Oil Surges as Iran Tanker Attacks and Hurricane Isaias Collide
Oil posted its biggest gain in a month on Thursday as escalating Iranian tanker attacks collided with Hurricane Isaias shutting…
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 $12 Premium Over WTI Exposes the Cost of Hormuz Risk
Brent crude jumped to $103.63 a barrel on Thursday, up 3.42% on the day, after Trump said he does not…
Gold and Silver Test Key Support in a Maturing Correction
Gold and silver remain in a correction that started with the January 29 spike and reversal, and both metals are…
European Diesel Margins Climb About 3% as Middle East Supply Worries Mount
European diesel-refining margins rose about 3% on Thursday as escalating Middle East tensions and a US hurricane squeezed supply. Italy…
US imposes fresh sanctions on Iran’s oil shadow fleet
The US Treasury sanctioned individuals, networks and 17 vessels on Thursday for transporting Iranian crude oil, oil products and petrochemicals….
