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.
2,681 total articles
Spot premiums for Dubai crude rose on Friday as trading volumes strengthened, while premiums for Oman and Murban retreated. Trafigura emerged as the dominant bidder during the session and had been the principal buyer in the prior two trading days. Shipping through the Strait of Hormuz remained limited despite two very large crude carriers transitin…
This week exposed three core investor anxieties: whether the AI investment binge can be sustained, how the expanding conflict in the Middle East will affect energy flows, and whether recent central bank messaging has undermined monetary credibility. Semiconductor and cloud earnings produced mixed signals; a surprise regional military escalation sen…
Cuba unveiled expanded plans to permit greater private participation in targeted state-controlled industries as U.S. sanctions and an oil blockade intensify pressure on the economy. Lawmakers discussed measures to ease land-use rules, let businesses import fuel and medicine, and allow private tourist operators. Officials emphasized the changes will…
A CoBank report using USDA-compiled data found U.S. cane and beet sugar demand rose 0.6% in the first half of the 2025/26 marketing year while deliveries of high fructose corn syrup fell 3.5%, signaling a shift among consumers and food firms toward less processed sweeteners even as overall sugar consumption keeps pace with population growth.
Front-month Comex silver for August delivery advanced 92.80 cents per troy ounce on Thursday to settle at $58.815, a 1.60% increase. The move marked the largest one-day dollar and percentage gain since Wednesday, July 22, 2026, and extended a short-term rally to two consecutive sessions, with a two-day gain of $1.519, or 2.65%. Despite the uptick, …
China produced 49.7% of its electricity from coal in the first six months of 2026, marking the first time the coal share dipped below 50%. Renewables reached 41.2% of the power mix, with wind and solar comprising 24.6% of that share. Despite the shift, analysts warn coal consumption for the full year could still exceed last year’s level as demand c…
Gulf Arab states are pressing China to use its economic relationship with Iran to ensure the safe passage of oil and commercial shipping through the Strait of Hormuz and the Red Sea. Beijing has engaged diplomatically through senior envoys and ministerial contacts, but Gulf officials and analysts question how far China will go to exert pressure on …
The Federal Reserve opted to keep policy unchanged, but stronger-than-usual dissent among policymakers and a sharp rise in long-term borrowing costs have unsettled markets. The 30-year yield climbed to a 19-year high and the yield curve steepened, while oil surged amid renewed U.S.-Iran strikes and Big Tech reported mixed results with notable cash …
Oil prices retreated modestly in Asian trading after a strong rally the previous session, as traders booked profits and weighed escalating tensions involving Iran, related regional attacks and a sizable U.S. crude inventory draw that signals tighter near-term supplies. Brent and WTI both fell from multi-percent gains recorded the day before amid un…
A powerful 7.1-magnitude earthquake struck a large shopping complex in southern Japan, throwing workers to the floor and filling parts of the building with dust. Approximately one hour after the quake, an explosion ripped through the mall, causing partial collapse, exposing steel beams and flinging debris into the parking area. Rescue teams recover…
China's market regulator has scheduled a meeting with solar industry representatives for Friday to outline expectations on pricing compliance and the implementation of cost-accounting standards, local media outlet Cailianshe reported on Wednesday. The measure forms part of a renewed drive to curb what authorities call 'involution-style' competition…
Gold traded marginally lower in Asian hours as market participants largely stood aside ahead of the U.S. Federal Reserve's policy decision. The yellow metal hovered around $4,025 an ounce by late New York trading, with oil staging a rebound of more than 4% after renewed hostilities in the Middle East, prompting renewed worries about inflation and i…
Oil futures climbed more than 4% as Iran launched a second wave of ballistic missiles aimed at U.S. forces in the region, prompting renewed supply concerns despite U.S. officials saying interceptors engaged the projectiles. A reported draw in U.S. crude stocks and indications that OPEC+ may delay planned production increases from October contribute…
The American Petroleum Institute (API) has publicly opposed establishing tolls or transit fees for vessels transiting the Strait of Hormuz, after a Gulf-backed proposal reportedly offered Iran the option to collect voluntary fees. API CEO Mike Sommers warned against endorsing a new tolling authority, particularly one linked to the threat of further…
Chinese officials have held direct contacts with Yemen’s Houthi movement to secure guarantees that Chinese-flagged and Chinese-bound tankers can transit the southern Red Sea without being targeted, sources with knowledge of the discussions said. The outreach follows a Houthi declaration on July 20 limiting access to Saudi ports and has involved ind…
Corn futures on the Chicago Board of Trade rose modestly after the U.S. Department of Agriculture reported a larger-than-expected drop in the weekly crop condition rating. The USDA said 63% of the corn crop was rated good-to-excellent as of Sunday, down from 67% the previous week and below the average analyst estimate of 65%. Weather forecasts call…
Gold is trading around $4,029, down about 1.17% on the day and roughly 25.4% below six-month highs, as investors weigh a possible Fed rate move against ongoing structural demand from central banks. Technical indicators on daily and weekly charts read Strong Sell, yet heavy central bank purchases and oversold weekly momentum indicators leave scope f…
European wholesale natural gas prices fell a further 3% on Tuesday, reaching levels not seen in over a week. The decline in front-month contracts at the TTF hub and Britain's equivalent tracked a retreat in Brent crude and remarks from U.S. President Donald Trump suggesting productive talks with Iran, which reduced immediate geopolitical risk premi…
Oman has offered Iran a regional framework to oversee the Strait of Hormuz that would use voluntary user fees and shared management rather than granting Tehran exclusive control. The plan, which reportedly has regional support and is modeled on the Strait of Malacca funding system, arrives as the United States temporarily halted a campaign of air s…
Brent and WTI plunged sharply in a single session after a pause in U.S.-Iran hostilities and signals that OPEC+ will raise output quotas in September. A surprise crude inventory build and falling speculative positions have compounded losses, leaving prices vulnerable unless geopolitical risks re-emerge.
The U.S. Treasury has removed 84 people and entities from its sanctions lists as part of a wide-ranging review intended to streamline the Specially Designated Nationals and Blocked Persons List (SDN List) and reduce compliance frictions for financial institutions. The action follows earlier removals and comes amid efforts to add clearer identifying…
Baker Hughes expects a modest overall decline in capital and operating outlays by oil and gas producers this year. Company executives said growth in Latin America, offshore Africa, and North America land will be balanced by reduced spending in Europe and the Middle East, where elevated geopolitical tensions have prompted a more cautious approach fr…
Northwest European gasoline refining margins rose $5.97 to $38.97 per barrel on Monday, supported by crude oil prices hovering near one-week lows after a pause in strikes between the U.S. and Iran. Market activity included several sizeable Eurobob barge sales by major oil companies. Policy responses to rising fuel costs and supply disruptions were …
Russian export wheat values were unchanged last week after an earlier uptick, with higher freight rates dampening demand and global quotations falling on speculation that restrictions on Black Sea shipping might be loosened. Industry analysts cautioned that the market reaction to rumor-driven easing was likely excessive and that shipping conditions…
Chicago Board of Trade soybean futures fell after recent gains, pressured by profit-taking and a decline in oil prices. Export sales data from the U.S. Department of Agriculture showed continued demand, with shipments reported to China and to unspecified buyers. November CBOT soybeans were trading lower after earlier reaching a more-than two-year p…
