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.
1,903 total articles
S&P Global Visible Alpha research cautions that the substantial capital expenditures tech giants have slated for AI infrastructure in 2026 - roughly $635 billion - could be upset if energy prices rise amid Middle East tensions. Melissa Otto, head of research at S&P Global Visible Alpha, says sustained high oil prices may force companies to revise p…
Gold clawed back some losses in Asian trading after reports that U.S. action against Iran may be scaled back, and comments from the U.S. Federal Reserve chair reassured markets on long-term inflation. The rally was modest and did not erase deep declines for gold and other precious metals during March, which were driven by rising inflation expectati…
Financial markets enter the second quarter with elevated sensitivity to developments in the Middle East and to oil prices, which have jumped about 90% this quarter to above $100 a barrel. That surge has pushed up inflation expectations and bond yields, prompted central bank rate repricing and left equities vulnerable to further declines if the conf…
A fully loaded Kuwait-flagged crude oil tanker was struck and set on fire off Dubai in a drone attack claimed to be carried out by Iranian forces, adding to a month of maritime assaults in the Gulf and the Strait of Hormuz. The incident coincides with U.S. President Donald Trump's public warning that Washington could destroy Iranian energy plants a…
A Kuwaiti crude oil tanker, the Al Salmi, was struck in an apparent Iranian attack while at anchor in Dubai port, igniting a fire that has since been extinguished. Kuwait Petroleum Corporation and Dubai maritime authorities reported damage to the vessel and warned of a potential oil spill. The incident briefly pushed Brent crude higher before price…
Global crude benchmarks rose for a fourth consecutive session amid escalating disruptions tied to the widening conflict in the Middle East. Traders reacted to reports of attacks on shipping and the effective closure of the Strait of Hormuz, sending Brent and U.S. West Texas Intermediate sharply higher and positioning both for unusually large monthl…
Oil prices climbed sharply as reports emerged that an oil tanker, fully loaded and anchored at Dubai port, was struck and set ablaze. The move intensified concerns about shipping security and supply disruption after a series of attacks and counterattacks across the Gulf and Red Sea, and came amid contradictory statements over U.S.-Iran negotiations…
A coalition of health and environmental organizations has filed suit in the U.S. Court of Appeals for the D.C. Circuit challenging the U.S. Environmental Protection Agency's repeal of tightened federal limits on mercury and other toxic emissions from coal-fired power plants. The groups say the rollback and previous exemptions have led to measurable…
The White House maintained that U.S. policy toward Cuba remains unchanged despite permitting a sanctioned Russian tanker to offload fuel for humanitarian purposes. Press Secretary Karoline Leavitt said the decision was handled on a case-by-case basis and reiterated that the United States retains the right to seize vessels that violate sanctions. Th…
Soybean oil futures in Chicago climbed as much as 3.4% after crude oil strengthened amid tensions with Iran and the U.S. government released updated biofuels blending standards. The moves lifted demand expectations for biomass-based diesel, improving near-term prospects for soybean oil used in renewable diesel production and food applications.
The German finance ministry has announced cuts to the silver content of two limited-edition euro collector coins, reducing weight and increasing copper content, citing sharp swings in silver prices and a goal of preventing speculative demand or budgetary issues. The change affects 35- and 50-euro coins and follows a year of intense silver volatilit…
After Iran’s closure of the Strait of Hormuz in response to U.S.-Israeli attacks sent global energy prices sharply higher, G7 and EU officials moved to coordinate measures to blunt the economic impact. Options range from strategic oil releases to targeted subsidies and temporary tax cuts; governments face trade-offs between protecting households an…
Global markets opened the week under pressure as rising crude prices signalled a deeper, possibly prolonged, energy shock. Brent breached $116 per barrel and U.S. crude topped $102 before easing slightly, while three-month Brent futures climbed above $100, reflecting growing concern that the Middle East conflict may not abate soon. The moves reverb…
Serbia has obtained a three-month extension of its gas import contract with Russia following a telephone conversation between Serbian President Aleksandar Vucic and Russian President Vladimir Putin. The renewal preserves the present price and daily volume terms — roughly $320-$330 per 1,000 cubic meters for up to 6 million cubic meters per day — an…
Macquarie strategists warn that if the Iran conflict persists through the end of June and the Strait of Hormuz remains largely closed, Brent crude could reach $200 a barrel and U.S. gasoline could rise to roughly $7 a gallon. The bank lays out a base case of an early resolution and a more severe upside scenario with far-reaching economic consequenc…
Israel’s Finance Ministry projects 2026 economic growth between 3.3% and 3.8%, with the exact outcome tied to how long hostilities with Iran and Iran-backed Hezbollah last. The ministry also provided a 2027 growth range and advanced a revised state budget that increases defence spending and secured parliamentary approval.
Aluminum futures rose sharply toward four-year peaks after Iranian strikes damaged key Gulf smelting facilities, constricting supply from producers that represent about 9% of global output. The move pushed London Metal Exchange three-month aluminum higher and triggered gains in major aluminum producers' equities in both London and U.S. pre-market t…
A sequence of U.S.-Israeli air strikes has killed several of Iran's most senior political and military officials, including Supreme Leader Ayatollah Ali Khamenei. The attacks, concentrated on Tehran and the port city of Bandar Abbas as well as the Pardis area, have removed influential figures across the country’s security and defence establishments…
Aluminium prices jumped sharply on Monday after weekend Iranian strikes struck two of the Middle East’s largest aluminium producers, stoking fears of a prolonged supply disruption. London Metal Exchange three-month aluminium rose 3.85% to $3,423 a metric ton as of 0718 GMT, while the most-active contract on the Shanghai Futures Exchange closed 3.43…
Aluminium futures on the London Metal Exchange climbed sharply after weekend strikes damaged two of the Middle East's largest aluminium producers. Benchmark three-month LME aluminium rose to $3,492 per metric ton at the open, a near four-year high, while companies and markets continue to assess the operational and supply implications.
President Donald Trump said the United States and Iran have engaged both directly and indirectly and described Iran’s replacement leadership as "very reasonable," while Pakistan announced plans to host talks aimed at ending the month-long war. The diplomatic overtures come as U.S. troop deployments increase, Israeli strikes continue across Iran and…
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…
Oil futures spiked in early trading after Yemen's Houthi movement launched missiles at Israel, widening the geographic scope of the Middle East conflict. Brent rose to $115.08 a barrel, briefly touching $116.43, as reports of attacks, military deployments and maritime vulnerability heightened concerns about global supply disruptions.
The New York Times reported that the United States is permitting a Russian oil tanker to reach Cuba, marking a softening of Washington's effective blockade of oil shipments to the island. The sanctioned tanker Anatoly Kolodkin departed Russia's Primorsk port carrying between 650,000 and 730,000 barrels of crude, according to ship-monitoring data an…
Rosatom has reported a deterioration in conditions at Iran's Bushehr nuclear power plant following another nearby strike, warning that such attacks constitute a direct threat to nuclear safety. The International Atomic Energy Agency said Iran informed it of the latest incident - the third in 10 days - and reported no damage to the operating reactor…
