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
With the Iran conflict stretching into its third week and Brent crude trading above $100 a barrel, global markets are pivoting toward a packed slate of central bank meetings. Policymakers must assess the inflationary pressure from higher energy prices alongside signs of slowing growth and a softer labour market. Trade negotiations, disruptions to a…
Shell has released forecasts indicating a substantial increase in global liquefied natural gas (LNG) demand from a 2025 baseline of 422 million metric tons per annum (MTPA). The energy major expects demand to reach between 650 and 710 MTPA by 2040 and between 610 and 780 MTPA by 2050, and warns that additional supply investment will be necessary in…
A White House Office of Trade and Manufacturing Policy report contends that the perceived threat from Iran has imposed a persistent "terror premium" on global crude prices, inflating costs by an estimated $5 to $15 per barrel. The 13-page analysis argues that eliminating Tehran's ability to threaten regional energy infrastructure or shipping lanes …
Major brokerages have increased their average oil price projections for 2026 after the U.S.-Israeli conflict with Iran entered its third week and oil prices jumped over 40% this month. Market commentary highlights potential for sharply higher price ceilings if shipping through the Strait of Hormuz remains constrained, while some forecasters expect …
Japan and Australia have told the United States they do not plan to dispatch naval vessels to escort shipping through the Strait of Hormuz after President Donald Trump urged allied nations to help protect the choke point. The request comes amid an intensified U.S.-Israeli campaign against Iran that has effectively closed the strait to much of the w…
President Donald Trump has urged international partners to assist in securing the Strait of Hormuz after Iranian forces effectively closed the vital waterway, cutting off roughly a fifth of global oil shipments. Washington has said it contacted seven countries but has not named them. Responses from Japan, Australia, South Korea and Britain indicate…
Gold slipped beneath the $5,000 per ounce threshold in Asian trading as concerns about energy-driven inflation tied to the U.S.-Israel-Iran conflict persisted and investors grew cautious ahead of an upcoming Federal Reserve meeting. A stronger dollar, rising yields and trader liquidations added pressure on bullion even as geopolitical risk remained…
Senior U.S. and Chinese economic negotiators concluded extended talks in Paris aimed at producing possible 'deliverables' for a planned Xi-Trump summit in Beijing. Discussions touched on expanded Chinese purchases of U.S. agricultural goods, formal managed-trade mechanisms, and access to critical minerals and energy-related commodities. Leaders wil…
Oil prices climbed sharply in Asian trading after weekend strikes on Kharg Island and a series of retaliatory actions that have left the Strait of Hormuz effectively blocked. Brent futures briefly rose 3% before settling lower, with market attention focused on supply disruption risks and naval-security steps being readied by the U.S. administration…
Oil prices climbed further as the U.S.-Israeli military campaign against Iran entered a third week, threatening key export infrastructure and leaving the Strait of Hormuz closed. Brent and U.S. crude rose sharply, while authorities and agencies announced releases of strategic stocks and military options were discussed amid competing signals on the …
Senior U.S. and Chinese economic envoys met in Paris in talks described by participants as stable and constructive. Discussions covered expanded agricultural purchases, proposed managed-trade mechanisms, and concerns over critical minerals access, with potential proposals to be reviewed by the two presidents during a forthcoming summit in Beijing.
Israel's foreign minister has dismissed reports that the country is running critically low on ballistic missile interceptors. The denial follows media accounts citing an unnamed U.S. official and comes amid repeated missile and drone strikes from Iran and launches by Hezbollah from Lebanon. Israeli officials also addressed reports of prospective di…
A recent shake-up in shipping routes and production decisions has made Iran the decisive actor in the pace at which global oil and LNG markets can reopen. Industry letters from a major Gulf exporter, field shutdowns across the region and a closure of Qatari LNG output illustrate how attacks and counter-attacks have sidelined diplomatic and military…
Oil markets face continued upward pressure as the U.S.-Israeli conflict with Iran moves into its third week, exposing critical export facilities and keeping the Strait of Hormuz closed. Major crude benchmarks have surged sharply this month, prompting coordinated releases from strategic reserves even as diplomatic routes for de-escalation remain blo…
President Donald Trump warned of additional U.S. strikes on Kharg Island, a key Iranian oil export facility, and urged several countries to deploy warships to protect the Strait of Hormuz. Tehran pledged intensified retaliation as the conflict entered its third week, intermittently disrupting oil shipping and prompting heightened security and evacu…
Brent crude repeatedly probing the $100-per-barrel threshold amid the widening U.S.-Israel-Iran conflict has created a split economic signal for the United States. Higher prices increase consumer fuel costs and feed headline inflation, yet the U.S. role as the world's top oil producer - with output near 13.3 million barrels per day - channels part …
Japan will begin releasing a record 80 million barrels of crude from strategic reserves on March 15 to blunt the immediate supply and price shock from the U.S.-Israeli war on Iran. The measure, which will cut national reserves by 17%, includes a release of private-sector stocks and planned use of state reserves later this month. Tokyo is coordinati…
Operations at the UAE export terminal in Fujairah have resumed after a temporary halt caused by a drone strike that sparked a fire. The port, which links to a 370-kilometer pipeline enabling exports that avoid the Strait of Hormuz, began loading crude again once authorities put out flames caused by intercepted drone debris. The incident highlights …
Indonesia's fiscal position is under renewed strain as conflict in the Persian Gulf drives crude toward $100 per barrel while the annual Eid Al-Fitr migration approaches. Officials and analysts warn that existing fuel price caps and low domestic fuel stocks, combined with a forecasted 12% increase in gasoline consumption for the holiday period, cou…
SLB expects a modest but tangible hit to first-quarter earnings per share as conflict in the Middle East curtails flows through the Strait of Hormuz and forces output reductions across several Gulf producers. Morgan Stanley highlights rising logistical expenses, rapidly filling storage, and a concentrated regional revenue exposure for oilfield serv…
Senior U.S. and Chinese economic officials are meeting in Paris to work through remaining issues in the October 2025 trade truce and to smooth the way for a late-March summit between U.S. President Donald Trump and Chinese President Xi Jinping. Talks will address U.S. tariffs, access to Chinese rare earths and magnets, U.S. high-tech export control…
Iran has threatened broader retaliation after U.S. and Israeli airstrikes struck its energy infrastructure. President Donald Trump called on allied countries to deploy warships to protect the Strait of Hormuz as missile and drone attacks continue to affect energy facilities and shipping hubs in the Gulf. The conflict shows no signs of abating and i…
Hamas publicly asked Iran not to direct military strikes at neighbouring countries while reaffirming Tehran’s right to respond to U.S.-Israeli attacks, marking the group’s first explicit comment on Iranian policy. The statement called for an immediate end to the war from regional states and international organisations, amid ongoing flare-ups since …
U.S. strikes on Kharg Island hit military targets on a facility that handles about 90% of Iran's oil exports. Traders and analysts are monitoring the island's pipelines, terminals and storage tanks for damage that could tighten an already fragile supply picture, while Tehran warns of retaliatory action against energy assets linked to the U.S.
The Trump administration has formally requested an exchange of 86 million barrels from the U.S. Strategic Petroleum Reserve, the opening move in a broader coordinated release intended to relieve fuel price pressure caused by halted shipping through the Strait of Hormuz. Deliveries are expected to begin by the end of next week, and companies partici…
