Norway Sees Renewed Interest in Oil and Gas Beneath Norwegian Sea Basalt
Norway's regulator says potentially significant petroleum resources may lie beneath volcanic rock in the Norwegian Sea. New imaging technology is…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
US Oil Rig Count Falls by 3 as WTI and Brent Trade Higher on the Week
The US drilling rig count held at 603 this week even as oil prices rose over the past week. Weekly…
Gold Drops 1.8% on Hot CPI, but Analysis Calls Selloff a Rate-Fear Overreaction
Gold fell to $4,080 after a warmer-than-expected September CPI report, then recovered some of the drop. An Investing.com analysis argues…
Brent Holds Near $105 as Wars and Attacks Keep Oil Markets on Edge
Oil prices stayed rangebound this week, with ICE Brent around $105 per barrel. Hurricane-related shut-ins no longer support prices, so…
Supertanker rates fall from record highs as Middle East attacks curb demand
Supertanker freight rates fell this week from record highs. Demand eased after a wave of attacks on vessels in the…
