Commodities News

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

Sasol Surges on Oil Price Spike Amid Geopolitical Tensions
Commodities Rebecca Torres

Sasol Surges on Oil Price Spike Amid Geopolitical Tensions

Sasol Ltd advanced sharply as Brent crude oil prices surged to levels not seen since January 2025, driven by geopolitical tensions. The stock reached a 52-week high before paring gains.

USO
Sasol Surges on Oil Price Spike Amid Middle East Tensions
Commodities Rebecca Torres

Sasol Surges on Oil Price Spike Amid Middle East Tensions

Sasol Ltd. shares advanced sharply as Brent crude oil prices surged to a 13-month high amid Middle East supply concerns. The South African energy and chemicals firm also faces an arbitration ruling in an ethylene pricing dispute.

USO
Sasol Rallies on Oil Price Surge Amid Middle East Tensions
Commodities Rebecca Torres

Sasol Rallies on Oil Price Surge Amid Middle East Tensions

Sasol Ltd shares advanced sharply as geopolitical tensions drove oil prices higher, though the rally faced headwinds from a weaker rand and an adverse arbitration ruling.

USO
Chevron Approaches $200 Amid Oil Supply Fears, Analyst Valuations Diverge Widely
Commodities Rebecca Torres

Chevron Approaches $200 Amid Oil Supply Fears, Analyst Valuations Diverge Widely

Chevron shares climbed in premarket trading as crude oil surged due to escalating Middle East tensions, pushing the stock toward the $200 threshold. Analyst price targets for CVX show extreme divergence, spanning from $126 to $233 per share.

CVX XOM COP OXY USO XLE
Battalion Oil Soars 70% Premarket on Iran Conflict-Driven Crude Spike
Commodities Rebecca Torres

Battalion Oil Soars 70% Premarket on Iran Conflict-Driven Crude Spike

Battalion Oil shares skyrocketed approximately 72% in premarket trading Monday following a sharp rise in crude oil prices driven by escalating Middle East tensions and shipping risks.

BATL USO XLE
Battalion Oil Soars 70% Premarket on Iran Conflict, Crude Spike
Commodities Rebecca Torres

Battalion Oil Soars 70% Premarket on Iran Conflict, Crude Spike

Battalion Oil shares skyrocketed more than 70% in premarket trading Monday, mirroring a sharp spike in crude oil prices driven by escalating Middle East conflict and related shipping disruptions.

BATL USO XLE
Shell Leads Energy Rally as Middle East Tensions Spike Oil, Gas Prices
Commodities Rebecca Torres

Shell Leads Energy Rally as Middle East Tensions Spike Oil, Gas Prices

Shell plc climbed roughly 3% in London, tracking a sharp rise in oil and gas prices driven by fears of shipping disruptions near the Strait of Hormuz. European energy stocks broadly advanced.

SHEL BP USO UNG XLE
Indonesia Energy Soars 40% Premarket Amid Oil Price Spike
Commodities Rebecca Torres

Indonesia Energy Soars 40% Premarket Amid Oil Price Spike

Indonesia Energy shares jumped 40% in premarket action Monday, extending Friday's 22% rally as oil prices climbed on Middle East supply concerns. Traders are watching whether the gains hold at the open.

INDO USO XLE
Indonesia Energy Soars 40% Premarket Amid Oil Price Spike
Commodities Rebecca Torres

Indonesia Energy Soars 40% Premarket Amid Oil Price Spike

Indonesia Energy Corporation shares jumped approximately 40% in premarket activity Monday, extending Friday's 22% gain as oil prices climbed on supply concerns. Market participants are watching whether the rally sustains through the regular session opening.

INDO USO XLE
Occidental Petroleum Surges on Oil Price Spike, Bond Tender in Focus
Commodities Rebecca Torres

Occidental Petroleum Surges on Oil Price Spike, Bond Tender in Focus

Occidental Petroleum shares climbed more than 6% in premarket trading Monday, tracking a sharp rise in oil prices following Middle East disruptions. Investors are also focused on a March 4 early tender deadline for the company's debt buyback offers.

OXY USO XLE BRK.B
Occidental Petroleum Surges on Oil Price Spike, Bond Tender in Focus
Commodities Rebecca Torres

Occidental Petroleum Surges on Oil Price Spike, Bond Tender in Focus

Occidental Petroleum shares rallied sharply in premarket trading Monday, mirroring a surge in oil prices driven by escalating Middle East tensions. Investors are also focused on an early tender deadline for the company's debt buyback offer.

OXY USO XLE BRK.B
Chevron Rises on Supply Fears as Middle East Attacks Disrupt Oil, Gas Output
Commodities Rebecca Torres

Chevron Rises on Supply Fears as Middle East Attacks Disrupt Oil, Gas Output

Chevron shares advanced roughly 4% in premarket trading Monday after fresh attacks on Middle Eastern energy infrastructure sent crude prices soaring and heightened supply concerns.

CVX XOM XLE USO