Oil prices rise as Mideast supply jitters and Atlantic storm threat persist
Brent and WTI crude both climbed Wednesday as traders weighed easing Gulf supply against fresh threats in the Middle East…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Gold extends declines as dollar firms as Fed minutes awaited
Gold dropped on Wednesday as a stronger dollar made the metal pricier for overseas buyers, extending a six-week pullback from…
Home heating oil prices to average $5.26 a gallon this winter, 34% above last year
Home heating oil prices are set to average $5.26 a gallon this winter, up 34% from last year, the U.S….
Chevron CEO warns U.S. diesel export ban risks worsening supply crunch
Chevron CEO Mike Wirth told CNBC that a U.S. diesel export ban would be unwise, warning it could worsen global…
Cenovus Energy to Acquire Athabasca Oil in $4 Billion Deal
Cenovus Energy agreed to acquire Athabasca Oil Corporation in a cash-and-stock deal carrying an implied enterprise value of C$5.7 billion…
