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…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
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…
U.S. Crude Oil Stocks Fall 8.6 Million Barrels as WTI Climbs Above $97
U.S. commercial crude oil inventories fell 8.6 million barrels in the week ending October 9, the EIA reported. WTI rose…
ExxonMobil signals $4.5 billion refining profit boost as margins soar
ExxonMobil said higher third-quarter refining margins could lift its downstream profit by $4.5 billion from the previous three months. Margins…
Trump Weighs Saudi War and Russian Diesel License as Brent Holds Above $100
Oilprice.com says two Trump decisions will set this weekend's energy risk: whether to keep U.S. firepower out of Saudi Arabia's…
