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
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.
U.S. Vice President JD Vance will travel to Armenia and Azerbaijan this week to promote a U.S.-brokered peace framework and a proposed transit corridor known as the Trump Route for International Peace and Prosperity, or TRIPP. The itinerary includes a two-day stop in Armenia beginning later on Monday, followed by talks in Azerbaijan on Wednesday an…
Oil futures fell in Asian trade after the United States and Iran indicated indirect nuclear talks would continue, easing fears of imminent military conflict. A resilient dollar and upcoming U.S. and Chinese economic releases also weighed on crude, with Brent and West Texas Intermediate both down 0.7% in early trading.
Storm Marta has compounded a series of recent weather events across Spain and Portugal, leaving vast areas waterlogged, killing at least several people, forcing thousands from their homes and prompting preliminary agricultural losses estimated at around 750 million euros. Authorities warned of continued heavy rain, snow at higher elevations and haz…
Gold advanced in Asian trade to levels just under $5,000 an ounce, while silver climbed more than 3% following a turbulent week marked by profit-taking, subdued haven demand and renewed uncertainty over U.S. monetary policy. Market attention is now fixed on upcoming U.S. nonfarm payrolls and consumer price index prints for further direction.
Several large Indian refiners have refused offers for Russian crude scheduled for March and April delivery, a move aligned with a new U.S.-India trade framework. While some deliveries remain on the books and one private refiner retains links to Russian supply, most buyers have paused purchases, and New Delhi emphasizes diversified energy sourcing a…
A fragment of a larger protest in Milan attacked police with firecrackers, smoke bombs and bottles on the first full day of the Milano Cortina Winter Olympics. Police used water cannon to disperse the group; order was restored within minutes and six people were detained. The broader march, involving roughly 10,000 people, targeted rising housing co…
Ukrainian authorities reported a large-scale Russian air assault overnight that struck electricity generation sites and key distribution infrastructure across multiple regions. Officials said the barrage involved over 400 unmanned aerial vehicles and about 40 missiles, causing significant damage to thermal power plants, substations and transmission…
Iran's foreign minister said Tehran would target U.S. military bases across the Middle East if American forces that have recently concentrated in the region launch an attack. The comments, delivered in a televised interview, came a day after Tehran and Washington agreed to continue indirect nuclear negotiations following talks described as positive…
President Volodymyr Zelenskiy said the United States has proposed that Russia and Ukraine reach a settlement to end the war before the start of summer, with a new round of talks in Miami proposed to take place within a week and accepted by Kyiv. Recent U.S.-brokered meetings in Abu Dhabi produced a prisoner swap and technical discussions on ceasefi…
