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Oil is being propped up by Middle East tensions after the US used video to blame Iran for tanker attacks

Oil prices on Friday were pushed and pulled between competing drivers of Iran tensions and a supply glut.
Photo of the smoking tanker from the News Agency Of The (IRIB) Islamic Republic of Iran Broadcasting (iribnews)

Oil is surging after a suspected torpedo attack on 2 tankers in the Gulf of Oman

Oil prices jumped at least 3% as traders feared Middle-Eastern tensions could reduce crude supplies.

Oil just tumbled into a bear market. Here’s why Trump’s trade war is to blame.

WTI crude oil is now in a bear market, down 21% from its April high. Analysts say global growth fear is the culprit.

Oil giants are pivoting to plastic, which could backfire amid a growing crackdown

Oil producers such as Saudi Aramco are betting on plastics and chemicals during a backlash against plastic waste.

Oil is nearing its biggest weekly loss this year as demand and trade-war woes combine in a ‘recipe for disaster’

Rising US supply, weakening demand, and US-China trade fears are a "dangerous combination" and adding to trader concerns in oil markets.
Employees push a trolley laden with crates of one kilogram gold bars at the YLG Bullion International Co. headquarters in Bangkok, Thailand.

The 10 countries with the biggest piles of gold

The volume of gold bought by central banks in 2018 rose to its highest level since the end of the Gold Standard nearly a half a century ago.

Amid Brexit shambles, Citigroup sees 3 ways to profit in the ‘uninvestable’ UK

"Many investors view the UK as uninvestible. We get it," says Citi analysts, who nevertheless found domestic stocks, commodities, and debt in the UK.

Newmont Mining rejects Barrick Gold’s $17.8 billion hostile-takeover bid

Newmont Mining rejected Barrick Gold's hostile takeover bid on Monday. The merger of the two would have created the world's largest gold miner.

Oil supply concerns mount as OPEC cuts output, US sanctions bite

Middle Eastern oil producers capable of filling a gap left by American energy sanctions have followed through with plans to slash production, raising concerns about global supply of heavy crude.
National Security Advisor John Bolton speaks as US Secretary of the Treasury Steven Mnuchin looks on during a briefing in the Brady Briefing Room of the White House in Washington, DC on January 28, 2019.

US sanctions on Venezuela could lead to higher gas prices

A US crackdown on foreign oil exports could lead to higher prices at the pump.