194 articles
The world has plenty of oil. Yet prices keep climbing, and JPMorgan says the problem is now at sea. There are simply too few available tankers to move all that…
Crude oil price held steady on Friday, with Brent ending the week at $104.5 and the West Texas Intermediate (WTI) hitting $93. Brent has jumped by nearly 10% from its…
Veteran trader Peter Brandt has warned that gold price could face a sharp decline after spotting a bearish pattern on its weekly chart. The pattern, known as head-and-shoulders, often appears…
President Donald Trump said Russia agreed to ship 4.8 million tons of Russian diesel to US and global buyers after a call with Vladimir Putin on Thursday. Russia’s own ban…
The weekly Baker Hughes rig count shows: Total Rigs 603 vs 598 last week Oil rigs 462 vs 456 last week Nat Gas rigs 132 vs 133 last week. For…
Last Friday’s G7 pledge to release 100 million barrels of crude and diesel from emergency stocks over four months looked like a forceful response to record diesel prices. JPMorgan’s commodities…
Gold crossed the $4,200-an-ounce mark briefly on Friday before giving up some gains, while silver climbed above $60 as easing Treasury yields and a retreat in oil prices supported precious…
The best-performing ETF of 2026 tracks supertanker freight, not stocks. The Breakwave Tanker Shipping ETF (BWET) closed at a record $1,012.75 on October 8, up 5,157% this year. Oddly, its…
