Goldman Sees Upside Risk for Oil Prices Despite Weak Inventory Draws
Goldman Sachs says risks to its oil price forecasts remain tilted to the upside, even though global inventories have barely…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Chevron’s Venezuela Bet Pays Off While Exxon Waits on the Sidelines
Chevron has pledged $7 billion to Venezuela's energy industry, staying in the country through years of political uncertainty while ExxonMobil…
US crude oil tops $102 as Middle East supply risk and China’s demand collide
U.S. crude oil topped $102 a barrel this week, its highest close since May, as fighting in the Middle East…
Brent crude tops $100 a barrel as Iran, Ukraine conflicts squeeze central bank policy
Brent crude has climbed past $100 a barrel as the Iran and Ukraine conflicts push energy costs higher, complicating the…
Saudi Arabia Shuts Main Oil Pipeline After Drone Attack Traced to Iraq
Saudi Arabia shut down its East-West pipeline, which moves 4 million to 5 million barrels of crude a day, after…
