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.
2,522 total articles
Mediators have established communication channels to defuse incidents and technical teams from Iran and the United States are expected to meet in Doha soon to work on implementing a 14-point interim memorandum of understanding signed on June 17. The agreement — which calls for a ceasefire and reopening of the Strait of Hormuz — faces fresh strains …
Fresh U.S. strikes on Iran over attacks on Gulf shipping rattled markets over the weekend, but a subsequent agreement to halt hostilities and reopen peace talks limited oil market reaction. Brent crude stayed below $73 a barrel after last week's more than 10% decline. Tech stocks and currency markets remained volatile, with the dollar poised for it…
New York has launched a $30 million aid initiative to offset the impact of federal tariffs on state agricultural producers. The program will offer direct payments beginning at $1,000 and allow eligible farmers to apply for assistance up to $25,000, covering dairy, livestock, specialty crops and aquaculture operations.
European wholesale natural gas prices rose over 1% on Monday, reflecting renewed geopolitical tensions in the Middle East and forecasts for hotter-than-normal summer weather in southern Europe that may bolster gas-fired power demand. The Dutch front-month contract gained 1.6% to 41.38 euros per megawatt-hour, while the British contract rose 1.6% to…
Silver is trading at $58.45 on the 4-hour timeframe and remains entrenched in a pronounced downtrend. Year-to-date losses approach 19% and the metal sits more than 50% below its January record high. Short-term momentum hints at a tentative bounce, but technical structure and waning volume favor further downside unless price can close convincingly a…
On the 4-hour chart, gold is trading at $4,073.72 and is contained between firm support at $4,050 and resistance clustered at $4,135–$4,165. Technical indicators point to a short-term bullish attempt amid a prevailing downtrend. Key levels, trade setups for both sides, and specific invalidation thresholds provide a structured framework for managing…
Gold prices fell in Asian trading after fresh U.S.-Iran strikes rekindled uncertainty over inflation and interest-rate expectations. The drop occurred even after reports that both sides had agreed to pause attacks and would meet for further talks. Persistent pressure from a strong dollar and elevated Treasury yields, coupled with firm U.S. inflatio…
Oil prices rose in early Asian trading following a weekend escalation in strikes between the U.S. and Iran that cast uncertainty over a nascent interim peace. Brent climbed modestly after recovering from a four-month low, while reports that both sides would meet in Qatar limited further gains. Supply improvements, including flows through the Strait…
Skyrocketing retail power prices and falling equipment costs have prompted a large-scale move to rooftop solar in the Philippines. Households and small businesses are accelerating purchases, driving record panel imports and pressuring installers and supply chains even as high upfront costs and credit access limit adoption for many.
A severe heatwave that began on June 20 pushed temperatures to 40C in parts of Europe while storms moved into other regions, contributing to travel and power disruptions. French authorities reported around 1,000 excess deaths tied to the heat, mainly among older people, and cautioned the toll could increase as more information from care homes and p…
Thousands of demonstrators were expected in Kraljevo a day after President Aleksandar Vucic said he would step down, opening the door to early presidential and parliamentary elections. The student-led protests, triggered by the late-2024 collapse of a concrete awning at a Novi Sad railway station that killed 16 people, have become a focal point for…
A helicopter owned by Saudi Aramco crashed at 6 a.m. local time in Ras Tanura on the kingdom's eastern coast, killing 14 nationals. The state news agency said the cause is unknown and that a full investigation has been launched. The crash comes days after Aramco restarted crude loadings at Ras Tanura following an almost four-month stoppage.
Mexican and U.S. officials on Saturday inaugurated a sterile fly production plant in Metapa de Dominguez, Chiapas, a joint project costing over $50 million that will eventually produce up to 100 million sterile flies per week. The facility is part of a cross-border response to a New World screwworm outbreak that began in Mexico in November 2024 and…
President Aleksandar Vucic said he will resign within weeks and has called for early presidential and parliamentary elections. His announcement follows a year-and-a-half of student-led anti-corruption demonstrations triggered by a fatal awning collapse in Novi Sad that killed 16 people. Vucic said he will support his Serbian Progressive Party in th…
Hezbollah deputy leader Naim Qassem on Saturday declared null and void a U.S.-brokered security framework agreed between Lebanon and Israel the previous day, calling the deal a surrender to Israel. The rejection comes amid ongoing hostilities in southern Lebanon, including an Israeli drone strike on Nabatieh al-Fawqa, and against the backdrop of wi…
Lithium prices have rebounded sharply in 2026 from mid-2025 lows, and Bernstein argues the recovery is likely to extend into 2027. With inventories drawn down and supply growth lagging demand - particularly from energy storage systems - the brokerage raised its near-term price forecasts and sees a greater probability of peak pricing arriving nearer…
Israeli and Lebanese officials said a framework agreement is expected to be signed in Washington after several days of U.S.-mediated negotiations intended to halt fighting between Israel and Iran-backed Hezbollah. Officials provided no specifics on the content of the framework or how it would differ from a ceasefire agreement reached on April 16 th…
Summary: U.S. ultra-low sulfur diesel refining economics remain robust, with the diesel futures crack spread settling at $62.84 a barrel on Thursday - the highest level since June 3. Market participants say supply tightness for diesel is set to continue even after a preliminary agreement to end the Iran war and reopen the Strait of Hormuz. Tight di…
London cocoa futures fell 2.8% to 3,821 per tonne on Friday, pulling back from a five-month high of 4,014 reached on Thursday. New York futures dropped 2.5% to $5,113 per tonne. Rabobank said the market was reacting to the shift toward an active El Nif1o event, easing geopolitical tensions in the Middle East, and a slow start to West Africas 202…
Robusta coffee prices eased 0.2% to $3,654 per ton on Friday after reaching a three-month high of $3,692 on Thursday. Rabobank warned El Niño could lift robusta prices by creating hotter, drier conditions in Southeast Asia and India. Arabica fell 1.5% to $2.7215 per pound from a near six-week high of $2.8480 per pound, with recent El Niño-linked ra…
A fall in global oil prices following a fragile truce between the United States and Iran has reduced short-term inflationary pressure in many emerging economies. Analysts warn, however, that months of elevated energy costs have already strained household budgets and that lower wholesale prices will take time to reach consumers. Governments face har…
UBS has cut its crude oil price forecasts following a roughly $15 per barrel drop in Brent in the 10 days after a U.S.-Iran memorandum of understanding, with Brent sliding below $73 a barrel. The bank says the immediate weakness reflects a surge of supply from previously stranded tankers and strategic reserve draws, but expects a rebound in coming …
U.S. solar developers have hurried to secure federal tax credits before a July 4 deadline, creating a pipeline of projects large enough to almost double current solar capacity. The accelerated phaseout of long-standing subsidies under the 2025 tax law risks lifting contract prices for wind and solar by 40% to 50% and in some Texas deals by as much …
Global markets experienced sharp swings this week as gains in AI-focused technology names met a fresh round of profit-taking and sector-wide reassessment. Early-week weakness among U.S. megacaps spilled into semiconductor stocks, with South Korea and U.S. chip indexes registering double-digit and high single-digit declines respectively. Corporate r…
European natural gas prices firmed slightly on Friday but remained close to levels not seen in two months, as the reopening of shipping through the Strait of Hormuz and indications of recovered Gulf supply offset demand upticks from a regional heatwave. Benchmark TTF traded near 40 euros per megawatt-hour while the UK contract inched up to 96.62 pe…
