77% as Producer ETF FCG Rose 99%
Two natural gas ETFs built on the same LNG-demand story delivered opposite results: the futures-based UNG has lost 77.14% over...
