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
Gold prices held largely steady in Asian trading, remaining close to an 11-week low as a halt to attacks between Iran and Israel reduced immediate inflation worries. Investors are instead braced for key U.S. consumer and producer inflation data due this week, which could clarify the Federal Reserve's interest-rate path.
Oil prices rose marginally in early trading after Iran and Israel agreed to pause direct strikes following a U.S. appeal, but market participants warned the truce may be temporary. Brent rose 13 cents to $94.38 a barrel and U.S. West Texas Intermediate climbed 11 cents to $91.41 at 0001 GMT. The previous session saw prices jump as much as 5% on ren…
Oil prices were largely unchanged in Asian trade as markets digested a tentative halt to strikes between Israel and Iran following an appeal from U.S. President Donald Trump. Brent edged higher while WTI held steady, with ongoing disruption to shipping through the Strait of Hormuz and scheduled OPEC+ supply increases keeping traders cautious.
Spending on nuclear arsenals by the world's nine nuclear-armed states rose by 19% in 2025 to reach $119 billion, the International Campaign to Abolish Nuclear Weapons (ICAN) reported. The United States accounted for $69.2 billion of that total and recorded the largest increase. China, Britain and Russia also increased their nuclear budgets.
A U.S. federal judge has vacated a rule issued last year that narrowed the route for wind and solar projects to secure federal tax credits, ruling the Internal Revenue Service did not adequately explain its change to the long-established construction standard. The decision returns the rule to the agency for further consideration and preserves the p…
European benchmark natural gas contracts climbed on Monday but gave back some of their earlier advances after reports that Iran and Israel halted mutual attacks. By 09:47 ET (13:47 GMT) the Dutch TTF front-month contract was up 2.1% at 49.49 euros per megawatt hour, while British futures rose 2.3% to 119.70 pence per therm. Officials and statements…
Yemen’s Houthi movement announced it would prohibit ships associated with Israel from transiting the Red Sea after Israel renewed strikes on Iran. The move amplifies concerns about global shipping and energy supplies already strained by Iran’s closure of the Strait of Hormuz and Saudi Arabia’s rerouting of crude exports to the Red Sea port of Yanbu…
A sharp selloff in semiconductor stocks late last week reverberated across global markets as tech-heavy indices fell, while a stronger-than-forecast U.S. jobs report intensified expectations for further Federal Reserve tightening. Direct missile exchanges between Iran and Israel pushed crude prices higher and added geopolitical risk to an already u…
Brazil’s long-standing advantage from cheap, abundant land and rapid acreage expansion is under strain as fertilizer prices climb following a conflict that has disrupted supply flows. Heavy dependence on imported fertilizers, degraded soils that require larger applications, and the timing of Brazil’s planting season have left many Brazilian farmers…
Gold prices slipped to a multi-week low amid a macro backdrop dominated by higher real yields, a strong U.S. dollar and evolving inflation expectations. Spot XAU/USD fell about 0.9% to trade under $4,300, while futures dropped as much as 1.2%. Analysts say the metal needs three clear catalysts - a de-escalation of the U.S.-Iran conflict, lower oil …
Two New World screwworm infestations confirmed in Texas - the first U.S. cases since the 1970s - have revived memories of past losses for longtime ranchers and prompted a mix of support and skepticism toward the U.S. Department of Agriculture's containment strategy. Officials have established a quarantine zone, increased surveillance and released s…
Iran’s Foreign Ministry spokesperson Esmaeil Baghaei warned that recent overnight exchanges of fire between Iran and Israel will exacerbate an already "chaotic diplomatic process" involving the United States. Baghaei said Tehran is communicating indirectly with Washington under conditions of "extreme suspicion," accused Israel’s actions in Lebanon …
Gold dropped to its lowest level since March 23 after U.S. jobs data reinforced expectations the Federal Reserve will keep rates higher for longer. A simultaneous rebound in oil prices, driven by renewed hostilities in the Gulf, added inflation fears that further weighed on the non-yielding precious metal.
At the St. Petersburg International Economic Forum, Rosneft CEO Igor Sechin argued that the closure of the Strait of Hormuz advantaged U.S. energy companies and posed strategic risks to global energy markets. He warned that sustained tension could weaken long-term oil demand and spur greater interest in alternative energy, while flagging vulnerabil…
A drone strike struck a passenger train in Crimea, killing the assistant driver and wounding the driver, according to a Telegram post by the peninsula's Russian-installed governor. Commuters traveling between Moscow and Simferopol were reported uninjured. Authorities also reported air-raid sirens in the Black Sea port of Novorossiysk, and recent st…
Silver is trading at $68.22 on the 1-hour chart and has fallen almost 15% over the last month. Technical indicators show a powerful downtrend - ADX at 57.3 and a red SuperTrend at $69.94 - while RSI at 23.75 signals deeply oversold conditions. Traders face setups to short into resistance and a low-confidence counter-trend long that requires a clear…
Gold is trading at $4,367.10 on the 1-hour chart after a decisive breakdown into bearish territory. Technical indicators show high conviction on the downside while short-term oscillators signal oversold conditions that could produce a fleeting relief bounce. Key levels to watch are $4,333.40 on the downside and the $4,445.60–$4,480.30 band as resis…
Oil futures surged almost 5% after Israel conducted strikes on a petrochemical facility near Mahshahr and other military targets in Iran, following Iranian missile barrages toward Israel. Brent rose to $97.44 and WTI to $94.62, reviving worries about disruptions to flows through the Strait of Hormuz and casting doubt on a recent U.S.-brokered cease…
Iran’s deputy foreign minister responded firmly to reports that the United States could make frozen Iranian assets available to Gulf states for reconstruction and compensation linked to the war. He said regional governments could not legitimately demand reparations and that any seizure or allocation of Iran’s funds without Tehran’s agreement would …
Peruvians head to the polls in a closely contested presidential run-off that could either extend the recent shift to the right across parts of Latin America or deliver a leftist victory that has unsettled investors. The contest pits conservative Keiko Fujimori against leftist Roberto Sanchez, with polls showing them in a statistical tie and markets…
Macroeconomic strains linked to the Middle East conflict and stickier-than-expected inflation have interrupted a months-long advance in precious metals by resetting expectations for monetary policy. UBS Switzerland Chief Investment Officer Michael Bolliger says higher real yields have recently pressured gold, but institutional demand and an eventua…
Rosneft CEO Igor Sechin told delegates at the St. Petersburg International Economic Forum that the closure of the Strait of Hormuz has primarily advantaged U.S. energy companies, reshaped global energy market rules in Washington’s favor, and exposed strategic vulnerabilities that could extend to other major maritime chokepoints. He also warned that…
A federal lease auction for oil and gas rights in Alaska's Arctic National Wildlife Refuge yielded $3.7 million in winning bids across five tracts, with only two participants placing nine offers for roughly 70,000 acres. The sale, the initial round of four required under recently enacted federal law, highlights limited industry interest despite geo…
Russia’s state nuclear company Rosatom reported that a Ukrainian drone deliberately hit engineers clearing mines around the Russian-held Zaporizhzhia nuclear power plant, wounding multiple personnel at the outset of a ceasefire arranged by the IAEA to repair the facility’s external power lines. The IAEA has been informed and called for military res…
US energy companies increased the combined oil and natural gas rig count for a seventh straight week, the longest run of additions since May 2022, according to Baker Hughes. The total rose by one to 563 in the week ending June 5, with oil rigs up and gas rigs down. The tally is modestly higher than a year earlier and reflects an early indicator of …
