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
Canadian trade officials say negotiations on separate free trade agreements with the Philippines and the Association of Southeast Asian Nations (ASEAN) have surpassed the 90% mark, with the government aiming to finalise both pacts before a scheduled high-level visit to Manila in November. Ottawa is pitching the deals as part of a wider strategy to …
Ukrainian President Volodymyr Zelenskiy will meet US President Donald Trump at the United Nations in New York to press for an energy-focused ceasefire with Russia. The talks follow intensified aerial attacks that have damaged ports, warehouses, ships and energy infrastructure and disrupted Black Sea exports. Zelenskiy has signalled diplomatic momen…
Gold prices climbed after a multi-session fall in oil trimmed some inflation worries and lowered expectations for additional Federal Reserve tightening. A weaker dollar and renewed diplomatic overtures between the U.S. and Iran further supported bullion, even as Fed officials offered conflicting views on the path for interest rates.
Canada has introduced draft legislation designed to compress the federal approval timeline for large natural resource and infrastructure projects to one year and to change the process for ministerial intervention in significant labour disputes. The measures aim to reduce permitting delays blamed for multi-year project timelines and to make it more …
Oil prices rose modestly after several days of declines as investors awaited possible U.S.-Iran discussions at the United Nations General Assembly. Brent and WTI contracts gained small amounts, with market participants and analysts characterizing the move as short-covering ahead of any diplomatic developments. Middle East tensions, attacks affectin…
South Korea will brief National Assembly lawmakers on a $350 billion investment package pledged to the United States under last year’s trade agreement. With $150 billion already allocated to shipbuilding and $200 billion of strategic investments yet to be finalised, commercial viability and profit-sharing arrangements have emerged as sticking point…
Texas Governor Greg Abbott has directed the state environmental regulator to stop issuing new permits for data centers until a comprehensive audit of facilities seeking to connect to the state's electrical grid is complete. The move halts state-level permitting amid public concerns about energy use, water consumption and tax incentives tied to a ra…
ICE canola futures advanced on Monday, supported by gains in soybean products and a weaker Canadian dollar, while adverse harvest weather in Western Canada continued to limit field operations and weigh on crop quality. Energy markets saw Brent crude ease after a relatively calm weekend in the Red Sea and reports that planned U.S. air strikes on Hou…
President Donald Trump announced that the United States is negotiating a large-scale purchase of potash from Belarus at prices he said would be substantially lower than what the U.S. currently pays Canada. The move highlights Washington's openness to alternative suppliers after sanctions were lifted, but industry analysts express skepticism about t…
Brazilian President Luiz Inacio Lula da Silva said Uruguay has authorized Brazil to use the surplus portion of Uruguay’s beef export quota to China. The announcement followed a meeting in New York with Uruguay’s president, Yamandu Orsi. The move comes as China enforces added tariffs on out-of-quota beef and Brazil faces quota pressure and export re…
Diesel prices in Europe, the United States and Asia have risen to records or near-records after conflicts in Iran and Ukraine sharply reduced exports from major producers. Refining capacity is already near limits, leaving markets vulnerable to additional supply shocks and further price rises in the coming months.
Silver futures traded at $67.16, up 0.02%, as of Sep 21, 2026, 7:53 AM EDT. The metal's medium-term outlook remains constructive due to tight supply and diversified industrial demand, but the short-term direction is highly sensitive to U.S. real yields, the dollar and incoming economic data that may affect rates and demand.
Houthi forces have moved to capture key highland positions in Taiz and Lahij provinces to sever the link between the Red Sea coast and Saudi-backed areas in southern Yemen. The move follows a rapid Houthi advance this month that seized coastal territory and the Bab al-Mandeb Strait. A U.S. administration decision to call off prepared airstrikes aga…
After a week driven by central bank rate moves, global markets shift focus to a slate of high-level diplomatic meetings this week, including the United Nations General Assembly and a Thursday bilateral between the United States and China. Officials met over the weekend to set agendas on trade, artificial intelligence and geopolitics, while fresh at…
UBS has increased its palladium price projections for December 2026 and March 2027 by $200 per ounce and its June 2027 forecast by $100 per ounce, citing firmer physical market dynamics. The bank points to only a modest decline in global demand in 2025 and a broadly stable demand profile expected for 2026, supported by slower-than-anticipated reduc…
Natural Gas futures are trading in a narrow consolidation on the 5-hour chart, with the market squeezed between short-term moving average resistance and long-term support. At $2.878, the contract is positioned where chop and stop-run activity is common. Technical indicators show a mixed picture and declining volume, leaving traders to await decisiv…
Canada's minister for international trade expressed strong optimism that talks on a comprehensive economic partnership agreement (CEPA) with India can be completed by the end of the year. Officials are planning further negotiation rounds and high-level meetings, with energy and critical minerals emerging as central areas of cooperation.
Petrobras' board has approved the company's participation in a government subsidy program that will provide 1.00 real per liter for diesel for an initial 30-day period. The subsidy can be stacked on an existing 1.12 reais per liter support and may be extended for another 30 days. Petrobras maintained effective prices to distributors unchanged throu…
Crude prices dropped almost 2% in early Asian trading as signs of potential U.S.-Iran diplomacy weighed on the geopolitical risk premium. At the same time, missile and drone strikes by Yemen's Iran-backed Houthis and lingering impacts to Saudi export infrastructure sustained concerns about supply disruptions.
Europe is set to confront a substantial jet fuel deficit in the fourth quarter despite increasing imports from distant suppliers, including a surge of shipments from South Korea. Analysts and shipping-flow data show growing reliance on non-Middle Eastern sources after disruptions tied to the Iran war reduced regional supplies and removed roughly ha…
Iran’s military central command warned that any significant new assault by the United States or its regional partners would bring prolonged retaliation against US bases and interests, and that allied countries could be treated as parties to the conflict. The statement, which gave no further detail about the alleged impending strike, comes amid rece…
Canada's trade minister expressed strong confidence that a comprehensive economic partnership agreement with India can be finalised by the end of the year, with energy and critical minerals emerging as central topics of negotiation. Indian negotiators are due in Canada next month and leaders from both countries are expected to meet on the sidelines…
Alarm over advanced artificial intelligence dominated headlines early in the week as prominent industry figures urged a slowdown in model development. Market focus soon shifted to tangible economic pressures: a Federal Reserve interest rate rise and renewed disruptions to Middle East oil flows. Those developments pushed energy prices higher, sent m…
Goldman Sachs reiterated a bullish end-2027 gold target of $5,400 an ounce even after a recent Federal Reserve rate increase and expectations for another hike in October. The bank expects higher rates to temper gold's near-term gains through ETF flows, but projects three Fed cuts between September 2027 and March 2028 and no change to the terminal r…
The upcoming summit in Washington between President Donald Trump and President Xi Jinping is expected to focus heavily on commodities that have become negotiating levers in the bilateral relationship. Agriculture - especially soybeans - along with energy trade, sanctions on crude supplies and the supply of rare earths are all likely to be on the ta…
