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.
824 total articles
The Kremlin said it will request clarification from the United States after Washington issued a general license to enable oil and gas exploration and production in Venezuela that explicitly bars transactions involving Russian and Chinese nationals or entities. Kremlin spokesman Dmitry Peskov highlighted Russia's investments and long-term projects i…
U.S. Secretary of Energy Chris Wright will travel to Caracas this week for a high-level, on-the-ground evaluation of Venezuela’s oil industry, following a U.S. general license authorizing exploration and production. The trip includes planned meetings with government officials and executives from companies such as Chevron and Repsol, a site visit to…
Taiwan's Economy Ministry will dispatch its Geological Survey and Mining Management Agency to the United States to inspect rare earth deposits, evaluating which elements they contain and whether they meet Taipei's needs. The move aims to enable Taiwan to refine imported material on-island and expand domestic refining capacity to meet up to half of …
Oil futures climbed in Asian trading as markets weighed ongoing uncertainty in U.S.-Iran relations and the potential for higher Chinese travel-related fuel consumption during an extended Lunar New Year holiday. A softer dollar and anticipation of U.S. economic data provided additional support, while geopolitical developments kept a risk premium in …
Gold and silver gained in early Asian trading after U.S. retail sales for December came in softer than expected, boosting speculation that economic momentum is easing. Markets are looking to upcoming nonfarm payrolls for clearer signals on the labor market and potential Federal Reserve policy shifts. Despite the uptick, metals remain volatile and r…
Oil markets held a steady course as talks between the United States and Iran continued to shape sentiment, while traders awaited weekly U.S. inventory figures. Brent and U.S. crude both rose modestly, supported by lingering geopolitical uncertainty tied to diplomatic engagement and potential military deployments in the Middle East.
The White House said on Tuesday that President Donald Trump will formally rescind the 2009 federal finding on greenhouse gases at an event on Thursday, joined by Environmental Protection Agency administrator Lee Zeldin. The administration, which proposed the move in July, describes the action as a significant rollback aimed at easing regulations on…
The U.S. Energy Information Administration projects continued increases in electricity consumption in 2026 and 2027, following a record-setting 2025. Rising demand is linked to data centers supporting AI and cryptocurrency operations as well as greater residential and commercial electrification. The EIA also forecasts modest shifts in generation sh…
Canadian Prime Minister Mark Carney told reporters that a diplomatic disagreement over the $4.7 billion Gordie Howe International Bridge will be resolved after U.S. President Donald Trump threatened to prevent the new crossing from opening. Carney said he discussed the bridge and other issues with Trump and emphasized that ownership is shared betwe…
The U.S. Energy Information Administration has raised its near-term natural gas price forecast after January’s sharp price spike and the largest weekly storage withdrawal on record, while lowering its outlook for prices in 2026-27 and revising forecasts for coal and oil consumption and production patterns.
Management at the PCK Schwedt refinery, controlled by Rosneft, has privately told German authorities that U.S. sanctions are damaging its operations and jeopardizing fuel supplies to Berlin, Brandenburg and eastern Germany. In a January letter to Economy and Energy Minister Katherina Reiche the refinery described escalating operational restrictions…
Codelco's El Teniente mine will see reduced copper output for roughly the next five years, the mine head said on Tuesday. Production is expected to be about 301,000 metric tons this year, and a section of the mine remains closed following a collapse that killed several workers. Company officials say study results will guide attempts to recover mine…
The U.S. Department of Agriculture is confronting intensified skepticism from farmers, grain traders and commodity analysts after a substantial upward revision to its corn acreage estimates and widely reported staff reductions. The agency’s January final figures showed harvested corn acres and plantings materially higher than its June estimates, pr…
Colombian flower growers shipped tens of thousands of tonnes of roses to the United States for Valentine’s Day, but an ongoing 10% tariff, a stronger peso and a significant minimum wage increase are compressing margins for the country’s exporters. Industry leaders warn that without a change in these economic pressures the sector could see job losse…
Oil prices dipped in Asian trading as investors tempered a prior session rally while monitoring renewed friction between the U.S. and Iran and awaiting key economic data from the United States and China. Brent and WTI slipped marginally, supported earlier by a softer dollar but pressured by caution over geopolitical developments and imminent U.S. p…
Oil prices slipped modestly on Tuesday as market participants assessed the potential for supply interruptions following U.S. guidance for commercial vessels transiting the Strait of Hormuz. Brent and U.S. West Texas Intermediate futures each fell about 0.4% by early GMT trading, after a rally the previous day linked to U.S. advisories. Additional d…
Gold and other precious metals fell again on Tuesday as markets continued to wobble following last Friday’s sharp rout. Traders are shifting attention to a busy week of U.S. economic data for clues on the Federal Reserve’s policy path, while central bank demand and geopolitical developments continue to influence safe-haven flows.
Saudi Arabia’s $925 billion Public Investment Fund is poised to roll out a new 2026-2030 strategy that refocuses investment away from some high‑cost, futuristic developments toward industry, minerals, renewable energy, AI and tourism, sources with direct knowledge said. The plan, soft-launched to investors this week in Riyadh, reflects fiscal press…
The U.S. Department of Transportation’s Maritime Administration has published updated guidance for U.S.-flagged commercial vessels transiting the Strait of Hormuz, advising crews to stay as far from Iran’s territorial waters as navigational safety allows and to verbally refuse permission for Iranian boardings while instructing crews not to resist i…
The U.N. rights chief told the U.N. Human Rights Council that drone strikes by both Sudan’s armed forces and RSF paramilitaries continue to cause civilian deaths and injuries in Greater Kordofan, even after the army said it ended long sieges on two southern cities. His office has recorded over 90 civilian fatalities and 142 injuries from strikes be…
Cuba issued a Notice to Aviation (NOTAM) warning that jet fuel will be unavailable on the island from February 10 through March 11. The announcement follows an earlier government rationing plan and comes as shipments from Venezuela have stopped since mid-December amid U.S. actions aimed at restricting Caracas' exports. Airlines operating to Havana …
Asian equities climbed after Japan's ruling party secured a decisive parliamentary majority, lifting the Nikkei to a record high. Global investors took a cautiously positive stance as Wall Street futures held steady following a chipmaker-led rebound. Attention now turns to a slate of U.S. economic releases this week, including a delayed January job…
Gold rose almost 1% on Monday, building on a roughly 4% jump on Friday, while silver advanced close to 5% after an almost 10% surge the prior trading day. The gains come as market participants wait for delayed U.S. jobs and inflation reports that could influence the Federal Reserve's policy outlook amid broader market uncertainty.
An interim India-US trade framework outlines reduced trade barriers for specific farm goods, duty concessions and tariff-rate quotas intended to shield domestic producers. The measures could lower feed costs for the poultry sector and boost some exporters, while exerting pressure on oilseed processors, soybean growers and ethanol producers already …
The Kremlin described Cuba's fuel situation as critical and attributed many of the island's difficulties to U.S. measures aimed at restricting oil supplies. Moscow says it is in intensive contact with Havana and is exploring ways to assist, while Cuba has announced plans to protect essential services and ration fuel amid the deepening crisis.
