Russian Urals Oil Drops to Pre-Iran War Levels, Squeezing Kremlin Finances
The price of Russia's Urals oil has dropped to pre-Iran war levels, delivering a major revenue shock to the Kremlin and raising…
The price of Russia's Urals oil has dropped to pre-Iran war levels, delivering a major revenue shock to the Kremlin and raising…
OPEC+ emerges from wartime constraints and signals a return to higher production, which could flood the market with excess supply and drive…
Ukrainian drone attacks on Russian refineries heighten global supply risks, likely pushing crude prices higher and increasing energy market volatility.
Aluminum and copper rallied as fading Fed rate hike expectations eased demand worries, even as Goldman Sachs cautioned that a quicker-than-expected supply…
Citigroup's launch of a London gold vault intensifies competition in the world's largest bullion market, reshaping the precious metals custody landscape for…
Corn prices jump on French crop damage from European heat wave, tightening global supply and lifting agricultural commodity markets.
Gold steadied near recent highs as diminishing rate-hike worries bolstered the metal's investment case.
OPEC's production increase drove oil prices lower while the dollar steadied, setting a cautious tone across global financial markets.
Oil prices declined on July 5 as the Strait of Hormuz saw no disruption and OPEC+ prepared to increase output, with WTI…
Oil tankers navigating the Strait of Hormuz rerouted to a path along the Omani coast after making U-turns, a sign of heightened…
OPEC+ ratified a modest oil output hike for August, lifting daily production by 400,000 barrels as Gulf output recovers, a move likely…
OPEC+ announced a 188,000 barrel-per-day quota hike and Gulf oil flows resumed, triggering a selloff in crude futures as markets braced for…