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
European natural gas benchmark prices fell on Monday, tracking a decline in oil as reports suggested Washington and Tehran may be close to a framework agreement that would reopen the Strait of Hormuz. The move sent the Dutch TTF front-month contract lower, while analysts cautioned that both sides have signaled the path to a formal deal remains unce…
Former U.S. President Donald Trump called for a group of countries including Qatar, Pakistan, Egypt, Jordan and Turkey to join the Abraham Accords en masse as a condition tied to reaching an agreement with Iran. Trump said he spoke with leaders of those nations as well as Saudi Arabia and Bahrain, and that negotiations with Iran were "proceeding ni…
Iranian officials say they have reached conclusions on many items in a possible 14-point memorandum of understanding aimed at halting the Middle East war, but key obstacles remain. The draft framework would trade an end to fighting and a U.S. naval blockade for Tehran taking measures to ensure safe passage through the Strait of Hormuz, while negoti…
The Asian Development Bank (ADB) has committed $5 billion in support to Bangladesh across the next five years, backing the Integrated Growth Network Development Initiative to improve connectivity, spur investment and foster more balanced regional development. The announcement, made during ADB President Masato Kanda's visit to Dhaka where he met Pri…
Faced with shipping constraints in the Strait of Hormuz as a result of the Israeli-U.S. war on Iran, Indian refiners have increased crude imports from Venezuela, Brazil, Angola and Nigeria while maintaining purchases from Russia. April data show stable overall imports but notable shifts in supplier shares, with the UAE and Saudi Arabia providing pi…
Myanmar’s armed forces, under new chief Ye Win Oo, have stepped up offensives across several border regions including Kachin State - home to significant heavy rare-earth deposits - as well as Chin and Karen states, aiming to regain control of strategic towns, trade gates and transport arteries lost to ethnic armed groups since the 2021 coup. Rebel …
Gold prices climbed sharply in early Asian trading after weekend developments increased expectations of a U.S.-Iran peace framework. A weaker dollar and lower U.S. Treasury yields supported the rally in bullion, while silver and platinum also advanced. Reports suggested a potential agreement could extend the ceasefire and reopen the Strait of Hormu…
Colombian presidential hopefuls drew large crowds as they completed campaign tours ahead of a May 31 vote. Leftist Ivan Cepeda led a final poll narrowly but was forecast to lose in a potential June 21 runoff against either right-leaning rival. Rival candidates Abelardo De La Espriella and Paloma Valencia emphasized tougher security and conservative…
Oil prices declined sharply in early Asian trading on Monday after reports that a memorandum of understanding between the United States and Iran was largely negotiated. Brent futures slipped beneath the $100-per-barrel mark while U.S. crude also posted a steep drop. Despite signs of diplomatic movement, constrained tanker traffic through the Strait…
On May 24 U.S. lawmakers appearing on Sunday television programs expressed sharply divided views on the publicly reported contours of an agreement being negotiated by President Donald Trump to end the Iran war. Republicans largely praised the administration's approach and promised enforceable terms, while Democrats dismissed the reported outlines a…
Local authorities in Shanxi province have revised the death toll from a gas explosion at the Liushenyu coal mine to 82, saying an initial higher figure resulted from confusion at the scene. The blast left two people unaccounted for, 128 injured and 35 unhurt. All four mines owned by the operator have been shut and executives detained as an investig…
U.S. and Iranian officials are reportedly close to finalizing a draft pact that would extend a ceasefire for 60 days. Under the proposed terms, the Strait of Hormuz would be reopened with no tolls, Iran would clear mines to permit free passage, and Tehran would be allowed to resume oil sales as sanctions relief and negotiations on its nuclear activ…
U.S. President Donald Trump said a memorandum of understanding on ending the conflict with Iran is "largely negotiated" and indicated the deal would reopen the Strait of Hormuz. Iranian state-linked media pushed back, saying Trump’s claim about the strait was "inconsistent with reality." Pakistani officials involved in mediation reported encouragin…
A final pre-election AtlasIntel poll shows leftist Ivan Cepeda retaining a narrow lead in first-round voting intention, while right-wing businessman Abelardo De La Espriella has gained momentum and is projected to defeat Cepeda in a head-to-head runoff. The survey also indicates Paloma Valencia remains third but could outperform Cepeda in a potenti…
President Donald Trump told CBS News negotiators for the United States and Iran were getting closer to a pact intended to halt the war. He said any final agreement would block Iran from obtaining a nuclear weapon and ensure its enriched uranium is properly managed. Separately, in an Axios interview he warned he could resume military action if a sat…
Iran, the United States and Pakistan said they have made progress in mediated discussions aimed at ending nearly three months of conflict. Meetings in Tehran between Iranian negotiators and Pakistan's army chief, and public statements from U.S. and Iranian officials, indicate narrowing differences on a memorandum of understanding centered on a 14-p…
Iran’s Parliament Speaker Mohammad Baqer Qalibaf told Pakistan’s army chief during talks in Tehran that Iran will not yield on its national rights and accused the United States of lacking honesty in negotiations. Pakistani mediation has sought to bridge differences after weeks of fighting that have left the Strait of Hormuz closed to most shipping …
Chicago Board of Trade soybean futures rose modestly as market participants covered short positions and adjusted portfolios ahead of the U.S. Memorial Day holiday weekend. Gains were contained by favorable Midwest crop weather forecasts, while government and private export updates showed U.S. soymeal and soybean sales in line with market expectatio…
Corn futures on the Chicago Board of Trade ended higher on Friday as market participants covered short positions and rebalanced portfolios ahead of the Memorial Day holiday. The U.S. Department of Agriculture reported elevated export sales for both old- and new-crop corn, and the Commodity Weather Group projected Midwest showers that could aid crop…
U.S. energy companies increased the number of active oil and natural gas rigs for the fifth straight week, lifting the total rig count to 558 in the week ending May 22, according to Baker Hughes. The gain was driven by a jump in oil rigs, while natural gas rigs fell. The current total remains slightly below last year’s level and follows multi-year …
Trafigura moved several hundred million dollars' worth of copper out of London Metal Exchange warehouses in the United States and Asia after opportunities to profit from higher New York Comex prices emerged. The trading house led orders to withdraw over 51,000 tonnes on Friday, the largest single-day removals on the LME since 2013, highlighting ren…
Speaking after a NATO ministers meeting in Sweden, Secretary of State Marco Rubio said the United States has observed limited progress in talks with Iran and is maintaining continuous contact with Pakistani mediators. Rubio emphasized that significant issues remain - including Iran's nuclear capabilities, future uranium enrichment and the reopening…
European benchmark gas contracts fell on Friday as markets weighed mixed signals from talks aimed at ending the Iran conflict and forecasts for a gradual return of Norwegian supply following maintenance. Prices were lower across major hubs, even as analysts cautioned that storage deficits and the continued closure of the Strait of Hormuz keep upsid…
The United Arab Emirates has formally withdrawn from the Organization of the Petroleum Exporting Countries, concluding a multi-year review that weighed the prospect of a declining oil era against the need to monetize existing production capacity. A senior presidential adviser said the move allows the UAE to raise output and channel proceeds into ot…
Global sovereign bond yields climbed sharply as the ongoing energy disruption tied to Gulf tensions pushed oil prices higher and revived inflation and rate-hike concerns. Equities showed resilience later in the week, led by chipmakers and AI-related names, but the market faces near-term pressure from the possibility of disrupted fuel flows through …
