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

1,008 total articles

Gold Edges Higher as Markets Watch Iran War Escalation

Gold Edges Higher as Markets Watch Iran War Escalation

Gold in Asian trading ticked up modestly after extreme volatility last week, with spot and futures contracts both gaining 0.4%. Investors are monitoring the potential widening of the U.S.-Israel conflict with Iran, including new strikes by Yemen-based Houthis and reports of U.S. troop movements to the Middle East. Analysts characterize the recent g…

EU Trade Chief Sees Progress with U.S. on Critical Minerals and Tariff Talks

EU Trade Chief Sees Progress with U.S. on Critical Minerals and Tariff Talks

The European Union's trade commissioner described a constructive meeting with the U.S. Trade Representative at the World Trade Organization ministerial in Cameroon, with both sides agreeing to push forward cooperation on critical minerals and addressing tariffs. EU lawmakers recently advanced legislation intended to implement the EU side of the Tur…

Canada Seeks Mercosur Free-Trade Deal by Autumn

Canada Seeks Mercosur Free-Trade Deal by Autumn

Canada’s minister of international trade said he aims to finalize a free-trade agreement with the Mercosur bloc by the autumn, accelerating negotiation timetables and holding frequent talks on the sidelines of the World Trade Organization ministerial in Yaounde. Bilateral discussions with Argentina, Paraguay, Brazil and Uruguay are under way, while…

Stalemate Between U.S. and India Clouds WTO Reform Talks in Yaounde

Stalemate Between U.S. and India Clouds WTO Reform Talks in Yaounde

Trade ministers gathered in Yaounde, Cameroon, remain committed to negotiating World Trade Organization reforms, but deep divisions persist, notably between the United States and India. Key sticking points include whether to adopt a detailed reform workplan, extension of an e-commerce moratorium, the inclusion of an Investment Facilitation for Deve…

Markets Whipsawed by a Post: The Fragility of Pricing Amid the Iran Shock

Markets Whipsawed by a Post: The Fragility of Pricing Amid the Iran Shock

A short message on Truth Social from the U.S. president briefly reversed large swaths of market pricing, sending oil sharply lower and lifting equities before gains faded. Subsequent extensions of an attack deadline and conflicting reports from mediators and Tehran left traders struggling to gauge the trajectory of the crisis, producing volatile mo…

Canada and Mercosur Edge Closer to Free-Trade Pact as Talks Accelerate

Canada and Mercosur Edge Closer to Free-Trade Pact as Talks Accelerate

Canada and the Mercosur trading bloc are making rapid progress toward a free-trade agreement, with officials and diplomats indicating a possible signing later this year following renewed negotiations and technical exchanges. Another negotiating round is scheduled for next month in Brasilia as governments intensify outreach to secure market access a…

Planting Plans Shift as Iran Conflict and Input Costs Reshape U.S. Acreage

Planting Plans Shift as Iran Conflict and Input Costs Reshape U.S. Acreage

U.S. farmers are signaling a move away from corn and spring wheat toward soybeans as higher fertilizer and fuel prices, along with subdued grain markets and trade uncertainty, cast doubt over crop profitability. Analysts' pre-report estimates point to a notable decline in corn acreage, the smallest spring wheat area since 1970, and a rebound in soy…

Lavrov Alleges U.S. Interest in Taking Control of Nord Stream Pipelines

Lavrov Alleges U.S. Interest in Taking Control of Nord Stream Pipelines

Russian Foreign Minister Sergei Lavrov told France Televisions that the United States is attempting to assume control of the Nord Stream gas pipelines in the Baltic Sea, which were severely damaged by explosions in September 2022. Lavrov linked the claim to broader U.S. efforts to influence global energy markets, but provided no supporting details.…

Rubio Thanks Kurdish Regional Government for Keeping Iraqi Oil Flowing, Condemns Missile Strike on Peshmerga

Rubio Thanks Kurdish Regional Government for Keeping Iraqi Oil Flowing, Condemns Missile Strike on Peshmerga

U.S. Secretary of State Marco Rubio called Kurdistan Regional Government Prime Minister Masrour Barzani to express gratitude for the KRG's role in enabling Iraqi oil, including from the Kurdistan region, to reach international markets. Rubio also offered condolences for Peshmerga fighters killed in an Iranian missile attack and wished a speedy reco…

Oil retreats after Trump delays strikes on Iranian energy facilities

Oil retreats after Trump delays strikes on Iranian energy facilities

Oil prices eased in early trade after U.S. President Donald Trump announced a 10-day pause in planned strikes on Iranian energy plants and signaled progress in talks. Brent and U.S. West Texas Intermediate futures trimmed gains from the prior session, with broader market indicators pointing to reduced near-term risk expectations despite the ongoing…

Oil Retreats as Diplomatic Signals Trim Middle East Risk Premium

Oil Retreats as Diplomatic Signals Trim Middle East Risk Premium

Oil futures fell in Asian trading on Friday and were headed for a weekly drop as signs of de-escalation in the Middle East reduced the risk premium that had buoyed prices. Brent for May delivery and U.S. WTI both declined, with markets responding to a U.S. announcement of a temporary pause in strikes against Iranian energy infrastructure and cautio…