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
Chicago Board of Trade soybean futures climbed to the highest prices for the contracts amid stronger purchases of U.S. soybeans. State stockpiler activity in China, multiple USDA-confirmed private sales and a U.S. government review of higher biofuel quotas for 2027 contributed to the market move. New-crop November soybeans finished up 20 cents at $…
A new paper in the Wiley journal Sustainable Development challenges the widely held belief that robusta coffee is intrinsically better suited to withstand climate change. Aaron Davis of the Royal Botanic Gardens, Kew, who led the research, called the assumption an "internet myth" and said prior studies made methodological errors, including treating…
Ukraine's chief presidential adviser Kyrylo Budanov said technical negotiations over the war with Russia are likely to begin soon, but he warned that a rapid settlement is unlikely. He described upcoming talks as focused on preparatory, technical matters and reiterated that Kyiv will not surrender territory. Attacks on logistics, ports and energy i…
European natural gas benchmarks retreated from session highs on Friday after a multi-session rally, yet remained on course to record a third straight weekly gain. Traders pared some of the geopolitical risk premium after reports that regional mediators had opened talks to protect commercial transit through the Strait of Hormuz, but physical market …
A disagreement over whether certain cheese names are generic or reserved for European regional products has emerged as a complication in bilateral trade talks between the United States and Mexico. The row stems from a Mexico-EU deal that grants legal protections to dozens of European cheeses and may affect U.S. exporters who have long used generic …
Radiant World, a major global iron ore and base metals trading house founded by Pinkesh Nahar, is facing a wave of counterparty and banking actions after reports it submitted invalid documents to lenders. The firm denies the allegations. Multiple trading houses, banks and brokers have frozen accounts or stopped new business, and authorities in Sing…
About 45 million barrels per day of oil in 2025 came from countries affected by armed conflict, representing more than 43% of global supply. Six months after U.S. and Israeli strikes on Iran set off a major supply shock, additional disruptions from the Russia-Ukraine war, Libya, Venezuela, and shipping-area attacks have tightened fuel markets, push…
Summary: Oil prices declined on Friday, putting an end to a two-week advance. Brent fell to $89.45 a barrel and West Texas Intermediate dropped to $83.31 by 0035 GMT, leaving both benchmarks on track for weekly losses after diplomatic signals on Iran and rising tensions tied to Russia and Britain weighed on the market.
Oil futures slipped on Friday amid reports that the U.S. is close to securing long-term access to Venezuelan crude reserves and amid evolving U.S.-Iran discussions over the Strait of Hormuz. Brent fell to $89.45 a barrel and WTI to $83.39 as traders weighed potential supply changes against ongoing diplomatic conditions for Hormuz transit.
Iran is compiling conditions for allowing maritime traffic through the Strait of Hormuz after mediators asked it to specify terms. Mohsen Rezaei, secretary of the Supreme National Security Council, said ending the regional war is among Tehran's demands. Iran and Oman have agreed on a route that would pass through both countries' waters, but Iran sa…
President Donald Trump stated the United States is not engaging in talks with Iran and emphasized a policy of intensified economic pressure. White House spokeswoman Karoline Leavitt and U.S. Treasury Secretary Scott Bessent outlined an effort to squeeze Tehran financially, while questions remain about secondary sanctions and reactions from other st…
Northwest European gasoline refining margins rose to $46.74 per barrel on Thursday, their strongest reading since mid-2022, driven by a marked decline in inventories at the Amsterdam-Rotterdam-Antwerp hub. Significant barge transactions and analysts' observations on naphtha supply and export flows underscore the market’s tightening.
UBS strategists argue that commodity allocations should reach beyond energy into industrial metals, agricultural crops and gold, citing long-term demand drivers and inflation protection. The bank notes ongoing volatility in energy markets, strong El Nino odds for weather-driven crop risks, and central bank activity supporting bullion.
Nvidia again outperformed expectations with strong quarterly results, sending its shares higher as data center revenue surged year-on-year and the company flagged robust sales projections. The move lifted sentiment across AI-related stocks even as U.S. PCE inflation came in slightly hotter than forecasts ahead of the Federal Reserve’s Jackson Hole …
Six months into the conflict involving Iran, the collective clout of OPEC and its allied producers has diminished. War-related disruptions have curtailed exports through the Strait of Hormuz and damaged energy infrastructure in multiple member states, reducing the alliance's share of global oil output and limiting its ability to move markets. At th…
Oil futures fell for a fourth to fifth consecutive session as reports that Iran and Oman are finalizing an agreement on the Strait of Hormuz, and renewed diplomatic engagement by Qatar, raised hopes that Middle East supply disruptions could ease. Prices eased despite persistent concerns about diesel shortages and sharply lower distillate inventorie…
Rescue teams continued searches for hundreds reported missing after a large collapse of rock, ice and mud descended into a river on the Himalayan border between Nepal and China’s Tibet. The event unleashed destructive floods that tore through mountain towns and valleys, washing away homes, roads and power installations. Officials reported dozens of…
The White House announced a temporary expansion in the volume of lean beef trimmings allowed into the United States without an above-quota tariff, increasing the quota by 300,000 metric tons. The proclamation, signed by the president, cites beef prices that have "increased unreasonably" for consumers. The move follows partial reopening of certain s…
The president signed an executive order declaring a national emergency over perceived foreign threats from some foreign-produced bulk-power systems, banning specified foreign-made electric equipment and related software from being purchased or installed in the United States and directing the Energy Secretary to set conditions on existing equipment …
The U.S. Army has selected five contractors for the Janus microreactor program, providing up to $2.2 billion to develop and operate small, transportable nuclear reactors at military posts. The service aims to deploy the first unit by September 2028, while emphasizing regulatory compliance, commercial ambitions and cost reduction efforts as it seeks…
Senior White House officials have asked the Environmental Protection Agency to approve larger exemptions for small oil refineries from federal biofuel blending mandates. The request aims to reduce gasoline and diesel costs but could provoke strong opposition from agricultural interests in the Midwest and affect renewable identification number (RIN)…
The Energy Information Administration reported a 95,000-barrel increase in U.S. crude oil inventories for the week ending August 21, while gasoline and distillate stocks posted larger-than-expected declines. Refinery activity showed a slight reduction in crude runs alongside a small rise in utilization rates. At Cushing, Oklahoma, stocks grew subst…
A sudden wall of mud, rock and water collapsed into a border river between Nepal and China’s Tibet on Aug 26, unleashing floods that have killed at least nine people and left hundreds of travellers missing. Authorities on both sides report widespread destruction to homes, roads and power projects, and warn of the risk of a second surge as debris bl…
A renewed decline in global oil prices has provided a welcome cushion to jittery bond markets, even as uncertainty persists over crude flows through the Strait of Hormuz. Brent crude fell for a third day, dropping more than 2% to roughly $86 per barrel, and could register its largest weekly fall since June if sustained. Investors also await Nvidia'…
European natural gas benchmarks fell sharply on Wednesday, reversing gains that had pushed hubs to five-month highs. The move followed reports of progress toward a U.S.-Iran interim ceasefire and resumed talks on navigation through the Strait of Hormuz, prompting traders to unwind a geopolitical supply risk premium while global crude prices also sl…
