US Oil Majors Hit Record Production in 2025 Despite 49% Capex Cut, EY Finds
U.S. oil and gas producers pumped a record volume of crude in 2025 even as they cut capital spending 49%…
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 prices rise after Houthi missile attack on Riyadh
Brent and WTI crude rose Monday after Yemen's Houthis launched missile and drone strikes on Riyadh, the first time the…
Trump Presses Zelensky to Halt Russian Refinery Strikes Over Diesel Prices, Axios Reports
President Donald Trump repeatedly asked Ukrainian President Volodymyr Zelensky to stop striking Russian oil refineries during a Sunday phone call,…
Polymarket traders price 22% odds of Bab el-Mandeb Strait closure by year-end
Traders on Polymarket now assign a 22% probability that the Bab el-Mandeb Strait, a chokepoint carrying roughly 12% of global…
Ukraine’s Largest Drone Attack Hits Moscow’s Main Oil Refinery
Ukraine launched its largest drone attack yet on the Moscow region, hitting the city's main oil refinery and killing at…
