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
Following a framework agreement involving U.S. President Donald Trump on Greenland, NATO Secretary General Mark Rutte has indicated that the alliance must increase its focus on Arctic security. The operational specifics are to be worked through by NATO's senior commanders, with initial results anticipated by early 2026. Discussions on resource expl…
Oil prices declined modestly Thursday following a softening of tariff threats linked to Greenland and growing U.S. crude stockpiles. Despite recent supply concerns stemming from halted output in Kazakhstan's oilfields, market participants are weighing a complex backdrop of supply disruptions, inventory builds, and upward revisions to global demand …
Oil prices declined on Thursday, reversing gains from earlier sessions as easing geopolitical tensions and increased crude inventories affected market sentiment. U.S. President Donald Trump's decision to pull back on tariff threats towards European allies and his softened stance on potential military action in Iran reduced risk premiums. Supply int…
Two oil tankers confiscated by the United States during its enforcement campaign against Venezuelan oil shipments have been identified near Puerto Rico, marking the first observations since their seizure. The vessels, the M Sophia and Galileo, are part of a broader group of seven tankers detained recently. While exact plans remain undisclosed, the …
Gold prices experienced a modest decline after reaching historic highs near $4,900 per ounce, influenced by robust U.S. economic data and easing geopolitical tensions following President Trump's signals of a resolution regarding Greenland. Despite the pullback, forecasts anticipate continued strength in gold markets driven by private sector demand …
Valero Energy Corp has acquired a shipment of Venezuelan crude oil via trading house Vitol under a new U.S. deal permitting imports of up to 50 million barrels from Venezuela. This transaction represents the first such purchase from authorized trading firms this month and marks a change from previous supply routes through Chevron, the Venezuelan st…
The U.S. Department of Energy plans to invite U.S. states to express interest in agreements for hosting underground nuclear waste repositories. These agreements, expected to include incentives for constructing nuclear reactors, mark a significant policy departure from prior centralized storage plans. The initiative aligns with the administration's …
Copper prices experienced an uptick following a prior session's sharp drop, driven by constrained inventories outside the U.S. However, questions remain about the durability of demand amid geopolitical risks and shifting Chinese consumption patterns. Other base metals showed mixed movements, with tin and nickel advancing significantly.
The International Energy Agency forecasts a significant surplus in the world oil market during the first quarter of 2026, largely driven by higher production outputs from OPEC+, the U.S., and other producers. Despite geopolitical risks, such as tensions involving Iran and Venezuela, excess supply continues to dominate, with a projected surplus of 4…
Global investors are closely watching the evolving situation as U.S. President Donald Trump arrives in Davos amid escalating trade tensions between the U.S. and Europe, driven by disputes over Greenland and tariff threats. Market volatility has eased from earlier sell-offs, but concerns remain about rising Treasury yields and the implications of po…
Residents of Kyiv are enduring severe hardships this winter as Russian missile and drone attacks focus on crippling Ukraine's energy infrastructure, leading to extended power and heating disruptions amid freezing temperatures. The capital is experiencing unprecedented challenges, including water shortages, prolonged blackouts, and impaired heating …
The International Energy Agency has revised its 2026 oil demand growth forecast upward to 930,000 barrels per day, reflecting a stronger anticipated consumption trend compared to earlier estimates. Simultaneously, global oil supply is expected to grow slightly more than previously predicted, reaching 2.5 million barrels per day. Despite these incre…
Global liquefied natural gas (LNG) supply is projected to increase substantially starting in 2026, driven by key projects primarily in the U.S. and Qatar. This anticipated growth in supply is set to alleviate recent tight market conditions, reduce LNG prices, and stimulate stronger demand from major importers such as China, India, and Europe. Analy…
Oil prices experienced a decline following heightened geopolitical concerns related to U.S. President Donald Trump's move to acquire Greenland, which overshadowed a bullish update from the International Energy Agency (IEA) on oil demand forecasts. Brent and WTI crude futures dropped slightly after gains the previous day, influenced by apprehensions…
Gold prices ascended to unprecedented levels on Wednesday, surpassing $4,800 per ounce, fueled by escalating geopolitical discord surrounding Greenland and renewed trade tensions between the US and Europe. The rally reflects investors' growing preference for safe-haven assets against a backdrop of trade uncertainty and currency fluctuations.
Halliburton Corp. has posted a job board listing aimed at attracting engineers, technicians, and recent graduates for potential roles in Venezuela, signaling a possible reentry into the country after a 2020 exit due to U.S. sanctions. This recruitment effort follows recent U.S. government actions related to Venezuela's oil industry, including Presi…
Crude oil prices experienced modest gains as supply interruptions in Kazakhstan and continued sluggishness in Venezuelan crude exports reinforce expectations of tighter markets. Brent crude increased by 0.5%, reaching $65.24 a barrel, while U.S. West Texas Intermediate (WTI) rose 0.4% to $60.62 a barrel. These movements follow recent production hal…
The U.S. military has detained a Venezuela-linked oil tanker in the Caribbean, marking the seventh such capture since the initiation of a campaign to regulate Venezuelan oil shipments. The operation reflects ongoing efforts led by U.S. President Donald Trump to enforce sanctions and control the flow of oil from Venezuela, amidst broader political t…
Kazakhstan's Tengiz oilfield, among the world's largest, continues to experience a production stoppage due to a fire at its power station, leading to suspension of export shipments and adjustments in oil output across other Kazakhstan fields. Tengizchevroil (TCO) has halted operations at Tengiz and Korolevskoye, with the outage expected to persist …
BCA Research has issued a cautionary outlook on the recent rally in silver prices, highlighting that the uptrend is largely driven by speculative forces rather than fundamental demand. Indicators point to an overbought market condition with strong retail enthusiasm and fear of missing out (FOMO) pushing prices to seemingly unsustainable levels. Des…
Natural gas futures experienced a significant increase of 25%, reaching $3.88 per MMBtu early Monday, driven by forecasts of an intense winter storm expected to elevate heating requirements across much of the United States. The sudden surge highlights the commodity's responsiveness to weather forecasts, with traders rapidly adjusting positions amid…
The Democratic Republic of Congo has forwarded a carefully vetted selection of state-owned mineral assets—including manganese, copper-cobalt, gold, and lithium projects—to U.S. officials, aiming to attract American investment under a bilateral minerals partnership. This move marks a significant step in solidifying U.S. involvement in Congo's critic…
Markets showed signs of stress as President Trump's tariff threats over Greenland heightened transatlantic tensions. European stock indices declined over 1%, U.S. equity futures weakened, and the dollar lost ground even as U.S. Treasury yields made four-month highs. Traditional safe-haven metals, including gold and silver, surged to new record leve…
Gold prices surged to new record highs on Tuesday as escalating geopolitical tensions linked to the U.S. administration's stance on Greenland prompted investors to seek safe-haven assets. The ongoing uncertainty led to increased demand for gold and silver, pushing prices upward alongside a weakening U.S. dollar. This shift in investor behavior come…
Oil prices inched upward driven by better-than-expected Chinese fourth-quarter GDP growth and robust refinery output, while investor caution prevails due to escalating trade threat tensions from the U.S. over Greenland. Anticipation also builds around upcoming International Energy Agency and U.S. inventory reports.
