Record Tanker Rates Strand Heavy Crude in the Americas as Freight Hits $40 Per Barrel
Record tanker rates are pushing heavy crude prices in Canada, Colombia and Ecuador down by roughly $10 per barrel. Shipping…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Goldman Sachs sees upside risks to its 70 euro TTF gas forecast as Europe’s storage runs low
Goldman Sachs says risks to its year-end TTF forecast of 70 euros per megawatt hour are skewed to the upside….
Morgan Stanley lifts Brent forecast to $105 as costly freight favours short-haul crude
Morgan Stanley raised its Brent forecasts to $105 a barrel for 4Q26 and $100 for 1Q27, arguing that costly freight…
Brent settles near $106 as booms are reported near Aramco’s Dhahran headquarters
Brent crude settled down about 1% near $106 on Tuesday as hopes for a US-Russia diesel deal offset the Saudi-Houthi…
Silver Compresses at $59.50 Above $58.70 Support After Slide From $71.16
Silver's 5-hour chart shows price compressing at $59.50, just above support near $58.70. Momentum indicators hint at exhaustion, but the…
