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.
2,960 total articles
Following coordinated U.S. and Israeli strikes on Iran, Texas Capital sees crude trading between $70 and $80 per barrel over the coming week as a heightened geopolitical risk premium lifts prices. The firm notes embedded risk premiums, limited likelihood of a long closure of the Strait of Hormuz, and potential market tightening if Iranian exports a…
Recent strikes on Iran have introduced fresh geopolitical volatility that is tilting outcomes across European infrastructure assets. While higher oil prices and rising bond yields - common consequences of Middle East escalation - tend to pressure the sector as a whole, many infrastructure earnings are insulated by long-term, fixed-rate debt and con…
Israel carried out strikes on Hezbollah positions in Lebanon following a missile and drone assault by the Iran-aligned group, which said it acted in response to the killing of Iran's Supreme Leader Ali Khamenei and alleged repeated Israeli violations. The exchange marks the first projectile attack from Hezbollah since U.S. and Israeli strikes on Ir…
Gold rallied more than 2% in Asian trade after the United States and Israel carried out major strikes on Iran that resulted in the death of Supreme Leader Ayatollah Ali Khamenei. Spot and futures contracts climbed to their highest levels since late January as investors sought refuge from escalating geopolitical risk, while other precious metals and…
Oil prices opened sharply higher in Asian trading after the U.S. and Israel launched a series of strikes against Iran, prompting retaliation and attacks on shipping routes. Brent futures rose about 13% to $82.0 a barrel before pulling back, as analysts and officials warned the risk to supply has increased and OPEC+ moved to raise production modestl…
Oil benchmarks jumped sharply on Monday after a new round of strikes between Iran and Israel damaged multiple tankers and disrupted shipments from a major producing region. Brent and U.S. crude touched multi-week highs as market participants reacted to the direct impact on shipping and heightened geopolitical uncertainty.
U.S. average gasoline retail prices are poised to top $3 per gallon on Monday for the first time in over three months after U.S. strikes on Iran and related disruptions to shipments through the Strait of Hormuz pushed crude prices sharply higher. Analysts say the move raises inflationary pressure that could carry political consequences, while inven…
The retaliatory strikes by Iran across Gulf states have produced the widest business interruption in the region since the pandemic, forcing airport shutdowns, partial port stoppages and sharp market declines. The attacks - which followed a joint U.S.-Israeli assault on Iran - struck airports, military facilities, ports and hotels across the Gulf, c…
Belgian forces, supported by France, boarded and seized an oil tanker on March 1 that Belgian authorities say is part of a Russian 'shadow fleet' and was operating with a false flag and suspect paperwork. The vessel, identified by Belgian officials as Ethera and listed on EU sanctions lists, is being diverted to Zeebrugge. Prosecutors confirmed sig…
Following U.S. and Israeli strikes on Iran, market participants report heightened uncertainty and increased flows into gold. Traders expect an early spike in bullion and oil prices, with tokenised gold trading at a premium over the weekend. Analysts caution that initial rallies may fade as markets reassess the implications for oil supply and the du…
Brent crude rose roughly 10% to about $80 a barrel after U.S. and Israeli strikes on Iran intensified Middle East tensions. Analysts warned prices could climb toward or past $100 if disruptions around the Strait of Hormuz persist, while OPEC+ announced a small output increase that is unlikely to offset potential losses in supply.
Russian President Vladimir Putin denounced the killing of Iran's Supreme Leader Ayatollah Ali Khamenei as a "cynical" murder and sent formal condolences to Iran's president, government and people. The attack, which Iranian state media say was carried out by Israeli and U.S. air strikes and left Khamenei dead at age 86, leaves Moscow confronting ano…
Recent U.S. and Israeli strikes on Iran have escalated tensions across the Middle East, producing signs of disruption to tanker movements through the Strait of Hormuz. Strategists warn that further escalation - particularly actions by the Islamic Revolutionary Guard Corps - could materially lift oil prices and limit the effectiveness of global spar…
OPEC+ is set to discuss a larger-than-anticipated oil production increase at a Sunday meeting after shipping through the Strait of Hormuz stopped following warnings from Iran. Market participants say only Saudi Arabia and the UAE have meaningful spare capacity, limiting how much the group can offset the disruption, while oil prices have jumped to $…
Loud blasts reverberated across Dubai and Doha on March 1 as Iran’s retaliatory strikes, which it said would target U.S. bases, widened to include a range of targets across Gulf cities. Interceptions of missiles and drones produced falling debris that injured two people in Dubai and caused damage to major infrastructure and landmarks, while Qatar r…
Missile strikes launched by Iran over Gulf territories produced massive blasts and visible fireballs, striking population centres and prompting unease among Gulf governments that their states are now directly threatened. Analysts and regional figures say the attacks are intended to demonstrate Tehran's ability to strike U.S. allies in the region an…
Multiple tanker owners, major oil companies and trading houses have suspended shipments of crude oil, refined fuels and liquefied natural gas through the Strait of Hormuz after strikes by the U.S. and Israel on Iran and Tehran's announcement that navigation was closed. Vessels are clustered near ports such as Fujairah in the UAE; warnings and advis…
On Feb. 28 in Berlin, the leaders of France, Germany and Britain issued a joint condemnation of Iranian attacks on regional countries, urging Tehran to halt indiscriminate military strikes and resume negotiations. The statement demanded that Iran curb its nuclear and ballistic missile activities, cease destabilizing behavior and end violence and re…
The Mexican government’s killing of Nemesio Oseguera, known as El Mencho, marked a significant operational success. Security officials from both countries say it did little to degrade the Jalisco New Generation Cartel’s essential U.S.-based infrastructure: channels that supply weapons, traffic fuel and launder proceeds. Mexican authorities and U.S.…
The United States and Israel launched strikes on Iran on Feb 28, prompting missile launches by Tehran toward Israel. Iran possesses the largest ballistic missile stockpile in the Middle East and maintains a variety of systems with ranges Iran says are sufficient to defend the country. The arsenal includes medium- and long-range missiles, undergroun…
President Luis Abinader announced preliminary findings indicating the Dominican Republic may hold gross rare earth deposits exceeding 150 million tons. The government says the deposits include 17 distinct metals relevant to semiconductors, aerospace and military applications. Officials aim to complete deposit assessments this year and certify reser…
Avian influenza has killed 7.4 million chickens in Pennsylvania over the past month, part of a U.S. outbreak that began four years ago and has led to the loss of 196 million birds nationwide. State officials and veterinarians point to an unusually cold winter and the presence of wild waterfowl, including snow geese, that wintered in Pennsylvania as…
U.S. crude oil production declined for the second month in a row in December, slipping to its lowest level since June, while overall petroleum consumption rose to a multi-month peak, according to Energy Information Administration data. At the same time, natural gas production in the Lower 48 reached a new record.
Mexico's state energy firm recorded a net loss of 155.23 million pesos in the fourth quarter and reported fourth-quarter revenues of 362.45 billion pesos. Production and refining volumes fell short of government targets, while the company carried $85.2 billion in financial debt at quarter-end and received 395.3 billion pesos in government support d…
The U.S. Justice Department has filed a complaint to forfeit the Motor Tanker Skipper and about 1.8 million barrels of crude supplied by Venezuela’s state oil company PDVSA, accusing the vessel and its operators of a sanctions-evasion scheme tied to Iran’s Islamic Revolutionary Guard Corps dating back to 2021.
