Oil Slips as US Crude Stockpiles Rise Despite Saudi Supply Disruptions
Oil prices fell Wednesday, retreating after a two-day rally, once an unexpectedly large U.S. crude inventory build offset lingering Middle…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Iraq’s Basrah crude falls $43.06 below Murban as Hormuz tanker traffic stays choked
Iraq's Basrah Medium is trading at a $43.06 discount to the Murban benchmark as tanker traffic through the Strait of…
Gold Dips as Dollar and Yields Rise a Day Ahead of Fed’s Expected Rate Hike
Gold slipped Tuesday as the dollar, Treasury yields, and oil prices all climbed a day ahead of a Federal Reserve…
WTI Crude Jumps 4.4% to $105.88 as Saudi Pipeline Attack and Libyan Outage Squeeze Supply
Crude oil jumped on Tuesday after Libya halted output at three oilfields and Saudi Arabia suspended loadings at its Red…
WTI Crude Oil Surges 22.7% Above 200-Day Average, RSI Flags Overbought Conditions
WTI crude oil has surged 22.7% above its 200-period average, trading at $105.66 on the 5-hour chart with price stacked…
