Shell, BP, Exxon Brace for Lower Oil Prices as Big Oil Cuts Costs
Major oil companies including Shell, BP and Exxon rethink capex and dividends as lower crude prices pressure margins, warning of a tougher…
Commodities: the latest market news with AI summary, sentiment and the assets affected, updated around the clock.
Major oil companies including Shell, BP and Exxon rethink capex and dividends as lower crude prices pressure margins, warning of a tougher…
Gold holds firm as easing Hormuz tensions reduce rate-hike bets, shifting market focus to Fed policy outlook and sustaining bullion’s appeal above…
Bloomberg’s August 6 oil market analysis examines crude price action, supply risks, and demand outlook amid global economic uncertainty and OPEC+ strategy…
Ghana's $1.9 billion loss on 2025 gold purchases, flagged by the IMF, highlights the dangers of sovereign gold buying when markets reverse.
Both WTI and Brent crude fell sharply in early trading as diplomatic progress toward a Hormuz reopening deal reduces the geopolitical risk…
Copper rallies to near-record highs as tariff threats and Strait of Hormuz speculation ignite supply fears and push bulls to front-run potential…
Bloomberg Opinion warns that geopolitically driven Hormuz tolls may have put a ceiling on crude prices, suggesting the current rally cannot extend…
Dry bulk shipping rates hit a three-week high as Typhoon Dolphin disrupts key Asia Pacific shipping routes, tightening vessel availability and lifting…
Gold steadied and oil dropped after progress on Hormuz diplomacy trimmed Federal Reserve rate-hike expectations, sending the dollar lower and bond prices…
Stay informed with the latest oil market news and analysis for August 5, covering crude price trends and key drivers.
Oil slumps as a Hormuz reopening deal promises to restore safe passage and unwind the geopolitical risk premium.
Energy Secretary says fuel shipping waiver extension is 'quite likely,' signaling continued foreign tanker access to U.S. ports, which may ease oil…