Price movements and fundamentals across major commodities.
Analysis and reporting on commodities such as oil, natural gas, gold, industrial metals, and agricultural products. Focuses on supply-demand dynamics, geopolitical risks, inventory trends, and macro drivers affecting commodity markets.
2,875 total articles
Oil futures eased in early Asian trade after rallying the day before, as diplomatic exchanges between the United States and Iran showed scant tangible progress. Brent settled higher by 43 cents, trading at $103.51 a barrel, while West Texas Intermediate rose 35 cents to $92.51. Market participants balanced geopolitical risk tied to the Strait of Ho…
Gold prices stabilized on Thursday following a steep selloff the prior session as gains in oil, a firmer U.S. dollar and rising Treasury yields continued to exert pressure on non-yielding bullion. Strong U.S. economic data and signs of persistent inflation expectations pushed yields higher, reinforcing market bets on further Federal Reserve rate hi…
US Secretary of State Marco Rubio and Indian Foreign Minister S. Jaishankar met in New York to discuss potential measures against countries engaging economically with Russia and Iran, while India reiterated concerns about a recently enacted US sanctions bill that could trigger steep tariffs on nations importing Russian crude.
Maine's two U.S. senators have formally requested President Donald Trump to release home heating oil from the Northeast Home Heating Oil Reserve to help blunt a sharp rise in household fuel bills tied to record diesel prices. The reserve, holding about 1 million barrels across four sites, has not been used since 2012 and represents roughly 10 days …
Chicago Board of Trade soybean futures closed lower on Wednesday as market participants monitored whether Beijing would lift a 10% import duty that has blocked private Chinese purchases of U.S. soybeans ahead of a Washington meeting between Presidents Donald Trump and Xi Jinping. The USDA has not reported any sales to China this week, and analysts …
A White House official rejected a report that the United States is planning a 90-day ban on diesel exports. The denial follows steep diesel price increases tied to constrained oil and fuel deliveries, and comes as Energy Secretary Chris Wright cautioned a flat ban would be ineffective and could raise prices for other fuels.
U.S. ultra-low-sulfur diesel futures fell sharply after a report that the White House was considering a 90-day ban on diesel exports, a report the administration said was incorrect. Prices are under pressure amid inventories that sit below seasonal norms and reduced exports from major producers due to conflicts in Iran and Ukraine. Senior energy of…
US President Donald Trump held a brief discussion with Venezuela’s interim President Delcy Rodriguez about restructuring the South American country's sovereign debt, US Secretary of State Marco Rubio said. The exchange took place at a reception on the sidelines of the UN General Assembly and came during Rodriguez's first visit to the United States …
Speaking to the U.N. General Assembly, Iranian President Masoud Pezeshkian said Iran will not capitulate in its war with the United States but emphasized Tehran’s preference for diplomacy to try to end the fighting. His address drew a walkout from the U.S. delegation, and he singled out access to the Strait of Hormuz as a core grievance amid height…
U.S. Energy Secretary Chris Wright said a ban on diesel exports would be counterproductive, warning it would create storage bottlenecks, force reductions in U.S. refining and put upward pressure on gasoline and jet fuel prices. His comments contrast with President Donald Trump’s recent backing of an export ban as diesel prices have climbed to recor…
Recent price retracements in the four major precious metals present different strategic openings rather than a uniform buying opportunity. Gold is positioned as the most reliable core allocation, silver provides greater upside accompanied by sharper swings, platinum looks like a contrarian satellite, and palladium appears best left to speculative e…
Oil prices fell back below the $100 per barrel mark as reports of quiet diplomacy at the United Nations sparked hopes for a de-escalation in the Iran conflict. Markets also digested signs of earlier-than-expected Saudi pipeline reopening, stronger demand in high-yield bond issuance, renewed AI optimism lifting semiconductor stocks, and a weak US pr…
Mediated shuttle talks between Iranian and US representatives on the sidelines of the UN General Assembly have raised cautious optimism about possible progress toward ending the Middle East war. The contacts were conducted through intermediaries and did not reflect a direct meeting between delegations. Meanwhile, continued conflict and shipping dis…
Across a 360-mile stretch of South Texas, Latino voters who backed Donald Trump in 2024 are expressing frustration with rising living costs and strict immigration enforcement, creating uncertainty for Republicans who reshaped congressional districts based on last year’s results. Polling and on-the-ground interviews suggest competitive races in newl…
Oil prices moved lower as Saudi Arabia began restoring crude shipments on its East-West pipeline to the Red Sea and as US-Iran discussions in New York raised hopes for a negotiated end to the conflict. Benchmark Brent and US West Texas Intermediate futures both retreated, pressured further by a surprise build in US crude stocks.
Oil prices declined for a sixth consecutive trading session as signals of diplomatic progress between the United States and Iran, coupled with Saudi Arabia's move to resume a major pipeline, eased fears over supply disruptions. Brent and WTI both posted losses, with Brent trading below $100 after earlier weakness. Market attention remains on the St…
Mexican authorities arrested Jose Angel Rivera, known as Don Flaco, in Mexico City on Sept. 22. Officials allege he coordinated and financed a network that transported chemical precursors from China for fentanyl production, destined for Mexico and the United States. The detention was carried out in coordination with U.S. law enforcement agencies an…
President Trump signaled support for a temporary ban on U.S. diesel exports to lower domestic pump prices. Market analysts and industry groups say such a move would likely worsen global shortages, push world diesel prices higher, destabilize refinery operations and carry geopolitical costs, while any short-lived U.S. price relief would erode refini…
At a bilateral meeting at the United Nations, U.S. President Donald Trump said the United States will keep sourcing potash from Canada, noting that Belarus has significant reserves and would be willing to sell at lower prices. The proposed purchase, first mentioned by the president a day earlier, underscores the use of alternative suppliers as pote…
Bank of America analysts have lifted their Brent crude price projection for the second half of 2026 to $95 a barrel from $83, citing sustained geopolitical tensions and notable disruptions to key oil chokepoints. The bank highlights sharply reduced flows through the Strait of Hormuz, alternative route constraints, and clashes at the Bab el-Mandeb a…
A senior Iranian official said Iran could reopen the Strait of Hormuz to Gulf shipping within days if the United States removes its blockade, describing upcoming United Nations meetings as a key chance to renew diplomacy. With both presidents expected at the UN General Assembly, Tehran says its delegation has authority to restart talks and has tran…
Stocks rose at the start of the week after strong demand for Meta’s new AI assistant Muse and softer crude prices. Meta jumped more than 11% and chip names rallied, with AMD climbing to near 10% gains and reaching a $1 trillion market valuation. Oil eased below $100 a barrel after reports Iran offered to reopen the Strait of Hormuz if the US eases …
A senior Iranian official said Iran could resume normal transit through the Strait of Hormuz within seven days provided the United States eases military pressure and removes a blockade on Iranian ports. Tehran has signalled willingness to discuss terms through mediators in New York during the UN General Assembly, while its military command warned o…
South Korea and the United States are working through implementation details of a $350 billion investment package negotiated alongside tariff reductions. Several large-scale energy and nuclear projects are under discussion, including a more than 6 GW gas-fired power plant in Texas, up to eight nuclear reactors in the United States, a potential stak…
EnerVenue, a U.S.-founded battery company, has started mass production at a new factory in Changzhou, China, after cancelling an earlier plan to build its first plant in Kentucky. Company executives cite concentrated local expertise, supplier ecosystems and cost dynamics as decisive factors. The launch coincides with a high-level meeting between th…
