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.
1,590 total articles
Oil prices were largely unchanged as persistent supply concerns in the Strait of Hormuz counterbalanced U.S. presidential remarks suggesting the conflict with Iran could end soon. Limited shipping through the strait, large cumulative regional supply losses and shifts in policy on sanctions waivers continued to influence markets, while global financ…
On April 15, the U.S. Treasury Department announced sanctions aimed at Iran's oil transportation infrastructure, naming more than two dozen individuals, companies and vessels. The action targets the shipping network tied to Mohammad Hossein Shamkhani, and includes sanctions on Seyed Naiemaei Badroddin Moosavi plus three companies alleged to be invo…
The White House says it did not request a ceasefire in the Iran war, while confirming that talks with Iranian representatives about a second round of negotiations are underway and constructive. Press secretary Karoline Leavitt indicated any future in-person meetings would likely occur in Pakistan, which officials view as the only mediator currently…
An anonymous source briefed by Tehran said Iran has proposed allowing vessels to transit the Oman side of the narrow Strait of Hormuz without facing attacks as part of negotiations with the United States. The move is presented as contingent on Washington meeting Tehran's demands, and the proposal leaves unresolved whether mines would be removed or …
Copper futures pushed to their strongest level in over a month after U.S. statements suggesting the U.S.-Iran conflict may be winding down. The move reduced immediate supply and growth concerns for the industrial metal, though major banks and trade figures point to lingering downside risks from weaker demand and a potential surplus.
U.S.-Kuwaiti journalist Ahmed Shihab-Eldin, 41, has been detained in Kuwait and has not posted publicly or been seen since March 2, the Committee to Protect Journalists says. He faces charges including spreading false information, harming national security and misusing a mobile phone. The detention comes as Gulf states report hundreds of arrests fo…
Iranian state outlets report that the National Iranian Oil Company will resume exclusive control over marketing the country's crude after several Islamic Revolutionary Guard Corps officials who managed shadow fleet operations were killed. Tehran says the move ends a long-standing intermediary system that relied on trustees and traders in Russia and…
European benchmark natural gas futures fell after statements from U.S. leadership and reports of resumed U.S.-Iran negotiations raised hopes of a de-escalation in the Middle East. The Dutch TTF front-month contract was down 3.0% to 42.00 euros per MWh by 09:54 ET (13:54 GMT), though analysts note supply-side risks from regional conflict and attacks…
The International Monetary Fund cautioned governments against blanket fuel subsidies in response to energy shortages tied to the Middle East conflict, recommending targeted, temporary cash transfers instead. IMF fiscal chief Rodrigo Valdes said allowing higher energy prices to pass through is important to prompt demand adjustment, while the fund do…
The silver market has recorded substantial stock withdrawals since 2021 and is projected to post a sixth straight yearly structural deficit in 2026. Research prepared by Metals Focus for the Silver Institute highlights both improving liquidity since last year’s squeeze and lingering risks that renewed volatility, Indian demand, and U.S. outflows co…
Global equity markets have largely returned to levels seen before the recent Middle East conflict, with U.S. indices approaching record territory and investors shifting attention back to corporate earnings and economic data as crude prices moderate. Easing geopolitical tensions, comments suggesting renewed talks with Iran and U.S. naval actions in …
Chinese authorities have begun preliminary discussions with makers of solar cell production equipment about possible limits on exports of advanced technologies to the United States, according to multiple people familiar with the consultations. No formal rule has been announced and regulators have not yet sought industry-wide feedback. If implemente…
Gold eased from a one-month high in Asian trade as traders focused on whether the United States and Iran can resume ceasefire talks before a temporary truce expires next week. A prior rally driven by prospects of more diplomacy and softer U.S. producer inflation readings gave way to modest declines in spot and futures gold, while other precious met…
A routine consignment of Austrian spruce 2x4s bound for Qatar has been rerouted around the Strait of Hormuz after regional fighting, forcing overland transfers, raising shipping surcharges and delaying delivery by months. The episode highlights wider supply-chain dislocation affecting construction materials, medicines and perishables across the Gul…
Oil futures declined for a second session as markets reacted to comments that talks between the U.S. and Iran may resume, increasing the possibility that crude and fuel flows from the Gulf could be restored. Despite the softening in prices, physical constraints and recent U.S. policy moves on sanctions leave supply risks elevated ahead of weekly U.…
Oil prices fell in Asian trade as market optimism grew around potential additional U.S.-Iran ceasefire talks and direct negotiations between Israel and Lebanon. Brent slipped to $94.40 a barrel and WTI to $87.86 by 20:48 ET (00:48 GMT), while analysts cautioned that tight supply balances remain a key support for prices amid ongoing disruptions arou…
A U.S. destroyer intercepted two oil tankers departing Iran’s Chabahar port on Tuesday and directed them to return, a U.S. official said, marking an early enforcement action after a U.S.-announced blockade intended to pressure Iran over the closure of the Strait of Hormuz. U.S. Central Command said six merchant ships followed orders to turn back, a…
The NAACP has filed suit against xAI and its subsidiary MZX Tech, accusing them of running 27 gas-fired turbines at their Colossus 2 data center in Southaven, Mississippi, without required Clean Air Act permits. Represented by Earthjustice and the Southern Environmental Law Center, the NAACP warns of potential health and air-quality impacts based o…
Suniva announced a $350 million investment to build a solar cell factory in Laurens County, South Carolina, that is expected to start production in early 2027 and open in the second quarter of 2027. The project will increase the company’s manufacturing capacity from 1 GW to 5.5 GW, create more than 550 jobs, and respond to elevated demand for Ameri…
Prime Minister Mark Carney said he will focus on lowering Canadians' cost of living, addressing the country's housing shortage and advancing major infrastructure projects after his Liberal Party secured a parliamentary majority through three recent special election wins. He announced a temporary suspension of a federal fuel tax to reduce pump price…
Two U.S. administration officials said on Tuesday that a 30-day waiver permitting certain Iranian crude shipments at sea will be allowed to expire later this week, while a U.S. blockade on shipments from Iranian ports remains in effect. The waiver, issued March 20 by the Treasury Department, had enabled roughly 140 million barrels of Iranian oil to…
Gunvor reported an 85% fall in net profit for 2025 to $104 million, a result that includes $462 million of writedowns and other impairments recorded by the incoming management team during a year in which employees completed a management buyout. The buyout left Gunvor valued at about $5 billion, with former CEO Torbjorn Tornqvist providing a loan ex…
International Energy Agency Executive Director Fatih Birol warned that the conflict involving Iran will change the structure of global energy flows, prompting countries to re-evaluate trading partners, factor in reliability and add risk premia. He compared the likely transformation to the disruptions of the 1970s and the post-2022 shift in energy i…
A sector report released Tuesday shows U.S. contract prices for renewable power rose markedly in the first quarter, with solar purchase agreements climbing 13% year-over-year and wind contracts up nearly 24%. Developers point to tariffs, labor constraints and permitting obstacles, while demand from data centers and large corporate buyers continues …
A tanker previously sanctioned by the United States for assisting Iran in evading energy restrictions sailed out of the Strait of Hormuz but then began to turn back, vessel tracking data shows. The ship, blacklisted in 2023, was being watched closely by shipowners, energy traders and investors seeking clarity on U.S. pressure tactics and potential …
