Brent crude jumps 2.6% to $102.80 on Hormuz tanker attacks and Gulf supply fears
Brent crude jumped 2.6% to $102.80 a barrel after a surge in attacks on tankers in the Strait of Hormuz…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
South Korea’s Alaska LNG Commitment Falls Short of Trump’s More Than $50 Billion Claim
Washington's tariff pressure is pushing South Korea toward Alaska LNG, but Seoul's conditional review falls well short of financing the…
Gold slips 1.3% as Fed minutes point to another rate hike, oil rises
Gold slipped Wednesday after Federal Reserve minutes showed most policymakers favor one more rate hike this year, while the dollar…
Depleted Global Oil Stocks Set a Higher Floor Under Prices
Eight months of Middle East conflict have drained the world's spare oil inventories, leaving the market with almost nothing to…
European diesel margins climb over 10% as EU, IEA weigh stock release and France readies 10 million barrels
European diesel refining margins jumped more than 10% as the International Energy Agency and the European Union discussed releasing strategic…
