Commodity news, Oil & Gold News
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OPEC+ approves a new increase in oil production starting from August
The seven member countries of the OPEC+ alliance have decided to increase oil production levels by 188,000 barrels per day starting from August 2026, as part of the gradual implementation of the additional..
Sunday 05 July 2026 03:07pm | Source: ArabicTrader -
Oil prices decline as the risks in the Strait of Hormuz recede and talks with..
Key Points: Oil prices continue to decline for the third consecutive session as geopolitical risk premiums retreat. Brent crude fell to $70.70 and US crude to $68.15, at their lowest levels since..
Thursday 02 July 2026 10:48am | Source: ArabicTrader -
Aramco accelerates oil shipments to Asia through spot pricing
Five giant oil tankers carrying about 10 million barrels of Saudi crude left Ras Tanura port through the Strait of Hormuz, as Aramco intensified its oil shipping operations to Asian markets, coinciding..
Thursday 02 July 2026 10:15am | Source: ArabicTrader -
New American Warning to Iran Regarding Strait of Hormuz Fees
The United States informed Iran, during the latest round of indirect negotiations held in the Qatari capital, Doha, that any attempt to impose tolls on ships transiting through the Strait of Hormuz would..
Thursday 02 July 2026 09:41am | Source: ArabicTrader -
Why did gold prices rise today? The key drivers of the markets
Key Points Gold prices today rose by more than 1% as fears of tightening U.S. monetary policy eased. The drop in oil prices and the weakness of the dollar index boosted demand for the precious..
Thursday 02 July 2026 08:36am | Source: ArabicTrader -
Trump: Oil prices are falling and gasoline will continue to decrease
U.S. President Donald Trump stated that oil prices continue to decline at a rapid pace, pointing out that gasoline prices have also begun to drop, albeit at a slower rate, expressing his expectation that..
Thursday 02 July 2026 08:00am | Source: ArabicTrader -
Gold prices today in Saudi Arabia have decreased with 21-carat recording 421..
Gold prices in Saudi Arabia declined today during Wednesday’s trading, coinciding with a drop in the prices of the yellow metal in global markets, amid ongoing pressures resulting from the strength of..
Wednesday 01 July 2026 09:20am | Source: ArabicTrader -
The Strait of Hormuz is in the spotlight after a new Omani proposal to impose..
A report from The New York Times revealed that Oman has proposed to the United States the organization of tolls for ships transiting the Strait of Hormuz, in a move that comes as part of discussions regarding..
Tuesday 30 June 2026 02:59pm | Source: ArabicTrader -
Shell, the giant company, expects strong growth in the liquefied natural gas..
Shell has predicted that global demand for liquefied natural gas (LNG) will rise to around 700 million tons annually by 2050, an increase of nearly 65% compared to 2025, as countries move towards enhancing..
Tuesday 30 June 2026 10:01am | Source: ArabicTrader -
Gold prices today in Saudi Arabia have fallen across all carats with 24-carat..
Gold prices in Saudi Arabia saw a decline today during trading on Monday, coinciding with a drop in the prices of the yellow metal in global markets, where the ounce fell to around $4,060, amidst geopolitical..
Monday 29 June 2026 07:45am | Source: ArabicTrader -
The United States launches new strikes Trump issues a serious warning to Iran
US President Donald Trump warned Iran today against resuming combat operations, stating that Tehran "will no longer exist" if conflict breaks out again, marking a new escalation in American rhetoric regarding..
Sunday 28 June 2026 02:57pm | Source: ArabicTrader -
Gold prices today in Saudi Arabia.. Learn about the prices of different karats
Gold prices in Saudi Arabia have remained stable today during Sunday trading, coinciding with the global markets' closure, after the yellow metal recorded gains at the end of last week supported by a decline..
Sunday 28 June 2026 02:50pm | Source: ArabicTrader -
Gold prices in Saudi Arabia today rise 21 carat registers 431 riyals
Gold prices in Saudi Arabia have risen today during Friday's trading, supported by gains in the yellow metal in global markets, as investors continue to seek safe havens and await developments in monetary..
Friday 26 June 2026 06:36pm | Source: ArabicTrader -
The Strait of Hormuz at the center of tension Iran denies reports of a communication..
The spokesman for the Iranian Revolutionary Guard, Sardar Mohri, confirmed that the Strait of Hormuz is considered "Iranian territory," emphasizing that "the United States has no relation to it," in statements..
Friday 26 June 2026 06:15pm | Source: ArabicTrader -
The Iranian Revolutionary Guard warns oil tankers near the Strait of Hormuz
Iran's state television announced that three foreign oil tankers attempted to cross the Strait of Hormuz "without permission" early Friday, while the Iranian Revolutionary Guard Navy confirmed that it..
Friday 26 June 2026 02:25pm | Source: ArabicTrader
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