The clandestine shuttle trade helps explain why Brent has held broadly in an $80 to $90 range through August rather than testing the $150 levels once feared at ...
The commentary underscores how sensitive gold sentiment remains to any upside surprise in US inflation data, given the current rally rests on expectations of a ...
Any move against Chinese refiners or banks handling Iranian crude carries a direct oil market consequence: curbing discounted Iranian barrels would tighten supp...
It's a subdued beginning to the new week for futures.Slightly up forgoldNQOil is a touch firmer:Oil- weekend recap & what's ahead: Iran vows to keep Hormuz ...
The announcement itself carries limited direct market impact, but it reinforces a broader read that Washington is trimming its footprint and spending in seconda...
Crude held a firm bid into the weekend, with Brent on track for a 6.0% weekly gain and WTI up 5.4%, as traders priced in an extended disruption to Hormuz transi...
The weekly Baker Hughes rig count showed:Oil up 1 to 455Natural gas up 4 to 128Total rigs +5 to 593.Versus a year ago, the Oil is up from 412, Natural gas is up...
This builds from the technical position from yesterday here:Gold fails to find that additional spark from US inflation dataAs mentioned then, one of the potenti...
The pullback marks a clean break from the six session rally that had carried both benchmarks higher into Wednesday, with a hefty build in US crude stocks doing ...
Diverging signals from Richmond and Cleveland Fed presidents this week underline how unsettled the September rate path remains, with markets currently pricing r...
ADNOC, the Abu Dhabi National Oil Company, is the UAE's state owned energy giant, spanning upstream production, gas, refining, petrochemicals and shipping throu...
Any time there is a sudden move in the oil market, the collective reaction of traders is to say: Something is happening in the Middle East that we don't know ab...