Commodities News

Commodity market news including oil prices, gold, silver, natural gas, and agricultural futures. Track supply, demand, and geopolitical price drivers.

Sunrise Energy Metals shares decline following Syerston project update
Commodities Rebecca Torres

Sunrise Energy Metals shares decline following Syerston project update

Sunrise Energy Metals Ltd shares dropped 3.6% to A$7.69 after publishing an updated feasibility study for its Syerston scandium project, with development capital estimated at US$120 million.

SRL
Sunrise Energy Metals Shares Dip on Updated Syerston Scandium Project Study
Commodities Rebecca Torres

Sunrise Energy Metals Shares Dip on Updated Syerston Scandium Project Study

Sunrise Energy Metals Ltd (ASX:SRL) shares declined following the release of an updated feasibility study for its Syerston scandium project, which outlines a US$120 million capital requirement and a mid-2028 production target.

SRL
Santos Rises on Oil Rally, Sets Dividend FX Rates
Commodities Rebecca Torres

Santos Rises on Oil Rally, Sets Dividend FX Rates

Santos Ltd. shares advanced alongside a surge in oil prices driven by escalating Middle East tensions. The energy producer also confirmed foreign exchange rates for its upcoming US-dollar dividend payment.

GLD
Santos Rises on Oil Rally; Dividend FX Rates Confirmed
Commodities Rebecca Torres

Santos Rises on Oil Rally; Dividend FX Rates Confirmed

Santos Ltd shares advanced on Tuesday, buoyed by a third consecutive surge in crude oil prices driven by escalating Middle East tensions. The energy producer also finalized foreign exchange rates for its upcoming US-dollar denominated final dividend.

USO
Fortescue Leads Iron Ore Slump as China Data, Shipping Risks Weigh
Commodities Rebecca Torres

Fortescue Leads Iron Ore Slump as China Data, Shipping Risks Weigh

Fortescue Metals Group underperformed major miners, dropping 4.49% as iron ore prices softened. Market attention turns to China's manufacturing data and annual policy announcements, with shipping risks adding pressure.

BHP RIO FXI GLD USO
Fortescue Leads ASX Decline Amid Iron Ore Volatility, China Data Awaited
Commodities Rebecca Torres

Fortescue Leads ASX Decline Amid Iron Ore Volatility, China Data Awaited

Fortescue Metals Group underperformed major mining peers on Tuesday, falling 4.49% to A$19.58. The decline comes amid choppy iron ore markets and anticipation of critical Chinese manufacturing data and policy targets.

BHP RIO FXI GLD USO XLE
ConocoPhillips Leads Energy Rally as Middle East Tensions Fuel Oil Surge
Commodities Rebecca Torres

ConocoPhillips Leads Energy Rally as Middle East Tensions Fuel Oil Surge

ConocoPhillips shares climbed 4.2% to $118.24, leading U.S. energy stocks higher as Brent crude oil prices surged 6.7% to $77.74 per barrel amid escalating Middle East tensions and supply disruptions.

COP XOM CVX XLE USO
ConocoPhillips Leads Energy Rally as Middle East Tensions Spike Oil
Commodities Rebecca Torres

ConocoPhillips Leads Energy Rally as Middle East Tensions Spike Oil

ConocoPhillips shares climbed 4.2% to $118.24, leading U.S. oil majors higher after Brent crude surged 6.7% to $77.74 a barrel due to Middle East supply disruptions. The U.S. government is expected to announce measures Tuesday to address the price shock.

COP XOM CVX XLE USO
Exxon Gains After-Hours as Iran Tensions Lift Oil; BofA Raises Target
Commodities Rebecca Torres

Exxon Gains After-Hours as Iran Tensions Lift Oil; BofA Raises Target

Exxon Mobil shares advanced in after-hours trading Monday, tracking a surge in crude oil prices following military strikes in Iran. Bank of America increased its price target on the stock, highlighting supply disruption risks.

XOM CVX COP USO XLE
Gold Gains on Middle East Strikes, Dollar Caps Rally
Commodities Rebecca Torres

Gold Gains on Middle East Strikes, Dollar Caps Rally

Gold prices advanced Monday following military strikes on Iran, though a rallying U.S. dollar limited the metal's upside. Market focus now shifts to key U.S. employment reports this week.

GLD
Gold Gains on Middle East Strikes, Dollar Caps Rally Ahead of Jobs Data
Commodities Rebecca Torres

Gold Gains on Middle East Strikes, Dollar Caps Rally Ahead of Jobs Data

Spot gold advanced 0.4% to $5,297.31 an ounce as geopolitical tensions spurred safe-haven demand, though dollar strength limited the rally. Focus shifts to key U.S. employment reports this week.

GLD SLV
SLB Shares Hold Steady Despite Oil Price Surge on Middle East Tensions
Commodities Rebecca Torres

SLB Shares Hold Steady Despite Oil Price Surge on Middle East Tensions

SLB shares closed flat at $51.34 as oilfield services stocks lagged a crude rally driven by Middle East supply fears. Market focus shifts to potential changes in producer spending and SLB's upcoming quarterly results.

SLB XOM CVX HAL BKR USO