Energy Secretary Says Hormuz Oil Shortfall Smaller Than Feared
U.S. Energy Secretary Chris Wright disputed claims that Strait of Hormuz tanker traffic has collapsed, telling Fox News the real…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Indian refiners book crude cargoes months ahead as Russian supply drops and Hormuz stays uncertain
Indian state-owned refiners are booking spot crude cargoes for delivery as far ahead as November, far earlier than their usual…
Two new oil slicks appear in the Gulf as Oman spill threatens disaster
Satellite imagery and video verified by Reuters show two new oil slicks inside the Gulf, near Iran's Qeshm and Sirri…
Venezuela and its opposition jointly seek return of $4bn in gold from Bank of England
Venezuela's government and opposition have jointly agreed to push for the return of $4 billion in gold reserves held at…
Iranian supertanker resumes loading at Kharg Island after month-long naval blockade
A supertanker operated by the National Iranian Tanker Company loaded roughly two million barrels of crude oil at Kharg Island,…
