Commodities News
Commodity market news including oil prices, gold, silver, natural gas, and agricultural futures. Track supply, demand, and geopolitical price drivers.
Oil Prices Steady Near $95 Amid Hormuz Disruption, Shifting Demand Forecasts
Oil futures showed minimal movement, with Brent crude holding near $95 per barrel, as constrained tanker traffic through the Strait of Hormuz provided a floor against diplomatic optimism. Major agencies revised their demand forecasts lower.
European Gas Prices Retreat Amid Lingering Supply Fears
European natural gas prices declined Wednesday, easing from recent highs driven by Middle East supply concerns. The EU warned prolonged Strait of Hormuz disruptions could trigger fresh price spikes.
Silver Holds Near $79 Amid Persistent Supply Deficit Concerns
Spot silver edged lower to $79.40 per ounce, consolidating after a recent rally. The market faces ongoing tightness with a projected 46.3-million-ounce deficit for 2026, continuing a multi-year trend of supply shortfalls.
Gold Retreats from One-Month Peak as Dollar Strengthens, Rate Bets Dim
Gold prices pulled back from a one-month high on Wednesday, with spot bullion dropping 0.9% as a firmer U.S. dollar and reduced expectations for Federal Reserve rate cuts pressured the metal.
Cocoa, Coffee, and Sugar Rally Amid Supply Shocks and Dollar Weakness
Commodity markets saw significant moves with cocoa, coffee, and sugar prices climbing due to supply constraints and a weaker dollar. Equities in India and Hong Kong rallied on easing geopolitical tensions.
Mild Weather Dampens Global Natural Gas Demand, Pressuring Prices
Natural gas prices declined in the U.S. and Europe on Tuesday, pressured by mild weather reducing heating demand and ample storage levels. U.S. spot prices in Texas remained negative for a historic 47th consecutive day.
Silver Soars 5% on Dollar Weakness, Renewed Iran Negotiation Hopes
Silver prices jumped over 5% Tuesday, climbing above $79 per ounce, driven by a weaker U.S. dollar and declining oil prices as traders anticipated renewed diplomatic discussions between the U.S. and Iran.
Gold Surges Past $4,800 as Dollar Weakens, Oil Retreats on Diplomatic Hopes
Spot gold climbed 1.5% to $4,808.69 per ounce Tuesday, propelled by a weaker dollar and declining oil prices amid renewed hopes for diplomatic talks between the U.S. and Iran.
Gold Holds Near $4,760 as Geopolitical Tensions Counter Dollar Weakness
Gold consolidated near $4,760 an ounce following a third consecutive weekly advance. Prices found support from a falling U.S. dollar but faced headwinds from stalled Iran negotiations and persistent inflation concerns.
Oil Prices Rally on Strait of Hormuz Bottleneck Despite Truce
Oil prices climbed Thursday as traffic through the critical Strait of Hormuz stayed severely constrained, with only seven vessels transiting in 24 hours. Brent crude rose 1% to $95.65, while WTI surged 3.2% to $97.39.
European Gas Prices Steady Near €44 as Supply Fears Ease
European natural gas prices stabilized near 44 euros per megawatt-hour as the EU downplayed immediate supply threats. Goldman Sachs revised its price forecast lower, citing potential for volatility if shipping disruptions persist.