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.
2,521 total articles
President Donald Trump criticized major oil companies in a Truth Social post, calling on them to lower gasoline prices for U.S. consumers. He directly addressed Chevron CEO Mike Wirth over comments made in a television interview, saying his administration opened opportunities for oil companies - including a return to Venezuela - and urging immediat…
European wholesale natural gas prices eased on Monday after an announcement of direct talks between U.S. and Iranian officials prompted traders to pare geopolitical risk premiums. The retreat was capped by concerns over below-average European storage levels and strong summer demand that have already tightened supply balances ahead of the winter hea…
Silver is trading in a compressed $2.50 range on the 5-hour chart, with price near $58.28 and momentum indicators signaling indecision. A decisive break below $57.00 or above $59.50, confirmed by volume and momentum, would likely define the next trend. Until such a breakout occurs, market participants face a low-conviction environment and should co…
Gold is trading in a confined range on the 5-hour chart, with the current price of $4,117.82 wedged between the 50-period moving average at $4,081.79 and the 200-period simple moving average at $4,131.51. Market structure points to consolidation rather than directional conviction, and a decisive close beyond $4,135 or under $4,080 is likely needed …
Gold climbed Monday after a sudden fall in oil prices and comments that a planned strike on Iran was delayed. The move reduced concerns that higher energy costs would sustain elevated inflation and force additional interest-rate increases. Even so, recent dissents from Federal Reserve officials and a busy U.S. labor-data calendar kept investors vig…
Global oil benchmarks fell sharply and equities showed mixed moves on Monday as renewed prospect of talks with Iran eased geopolitical risk, while the Japanese yen rallied after Washington and Tokyo confirmed joint intervention to support the currency. Brent crude dropped to $82.41 as sentiment shifted on comments about negotiations with Iran, and …
Oil prices dropped almost 5% in Asian trade, hitting their lowest level in three weeks after President Donald Trump called off a planned attack on Iran and said negotiations would resume. The fall was reinforced by OPEC+'s decision to raise production quotas, as recent regional attacks had previously pushed Brent above $90 a barrel.
OPEC+ is expected to approve a modest production quota rise of about 188,000 barrels per day from September, according to sources, after which the coalition will pause further monthly increases while it finalises capacity reviews and navigates potentially difficult quota negotiations.The step completes a phased reversal of a 1.65 million bpd cut ag…
Iran has issued stern warnings that it would respond decisively to any new U.S. military action, and Iranian-affiliated media has threatened strikes on Gulf oil and gas fields in the event of attacks on Iranian energy infrastructure. The statements follow reports of hostile drones and maritime incidents that have already affected regional security …
Tether added 14 tons of gold to its reserve holdings in the three months ending June, increasing its total to 146 tons valued at $18.8 billion, according to the company's quarterly attestation. The buying pace accelerated versus the first quarter and follows larger purchases in late 2025. The firm, issuer of USDT stablecoin, reported about $1.5 bil…
Mauricio Claver-Carone, a Miami-based businessman who has served as an influential but unofficial adviser shaping U.S. policy and commercial deals in Venezuela, has told U.S. officials he is no longer overseeing the portfolio. While he described his exit as voluntary, multiple sources say he was forced out in recent weeks. During his time in the ro…
U.S. President Donald Trump announced what he called a breakthrough roadmap for ending the Gaza war, but the plan faces immediate obstacles because the main parties disagree on sequencing. Hamas demands Israel first implement commitments tied to last year's Sharm el-Sheikh ceasefire, while Israel insists Hamas must undergo what it terms genuine dis…
On Friday the U.S. government released a final environmental impact statement outlining a proposed 10-year framework to manage Colorado River operations through 2036. The plan limits annual releases from Lake Powell, provides a range of 5 million to 12 million acre-feet, and anticipates shortages for Lower Basin states, while preserving space for i…
Oil futures rose after Iranian authorities reported stopping two vessels attempting to leave the Strait of Hormuz and turning four others back, reinforcing market anxieties about energy flows after a recent drone strike on ships at an Egyptian Mediterranean port. Shipping data shows some vessels continued to pass through the strait, while diversion…
BCA Research told clients that gold's recent decline is showing signs of exhaustion and that the tactical obstacles to higher prices are diminishing. The firm highlights real interest rates and the U.S. dollar as the primary drivers of gold, says central bank buying now offers a price floor, and recommends a long position as the worst of the pullba…
Spot premiums for Dubai crude rose on Friday as trading volumes strengthened, while premiums for Oman and Murban retreated. Trafigura emerged as the dominant bidder during the session and had been the principal buyer in the prior two trading days. Shipping through the Strait of Hormuz remained limited despite two very large crude carriers transitin…
This week exposed three core investor anxieties: whether the AI investment binge can be sustained, how the expanding conflict in the Middle East will affect energy flows, and whether recent central bank messaging has undermined monetary credibility. Semiconductor and cloud earnings produced mixed signals; a surprise regional military escalation sen…
Cuba unveiled expanded plans to permit greater private participation in targeted state-controlled industries as U.S. sanctions and an oil blockade intensify pressure on the economy. Lawmakers discussed measures to ease land-use rules, let businesses import fuel and medicine, and allow private tourist operators. Officials emphasized the changes will…
A CoBank report using USDA-compiled data found U.S. cane and beet sugar demand rose 0.6% in the first half of the 2025/26 marketing year while deliveries of high fructose corn syrup fell 3.5%, signaling a shift among consumers and food firms toward less processed sweeteners even as overall sugar consumption keeps pace with population growth.
Front-month Comex silver for August delivery advanced 92.80 cents per troy ounce on Thursday to settle at $58.815, a 1.60% increase. The move marked the largest one-day dollar and percentage gain since Wednesday, July 22, 2026, and extended a short-term rally to two consecutive sessions, with a two-day gain of $1.519, or 2.65%. Despite the uptick, …
China produced 49.7% of its electricity from coal in the first six months of 2026, marking the first time the coal share dipped below 50%. Renewables reached 41.2% of the power mix, with wind and solar comprising 24.6% of that share. Despite the shift, analysts warn coal consumption for the full year could still exceed last year’s level as demand c…
Gulf Arab states are pressing China to use its economic relationship with Iran to ensure the safe passage of oil and commercial shipping through the Strait of Hormuz and the Red Sea. Beijing has engaged diplomatically through senior envoys and ministerial contacts, but Gulf officials and analysts question how far China will go to exert pressure on …
The Federal Reserve opted to keep policy unchanged, but stronger-than-usual dissent among policymakers and a sharp rise in long-term borrowing costs have unsettled markets. The 30-year yield climbed to a 19-year high and the yield curve steepened, while oil surged amid renewed U.S.-Iran strikes and Big Tech reported mixed results with notable cash …
Oil prices retreated modestly in Asian trading after a strong rally the previous session, as traders booked profits and weighed escalating tensions involving Iran, related regional attacks and a sizable U.S. crude inventory draw that signals tighter near-term supplies. Brent and WTI both fell from multi-percent gains recorded the day before amid un…
A powerful 7.1-magnitude earthquake struck a large shopping complex in southern Japan, throwing workers to the floor and filling parts of the building with dust. Approximately one hour after the quake, an explosion ripped through the mall, causing partial collapse, exposing steel beams and flinging debris into the parking area. Rescue teams recover…
