Commodities

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.

Articles

1,590 total articles

U.S. Re-engages with Peru Ahead of Fragmented Presidential Vote

U.S. Re-engages with Peru Ahead of Fragmented Presidential Vote

As Peru enters the first round of its presidential election with more than 30 candidates and no clear frontrunner, the United States has escalated diplomatic and security engagement to reinforce ties with a major copper and critical minerals supplier that has deepened economic links with China. The effort, led by newly appointed U.S. ambassador Ber…

Japan to Tap State Reserves Again, Releasing 20 More Days of Oil in May

Japan to Tap State Reserves Again, Releasing 20 More Days of Oil in May

The Japanese government will release an additional 20 days' worth of oil reserves beginning in early May, a follow-up measure to a March drawdown intended to address supply uncertainty arising from the war in the Middle East. The March release amounted to roughly 50 days of supply and drew on a mix of government holdings, private sector stocks and …

Zelenskiy Warns of Diplomatic and Military Strain Through Summer as Kyiv Faces Pressure Over Oil Strikes

Zelenskiy Warns of Diplomatic and Military Strain Through Summer as Kyiv Faces Pressure Over Oil Strikes

President Volodymyr Zelenskiy warned that the coming spring and summer will be a testing period for Ukraine, with expected military pressure on the battlefield and diplomatic pressure to curb operations that affect Russian oil exports. Kyiv has been asked by unnamed partners to scale back strikes on Russia’s oil sector amid a global energy spike ti…

Gold Pulls Back Ahead of U.S.-Iran Talks and U.S. CPI; Tracks for Weekly Gain

Gold Pulls Back Ahead of U.S.-Iran Talks and U.S. CPI; Tracks for Weekly Gain

Gold eased in Asian trade on Friday after reaching near three-week highs, with spot prices down 0.4% to $4,744.50 an ounce by 22:30 ET (02:30 GMT) and U.S. futures off 1% at $4,764.67. Despite the pullback, bullion was positioned for a roughly 1.5% weekly advance — the third consecutive weekly gain — supported by a fragile U.S.-Iran ceasefire and a…

Moscow Pledges Ongoing Energy Support to Cuba, Vows Not to Abandon Island

Moscow Pledges Ongoing Energy Support to Cuba, Vows Not to Abandon Island

A senior Russian diplomat told reporters in Havana that Moscow will not abandon Cuba and intends to expand its energy assistance beyond a recent delivery of crude oil. Sergei Ryabkov said Russia rejects U.S. pressure in the Western hemisphere and described Cuba's energy needs as a priority, while reiterating opposition to force and sanctions as eff…

Oil edges higher as strikes on Saudi facilities add to Strait of Hormuz risks

Oil edges higher as strikes on Saudi facilities add to Strait of Hormuz risks

Oil futures rose in early trading as attacks on Saudi energy assets and the continued effective shutdown of the Strait of Hormuz added a risk premium to markets. Prices climbed for both Brent and West Texas Intermediate amid fragile ceasefire progress and reports of substantial production and pipeline losses in Saudi Arabia, while analysts warn the…

Oil edges up as Hormuz bottlenecks persist ahead of U.S.-Iran talks

Oil edges up as Hormuz bottlenecks persist ahead of U.S.-Iran talks

Oil futures rose modestly in Asian trading as ongoing limits to tanker movements through the Strait of Hormuz and fragile diplomatic signals ahead of planned U.S.-Iran talks kept markets cautious. Brent and WTI both climbed on the session but remained on course for double-digit weekly declines after earlier swings tied to a brief ceasefire announce…

Chevron Sees $1.6B-$2.2B Q1 Upstream Earnings Lift on Iran-Linked Price Spike

Chevron Sees $1.6B-$2.2B Q1 Upstream Earnings Lift on Iran-Linked Price Spike

Chevron expects its upstream segment to record a $1.6 billion to $2.2 billion increase in earnings in the first quarter compared with the fourth quarter of 2025, citing a jump in oil and gas prices tied to volatility from the Iran war. Brent crude averaged $78.38 per barrel in Q1, and Chevron’s production is forecast to average 3.8 to 3.9 million b…

Israel Says Strike in Beirut Killed Hezbollah Leader Naim Qassem

Israel Says Strike in Beirut Killed Hezbollah Leader Naim Qassem

On April 9 Israel reported that Naim Qassem, the leader of Iran-backed Hezbollah, was killed in an overnight strike in Beirut. Hezbollah named Qassem as its leader about a month after the killing of his predecessor. The announcement, if verified by Hezbollah, would represent a significant setback for the group and for Iran, one of its principal reg…