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.
2,383 total articles
European benchmark natural gas futures fell after statements from U.S. leadership and reports of resumed U.S.-Iran negotiations raised hopes of a de-escalation in the Middle East. The Dutch TTF front-month contract was down 3.0% to 42.00 euros per MWh by 09:54 ET (13:54 GMT), though analysts note supply-side risks from regional conflict and attacks…
The International Monetary Fund cautioned governments against blanket fuel subsidies in response to energy shortages tied to the Middle East conflict, recommending targeted, temporary cash transfers instead. IMF fiscal chief Rodrigo Valdes said allowing higher energy prices to pass through is important to prompt demand adjustment, while the fund do…
The silver market has recorded substantial stock withdrawals since 2021 and is projected to post a sixth straight yearly structural deficit in 2026. Research prepared by Metals Focus for the Silver Institute highlights both improving liquidity since last year’s squeeze and lingering risks that renewed volatility, Indian demand, and U.S. outflows co…
Global equity markets have largely returned to levels seen before the recent Middle East conflict, with U.S. indices approaching record territory and investors shifting attention back to corporate earnings and economic data as crude prices moderate. Easing geopolitical tensions, comments suggesting renewed talks with Iran and U.S. naval actions in …
Chinese authorities have begun preliminary discussions with makers of solar cell production equipment about possible limits on exports of advanced technologies to the United States, according to multiple people familiar with the consultations. No formal rule has been announced and regulators have not yet sought industry-wide feedback. If implemente…
Gold eased from a one-month high in Asian trade as traders focused on whether the United States and Iran can resume ceasefire talks before a temporary truce expires next week. A prior rally driven by prospects of more diplomacy and softer U.S. producer inflation readings gave way to modest declines in spot and futures gold, while other precious met…
A routine consignment of Austrian spruce 2x4s bound for Qatar has been rerouted around the Strait of Hormuz after regional fighting, forcing overland transfers, raising shipping surcharges and delaying delivery by months. The episode highlights wider supply-chain dislocation affecting construction materials, medicines and perishables across the Gul…
Oil futures declined for a second session as markets reacted to comments that talks between the U.S. and Iran may resume, increasing the possibility that crude and fuel flows from the Gulf could be restored. Despite the softening in prices, physical constraints and recent U.S. policy moves on sanctions leave supply risks elevated ahead of weekly U.…
Oil prices fell in Asian trade as market optimism grew around potential additional U.S.-Iran ceasefire talks and direct negotiations between Israel and Lebanon. Brent slipped to $94.40 a barrel and WTI to $87.86 by 20:48 ET (00:48 GMT), while analysts cautioned that tight supply balances remain a key support for prices amid ongoing disruptions arou…
A U.S. destroyer intercepted two oil tankers departing Iran’s Chabahar port on Tuesday and directed them to return, a U.S. official said, marking an early enforcement action after a U.S.-announced blockade intended to pressure Iran over the closure of the Strait of Hormuz. U.S. Central Command said six merchant ships followed orders to turn back, a…
The NAACP has filed suit against xAI and its subsidiary MZX Tech, accusing them of running 27 gas-fired turbines at their Colossus 2 data center in Southaven, Mississippi, without required Clean Air Act permits. Represented by Earthjustice and the Southern Environmental Law Center, the NAACP warns of potential health and air-quality impacts based o…
Suniva announced a $350 million investment to build a solar cell factory in Laurens County, South Carolina, that is expected to start production in early 2027 and open in the second quarter of 2027. The project will increase the company’s manufacturing capacity from 1 GW to 5.5 GW, create more than 550 jobs, and respond to elevated demand for Ameri…
Prime Minister Mark Carney said he will focus on lowering Canadians' cost of living, addressing the country's housing shortage and advancing major infrastructure projects after his Liberal Party secured a parliamentary majority through three recent special election wins. He announced a temporary suspension of a federal fuel tax to reduce pump price…
Two U.S. administration officials said on Tuesday that a 30-day waiver permitting certain Iranian crude shipments at sea will be allowed to expire later this week, while a U.S. blockade on shipments from Iranian ports remains in effect. The waiver, issued March 20 by the Treasury Department, had enabled roughly 140 million barrels of Iranian oil to…
Gunvor reported an 85% fall in net profit for 2025 to $104 million, a result that includes $462 million of writedowns and other impairments recorded by the incoming management team during a year in which employees completed a management buyout. The buyout left Gunvor valued at about $5 billion, with former CEO Torbjorn Tornqvist providing a loan ex…
International Energy Agency Executive Director Fatih Birol warned that the conflict involving Iran will change the structure of global energy flows, prompting countries to re-evaluate trading partners, factor in reliability and add risk premia. He compared the likely transformation to the disruptions of the 1970s and the post-2022 shift in energy i…
A sector report released Tuesday shows U.S. contract prices for renewable power rose markedly in the first quarter, with solar purchase agreements climbing 13% year-over-year and wind contracts up nearly 24%. Developers point to tariffs, labor constraints and permitting obstacles, while demand from data centers and large corporate buyers continues …
A tanker previously sanctioned by the United States for assisting Iran in evading energy restrictions sailed out of the Strait of Hormuz but then began to turn back, vessel tracking data shows. The ship, blacklisted in 2023, was being watched closely by shipowners, energy traders and investors seeking clarity on U.S. pressure tactics and potential …
Financial markets have largely absorbed the latest escalation in U.S.-Iran tensions, with hopeful signs of resumed talks coinciding with a retreat in oil prices and a rebound in equities. Investors are treating developments as noise rather than a lasting shock, even as a U.S. blockade of Iranian ports takes effect. Corporate earnings, U.S. economic…
The World Steel Association has revised down its global crude steel demand forecast for 2026 to 0.3%, citing a significant decline in Middle East consumption driven by the Iran war. The body expects demand to recover more strongly in 2027, while forecasting a small rise in global steel use next year and noting continued weakness in Chinese output t…
European natural gas prices fell on Tuesday after a session of sharp gains, as investors assessed uncertainty over flows through the Strait of Hormuz and reports of continuing U.S.-Iran engagement. The Dutch front-month TTF contract eased from a spike recorded the previous day amid a U.S.-led naval blockade of Iranian ports and growing concerns abo…
More than 3 million U.S. truckers are contending with record high diesel prices after the Iran war disrupted shipping through the Strait of Hormuz. National average retail diesel has risen $1.89, or 50%, since that disruption, and U.S. fleets are averaging $5.52 per gallon in fuel spend, squeezing small operators, reducing miles driven for many car…
The International Energy Agency has sharply lowered its outlook for global oil demand and supply, forecasting declines from 2025 levels amid a major disruption to shipments and production stemming from conflict in the Middle East. The agency highlighted a dramatic near-term drop in consumption and production metrics, while noting a short ceasefire …
Five sources say negotiating teams from the United States and Iran could reconvene in Islamabad later this week, after recent high-level meetings ended without agreement. Officials involved report no firm date has been set, though Friday through Sunday remains available. The previous encounter was the first direct interaction between U.S. and Irani…
National Gas, which runs Britain’s National Transmission System, says its 2026 Gas Summer Outlook indicates the country should have adequate gas supply to satisfy forecast summer demand under current conditions. The assessment points to stable overall demand versus last year, a drop in gas use for power generation, and continued reliance on UK Cont…
