Commodities News
Commodity market news including oil prices, gold, silver, natural gas, and agricultural futures. Track supply, demand, and geopolitical price drivers.
Geopolitical Tensions Fuel Oil Volatility, Brent Holds Above $112
Oil prices remained elevated with Brent crude settling at $112.57 and WTI at $99.64, driven by supply risks from the Strait of Hormuz. India flagged economic headwinds while Egypt implemented fuel rationing measures.
Global LNG Squeeze Widens Price Gap, U.S. Exports Surge
U.S. natural gas futures climbed over 2% this week, but prices remain far below European and Asian benchmarks as robust LNG export demand and international supply shocks strain global markets.
Gold Recovers from Four-Month Low Amid Fed Uncertainty, Oil Volatility
Gold surged 2.6% Friday to $4,491.78 per ounce, recovering from a four-month low of $4,097.99 reached Monday. The precious metal experienced significant volatility throughout the week amid shifting expectations for Federal Reserve policy and fluctuating oil prices.
Silver Volatility Persists as Market Weighs Fed Policy, Geopolitical Risks
Spot silver finished the week at $69.54 per ounce following significant intraweek swings, remaining 43% below its January peak. Traders await key U.S. economic data and monitor geopolitical developments for direction.
U.S. Natural Gas Holds at $3 Amid Strong LNG Exports, Storage Draw
U.S. natural gas futures traded near $3 per mmBtu Friday, supported by a significant storage draw and robust LNG export activity. Prices remain disconnected from much higher global benchmarks.
Silver Surges 4% in Rebound, Yet Structural Deficits and Volatility Loom
Silver rebounded sharply on Friday, climbing over 4% to $71.01 per ounce after a 5% drop, with broader precious metals also rallying. However, prices remain far below January's peak amid persistent supply deficits and demand concerns.
Gold Surges 3.6% as Geopolitical Tensions, Inflation Fears Spark Rebound
Gold prices rallied sharply on Friday, climbing 3.6% as buyers returned after a steep selloff. The rebound follows a volatile week driven by war headlines and shifting U.S. Federal Reserve policy forecasts.
European Gas Storage Rush Sparks Price Rally, Lifts LNG Stocks
European natural gas prices have jumped more than 70% since late February after the European Commission called for an early start to refilling storage. Tight global LNG supply is supporting high prices and boosting shares of key U.S. exporters.
Silver Plunges Over 3% as Dollar Strength, Oil Rally Pressure Metals
Spot silver dropped 3.2% to $68.97 an ounce, erasing prior gains amid a firmer dollar and surging oil prices. The broader precious metals complex also declined.
Gold Retreats as Dollar Strength, Oil Spike Dampen Fed Easing Bets
Gold declined sharply on Thursday, with spot prices dropping 1.1% to $4,455.51 an ounce. The sell-off was driven by a firmer U.S. dollar and rising oil prices, which reduced market expectations for near-term Federal Reserve interest rate cuts.