Commodities News
Commodity market news including oil prices, gold, silver, natural gas, and agricultural futures. Track supply, demand, and geopolitical price drivers.
Gold Holds Near $4,500 as Fed Rate Bets and Oil Risks Weigh
Gold closed near $4,500 an ounce, logging a second weekly loss as renewed Fed rate-hike expectations and oil-related inflation concerns offset safe-haven demand.
Brent Crude Surges Past $105 on Hormuz Supply Concerns
Brent crude rose 3.2% to $105.88 on Friday as traders doubted a swift U.S.-Iran deal would restore oil flows through the Strait of Hormuz. The IEA warned of a potential supply red zone by August.
Exxon and Chevron Warn of Unpriced Hormuz Disruption Risks as Oil Reserves Drain
Exxon and Chevron warn oil markets haven't fully absorbed the Strait of Hormuz disruption. U.S. emergency reserves hit a record low, while Brent crude settled at $111.28.
US LNG Dominance Raises New European Energy Security Alarms
Europe is set to source two-thirds of its LNG from the US in 2026, prompting concerns over swapping one supplier dependency for another, IEEFA data shows.
Sanctions Waiver Hints Send Oil Lower, Bonds Steady Amid Strait of Hormuz Crisis
Oil prices fell Monday after reports the U.S. may offer Iran a temporary sanctions waiver, easing earlier panic over the closed Strait of Hormuz. Brent crude dropped below $108, while the 10-year Treasury yield hit 4.631%.
Vale Outperforms Slumping Brazil Market on Iron Ore Strength
Vale shares rose 0.76% in São Paulo on Friday, outperforming the falling Ibovespa, as iron ore prices held near 52-week highs and the company projected $1.5 billion in additional free cash flow from its iron ore unit in 2026.
Dorchester Minerals Gains as Oil Prices Rally Amid Market Uncertainty
Dorchester Minerals units closed Friday at $27.66, up 1.6%, as oil prices rallied. The partnership reported first-quarter earnings and annual meeting results.
Brent Crude Breaches $109 as Strait of Hormuz Tensions Fuel Weekly Gains
Brent crude ended the week at $109.26, WTI at $105.42, both up over 7%. Ongoing Strait of Hormuz disruptions and a 250 million barrel drop in global inventories have traders focused on next week's U.S.-Iran talks and inventory data.