Commodities

Deutsche Bank says gold’s ‘explosive’ run isn’t over and gives a bullish end-of-year forecast

Gold has experienced an explosive phase since August 2024, with its price doubling despite declining from its all-time high of $5,589.38 per ounce reached...

Current price of oil as of August 4, 2026

As of August 4, 2026 at 5:20 a.m. Eastern Time, Brent crude oil was trading at $89.81 per barrel, up $2.43 from the previous...

Trump warns Iran talks are ‘last chance’ to end war — oil prices rise as Tehran denies negotiations

U.S. President Donald Trump warned on Monday that the current round of negotiations with Iran represented the "last chance" to end the five-month conflict....

BP profit more than doubles as Trump blasts Big Oil for ‘making too much money’

British oil giant BP reported second-quarter underlying replacement cost profit of $5.7 billion, beating analyst expectations of $5 billion. This performance reflects surging oil...

Saudi Aramco profits soar in second quarter as Iran war squeezes oil supply

Saudi Aramco reported a sharp rise in second-quarter profit, driven by severe supply disruptions through the Strait of Hormuz amid the escalating Middle East...

Trump says Exxon and Chevron made ‘too much money’ off high oil prices during Iran conflict: ‘I don’t like it’

President Donald Trump said Monday that ExxonMobil and Chevron made "too much money" as crude oil prices rose due to the Iran war. Chevron...

Gold is still in its ‘explosive phase,’ says Deutsche Bank, as it sticks to year-end target

Deutsche Bank affirms that gold remains in an explosive price behavior phase that began in August 2024. Strategist Michael Hseuh reiterated the bank's year-end...

Current price of oil as of August 3, 2026

As of 6:50 a.m. Eastern Time on August 3, 2026, oil traded at $87.38 per barrel using the Brent benchmark, up 71 cents from...