Iranian oil production plunged 19% in May, OPEC data shows, raising concerns about global crude supply and potential price spikes.
Crude oil's failure to reach $100 a barrel stems from a perfect storm of oversupply, weakening demand, and a resilient U.S. dollar…
China taps commercial oil reserves to counter Gulf supply shocks, signaling potential relief for global crude markets and easing price pressures on…
Kuwait offers crude oil to Asian buyers for the first time since a war disrupted supplies, hinting at a potential loosening of…
UAE's decision to offload bumper Gulf oil volumes for near-term loading signals a significant supply injection, threatening to depress Brent and WTI…
Russia’s first gold mining estimate in years came in above expectations, hinting at a potential supply boost that could weigh on gold…
An oil supertanker docked at Iran's Kharg Island for the first time in nearly a month, hinting at a possible recovery in…
Uzbekistan’s $1.5 billion gold export resumption through April adds to global supply, potentially capping gold’s upside as investors weigh the impact of…
Ghana's new mandate to buy 30% of large gold mine output from June could tighten global supply and lift gold prices as…
Alaskan oil resurgence draws fresh investment to the Arctic, signaling a potential shift in US crude output and energy markets.
U.S. oil rig count jumps by the most since 2022, signaling a potential crude supply surge that may weigh on oil prices…
A sharp rise in supertanker passages through the Strait of Hormuz lifted oil flows, pointing to higher supply and potential downward pressure…