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.
2,727 total articles
A report from the Global Initiative Against Transnational Organized Crime’s Haiti Observatory finds that armed gangs are increasingly operating beyond Port-au-Prince, employing small, mobile units to conduct rapid raids, kidnappings, cattle theft and roadblocks in rural areas. The shift is affecting agricultural zones and transportation corridors a…
China’s private soybean processors are confronting a mounting supply and margin squeeze entering the fourth quarter. With Brazilian supplies tightening and a 10% tariff keeping most U.S. shipments off the table, crushers face negative theoretical crush margins even before the tariff is applied. Processors hope for tariff relief or state reserve auc…
South Korea and the United States have reportedly agreed on the scale of a planned South Korean investment in a large gas-fired power project in Texas at about $22.3 billion. The initiative, described in media reports as Seoul's first U.S. investment under the bilateral trade agreement, would fund a 6.3-gigawatt gas plant in Encinal to help meet gr…
Israeli air operations early on Monday struck parts of southern Lebanon, killing at least 11 people, including two children and two medics, according to Lebanon's state news agency. The strikes hit a residential building in Kfar Rumman and a separate civilian vehicle. The incidents occurred amid larger cross-border hostilities that have persisted d…
OPEC+ is expected to keep its oil output policy unchanged for October at a meeting on Sunday, according to people familiar with the discussions. The producer group must agree new quotas and review members' production capacity before deciding how to unwind remaining cuts and restore output. Ongoing disruptions to exports through the Strait of Hormuz…
U.S. Central Command said American forces struck three Iranian oil tankers, including one near Kharg Island, after Iran’s Islamic Revolutionary Guard Corps fired ballistic missiles at two U.S. Navy ships. Central Command framed the strikes as a response designed to impose an economic cost; Iranian semi-official media reported a separate missile hit…
Relatives of foreign nationals still unaccounted for after the fatal mudslide near the Tibet-Nepal border say they have received minimal information from Chinese authorities, even as Beijing reports briefings for foreign missions and sends DNA experts to Nepal. The disaster has left hundreds dead or missing on both sides of the border, and families…
Gasoline costs across the United States are reaching historic highs for the Labor Day holiday period, driven by renewed Middle East tensions that have lifted crude oil above $90 a barrel, tightened refining margins and reduced inventory buffers. The national average is forecast to top $4 per gallon, placing pressure on household budgets and adding …
Jefferies has devised a fresh quantitative model for valuing gold that discards conventional anchors such as real interest rates and the U.S. dollar in favor of measures tied to central bank reserve behavior and fiscal deficits. The framework targets $4,650 per ounce by year-end, supports prior forecasts for $4,500 in H2 2026 and $5,000 in H1 2027,…
A late-May seizure of six horses near Redford, Texas, underscores how illicit animal movements across the U.S.-Mexico border can bypass veterinary checks and may accelerate the spread of New World screwworm. As federal and state authorities restrict legal livestock imports and deploy inspection teams, smuggled horses, dogs, cattle and exotic specie…
A Venezuelan businessman who was previously targeted in U.S., Swiss and Spanish money-laundering inquiries is now a principal intermediary in a multi-decade oil agreement that grants U.S. agencies substantial stakes and purchasing rights. The arrangement places the Pentagon’s Office of Strategic Capital and the State Department in direct commercial…
On Sept. 4 the U.S. embassy in Havana issued a public health alert reporting a notable increase in diarrheal diseases across Cuba, which it tied to the ongoing deterioration of the island's water and electricity infrastructure. The warning came as the Trump administration has maintained restrictions on fuel shipments to Cuba - a move officials say …
Chicago Board of Trade wheat futures fell on Friday, reversing part of the rally that pushed prices to a 3-1/2-year high earlier this week. Traders cited diplomatic signals that a peace settlement between Russia and Ukraine remains possible - developments that could alleviate disruptions to Black Sea grain shipments and ease pressure on global supp…
The U.S. Treasury Department on Sept. 4 announced Iran-related sanctions on three Turkey-based firms, while issuing a general license to permit orderly wind-down of transactions. The move forms part of a broader U.S. campaign aimed at increasing economic pressure on Iran and follows recent steps targeting foreign banks' dealings with Tehran.
Bond markets across major economies experienced a sharp repricing this week, with long-term government yields climbing to multi-decade highs. A mix of rising deficits, persistent inflationary pressures, large-scale AI-driven corporate investment and a jump in energy prices prompted investors to demand higher compensation for holding long-dated sove…
A mechanical foreman pulled from a tunnel at the Upper Trishuli 3A Hydropower Station said he remained to assist colleagues instead of fleeing when a catastrophic wall of ice, rock and debris struck. Rescued nine days after the disaster, he and another survivor are in intensive care, while officials say hundreds are believed trapped in tunnels link…
Citi remains constructive on precious metals, reiterating a near-term gold target of $4,800 per ounce and a 6-12 month forecast of $5,000, above the roughly $4,500 spot. The bank also projects silver at $75 per ounce versus a $67 spot. Citi characterizes the recent retreat in gold after a hawkish Warsh speech on August 29, 2026 as a dip that invest…
Citi and ANZ have raised their Brent crude price projections as continued disruptions to Middle East production and transit weigh on global oil balances. Citi now expects $86 per barrel for third-quarter 2026, while ANZ puts its short-term Brent view at $95 per barrel. Both banks highlight strained inventories and substantial Persian Gulf supply lo…
Two mechanical staff members from the Upper Trishuli 3A Hydropower Station were pulled alive from a tunnel nine days after a glacier collapse on the upper Trishuli River sent ice, rock and mud through the valley, a disaster that has killed at least 1,252 people and left more than 4,200 missing. The rescued men are the first survivors recovered from…
Two mechanical staff were rescued alive from a tunnel connected to the Upper Trishuli 3A Hydropower Station nine days after an ice, rock and mud slide swept through a valley on the Trishuli River, an event that killed more than 1,200 people and displaced tens of thousands. The workers are en route to Kathmandu for medical treatment; one is reported…
Oil prices rose in Asian trade on Friday and were positioned for substantial weekly gains after a fresh round of hostilities between the United States and Iran increased the prospect of extended interruptions to shipping through the Strait of Hormuz. Benchmark Brent and WTI futures moved higher, supported by falling U.S. commercial crude stocks and…
Oil prices rose on Friday and are set for the biggest weekly advance since mid-July as heightened U.S.-Iran tensions and new Iranian rules for vessels transiting the Strait of Hormuz intensified worries over Middle East supply disruptions. Brent traded near $95.67 per barrel and U.S. crude around $91.56, with substantial weekly percentage gains.
U.S. diesel prices reached an intraday record, driven by supply squeezes after renewed hostilities involving the U.S. and Iran and disruptions from attacks on Russian refineries. Inventories are at multi-decade lows, refiners are running at high rates, and seasonal demand risks pushing costs higher for trucking, agriculture and heating.
Speaking to GB News on Sept 3 in London, former U.S. President Donald Trump said Britain was "on the edge of disaster," pointing to high energy prices, net zero policies and large-scale migration as key problems. He reiterated admiration for King Charles and affection for Britain, but criticised Prime Minister Andy Burnham’s government. Trump repea…
Chicago Board of Trade wheat futures eased on Thursday, retreating from recent multi-year highs after Russian President Vladimir Putin indicated there was a chance of a peace agreement over the war in Ukraine. Traders booked gains after a sharp rally that had been driven by concerns about disruptions to Black Sea grain exports. Market participants …
