Commodities News

Oil prices have fallen back at the start of this week despite heightened geopolitical risk after Iran attacked Israel with more than 300 missiles and drones. Traders appear to be...

Russia exported the highest level of oil from its ports in 11 months in the week to April 14, as export terminals likely shipped more crude that couldn’t be processed at refineries...

A brief overnight bump in crude-oil prices reversed early Tuesday as traders bet that the White House’s opposition to an Israeli counterattack against Iran would help to...

German oil and gas production fell again in 2023 compared to 2022, industry association BVEG said on Tuesday, calling for increased domestic production to reduce dependence on more...

In response to increased client demand for flexibility in the commodities market and in line with its commitment to deliver comprehensive trading solutions, FP Markets has...

What a run it has been for gold in 2024, and we're still only just four months in. A surging run from $2,000 all the way to $2,400 in a time when the dollar is also holding strong...

The Biden Administration is unlikely to attempt to dramatically curtail Iranian oil exports after Iran’s attack on Israel, due to concerns about higher oil and gasoline prices in...

The frontrunner in Mexico’s next presidential elections, Claudia Sheinbaum, will invest billions in new natural gas generation capacity and solar power, Bloomberg has reported,...

China’s first-quarter economic growth data is out and it’s an expectation beater. The country’s GDP grew at a rate of 5.3% during the first three months, versus Reuters economist...

The United States will only extend a sanction relief regime for Venezuela if the Maduro government makes progress on commitments undertaken last year to ensure fair elections. This...

Traders expect spare capacity will cap crude prices despite the conflict in the Middle East.

Oil’s climb toward $100 a barrel came to a halt on Monday, but whether the market is taking a temporary breather from its rally or has hit a long-term snag remains to be seen.

Crude oil futures are settling a day at $85.41. That's down $0.25 or -0.29%. The high price reached $86.11. The low price was at $84.05. That was a multi-week low. The drop earlier...

Israel convened its war cabinet on Monday morning, vowing a response to what is being described as a direct attack on Israel, despite various reports suggesting that Iran...

Russia has brought back online some oil refining units in recent weeks, reducing the capacity taken offline by Ukrainian drone hits to around 10%, from 14% at the end of...

"This might be controversial ... but it's not the responsibility of oil companies to solve climate change."

U.S. stocks look to rebound on Monday, after fears over the conflict in the Middle East sparked a flight to safety Friday in U.S. markets.

BP has cut over a tenth of its workforce in its EV charging business, BP Pulse, as the supermajor is downsizing the division and retreating from several countries to focus on just...

While major European banks are competing to announce new policies limiting funding to oil and gas projects, smaller regional U.S. banks have boosted significantly their lending to...

Gold futures trade sharply lower Monday, easing back after ending last week at a record high.