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
Oil prices fell on June 30 as investors focused on the prospect of U.S.-Iran discussions in Doha following weekend missile exchanges that tested an interim ceasefire. Brent and U.S. West Texas Intermediate declined, while market participants weighed conflicting statements from Iranian officials, a comment from the U.S. president, and data suggestin…
Crude prices slipped in early Asian trading as investors balanced the potential for U.S.-Iran discussions with ongoing uncertainties over the Strait of Hormuz after recent military exchanges. U.S. WTI fell 0.5% to $70.37 a barrel at 20:51 ET (00:51 GMT), while questions remain about Iran's commitment to further talks and its plans to co-manage traf…
The White House has announced a temporary suspension of certain U.S. duties on phosphate fertilizer imported from Morocco, a measure aimed at addressing domestic shortages linked to disruptions in supplies from Middle Eastern producers. The proclamation says U.S. fertilizer production is currently insufficient after exports and that efforts to expa…
WASHINGTON, June 29 - President Donald Trump on Monday urged gasoline retailers to cut pump prices immediately, posting direct orders on Truth Social and warning of potential consequences if they do not comply. He reiterated instructions for the Justice Department to investigate oil companies for failing to reduce retail prices in step with lower c…
Mexican President Claudia Sheinbaum said she would not protect anyone after a video surfaced online that appears to show Víctor Rodríguez, then head of state oil company Pemex, violently abusing his wife. The footage, posted to YouTube by a woman identifying herself as María Felicia Jiménez, is time-stamped March 15, 2026. Authorities in Morelos ha…
U.S. Strategic Petroleum Reserve (SPR) holdings fell by 5.5 million barrels to 325.7 million barrels, the smallest SPR balance since May 1983. The reduction forms part of a planned release of 172 million barrels intended to offset a shortfall in global supplies after the Iran war and to ease fuel prices. Overall U.S. inventories, combining commerci…
A helicopter owned by Saudi Aramco crashed on Sunday at the Ras Tanura oil terminal on Saudi Arabia's eastern Gulf coast, killing 14 nationals. The cause of the accident is unknown and authorities have launched a full investigation. The incident occurred shortly after Aramco resumed crude loadings at the terminal following a nearly four-month halt.
Euronext wheat prices edged lower on Monday as market participants balanced potential yield reductions from a record French heatwave with forecasts for a large harvest in the Black Sea export region. September wheat on Paris-based Euronext slipped 0.3% to €202.25 ($231.09) per metric ton at 1621 GMT, trading near a one-week low. Wheat’s earlier ral…
A security framework linking Israel’s pullback from southern Lebanon to the verified disarmament of Hezbollah has prompted analysts and Lebanese figures to warn it may institutionalize a prolonged Israeli presence rather than end hostilities. Critics say the pact places onerous obligations on the Lebanese state without mechanisms to enforce them, r…
Iraq is pressing OPEC for a materially larger production quota as war-related export losses and a recent wave of multi-billion-dollar investments by major oil companies strain state revenues and heighten the urgency to boost crude sales. The proposal risks friction inside the producer group, already weakened by conflict fallout and the departure of…
A Wood Mackenzie report says changes to U.S. permitting policy under the Trump administration have stalled approvals for renewable projects, placing more than $121 billion in early-stage wind, solar and storage investments at risk. The study identifies 92 gigawatts of capacity - roughly enough to power 69 million homes - now subject to added federa…
Mediators have established communication channels to defuse incidents and technical teams from Iran and the United States are expected to meet in Doha soon to work on implementing a 14-point interim memorandum of understanding signed on June 17. The agreement — which calls for a ceasefire and reopening of the Strait of Hormuz — faces fresh strains …
Fresh U.S. strikes on Iran over attacks on Gulf shipping rattled markets over the weekend, but a subsequent agreement to halt hostilities and reopen peace talks limited oil market reaction. Brent crude stayed below $73 a barrel after last week's more than 10% decline. Tech stocks and currency markets remained volatile, with the dollar poised for it…
New York has launched a $30 million aid initiative to offset the impact of federal tariffs on state agricultural producers. The program will offer direct payments beginning at $1,000 and allow eligible farmers to apply for assistance up to $25,000, covering dairy, livestock, specialty crops and aquaculture operations.
European wholesale natural gas prices rose over 1% on Monday, reflecting renewed geopolitical tensions in the Middle East and forecasts for hotter-than-normal summer weather in southern Europe that may bolster gas-fired power demand. The Dutch front-month contract gained 1.6% to 41.38 euros per megawatt-hour, while the British contract rose 1.6% to…
Silver is trading at $58.45 on the 4-hour timeframe and remains entrenched in a pronounced downtrend. Year-to-date losses approach 19% and the metal sits more than 50% below its January record high. Short-term momentum hints at a tentative bounce, but technical structure and waning volume favor further downside unless price can close convincingly a…
On the 4-hour chart, gold is trading at $4,073.72 and is contained between firm support at $4,050 and resistance clustered at $4,135–$4,165. Technical indicators point to a short-term bullish attempt amid a prevailing downtrend. Key levels, trade setups for both sides, and specific invalidation thresholds provide a structured framework for managing…
Gold prices fell in Asian trading after fresh U.S.-Iran strikes rekindled uncertainty over inflation and interest-rate expectations. The drop occurred even after reports that both sides had agreed to pause attacks and would meet for further talks. Persistent pressure from a strong dollar and elevated Treasury yields, coupled with firm U.S. inflatio…
Oil prices rose in early Asian trading following a weekend escalation in strikes between the U.S. and Iran that cast uncertainty over a nascent interim peace. Brent climbed modestly after recovering from a four-month low, while reports that both sides would meet in Qatar limited further gains. Supply improvements, including flows through the Strait…
Skyrocketing retail power prices and falling equipment costs have prompted a large-scale move to rooftop solar in the Philippines. Households and small businesses are accelerating purchases, driving record panel imports and pressuring installers and supply chains even as high upfront costs and credit access limit adoption for many.
A severe heatwave that began on June 20 pushed temperatures to 40C in parts of Europe while storms moved into other regions, contributing to travel and power disruptions. French authorities reported around 1,000 excess deaths tied to the heat, mainly among older people, and cautioned the toll could increase as more information from care homes and p…
Thousands of demonstrators were expected in Kraljevo a day after President Aleksandar Vucic said he would step down, opening the door to early presidential and parliamentary elections. The student-led protests, triggered by the late-2024 collapse of a concrete awning at a Novi Sad railway station that killed 16 people, have become a focal point for…
A helicopter owned by Saudi Aramco crashed at 6 a.m. local time in Ras Tanura on the kingdom's eastern coast, killing 14 nationals. The state news agency said the cause is unknown and that a full investigation has been launched. The crash comes days after Aramco restarted crude loadings at Ras Tanura following an almost four-month stoppage.
Mexican and U.S. officials on Saturday inaugurated a sterile fly production plant in Metapa de Dominguez, Chiapas, a joint project costing over $50 million that will eventually produce up to 100 million sterile flies per week. The facility is part of a cross-border response to a New World screwworm outbreak that began in Mexico in November 2024 and…
President Aleksandar Vucic said he will resign within weeks and has called for early presidential and parliamentary elections. His announcement follows a year-and-a-half of student-led anti-corruption demonstrations triggered by a fatal awning collapse in Novi Sad that killed 16 people. Vucic said he will support his Serbian Progressive Party in th…
