Commodities
Oil rises on worries over supply disruptions as spill near Oman worsens
Oil prices rose on Thursday following deadly attacks on vessels in the Gulf of Oman and the Red Sea, and as an oil spill...
Commodities
Investors are chasing the latest rally in gold as the yellow metal hits strongest level in 2 months
Gold settled at a two-month high on Wednesday, and investors who spent the summer waiting for an opening are now rushing to join the...
Commodities
Saudi Arabia ramps up oil exports through Mediterranean pipeline to avoid attacks in Red Sea
Saudi Arabia has more than doubled its oil exports through Egypt's Mediterranean port of Sidi Kerir, reaching approximately 2.3 million barrels per day in...
Commodities
How the market is trading gold as Fed rate hike and inflation odds shift
Gold has fallen 18% from its 10-year high above $5,300 per ounce reached early in 2026, but last week marked the precious metal's best...
Commodities
Norway oil fund CEO says he’s more nervous after record returns
Norway's sovereign wealth fund, the world's largest at $2.3 trillion, posted a record gain of 1.4 trillion kroner ($150 billion) in the first half,...
Commodities
‘An unattractive deal with Iran is the best of limited bad options’ if the U.S. wants to get oil flowing again
Iran could impose shipping tolls on the Strait of Hormuz at around 5% to 7% of each oil cargo, generating close to $20 billion...
Commodities
Current price of oil as of August 12, 2026
As of August 12, 2026 at 6:35 a.m. Eastern Time, oil prices stand at $91.60 per barrel using the Brent benchmark, down 94 cents...
Commodities
Hormuz closure squeezes global economy as oil demand destruction intensifies, IEA says
The International Energy Agency has lowered its global oil demand forecast for 2026, expecting a drop of 1.6 million barrels per day, 510,000 barrels...