Commodities News

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

Valero's Port Arthur Refinery Incident Sparks Supply Concerns Amid Geopolitical Tensions
Commodities Rebecca Torres

Valero's Port Arthur Refinery Incident Sparks Supply Concerns Amid Geopolitical Tensions

Emergency crews responded to an incident at Valero Energy's Port Arthur refinery Monday evening, with reports of flames and smoke. The facility processes 435,000 barrels daily, making any extended outage significant for fuel supplies.

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BP Shares Slide as Crude Plunge Erases Refinery Sale Gains
Commodities Rebecca Torres

BP Shares Slide as Crude Plunge Erases Refinery Sale Gains

BP shares declined 4.2% in London trading after Brent crude prices fell 10.9% to $99.94 per barrel. The drop offset recent gains driven by the company's refinery sale and cost-cutting initiatives.

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Denison Mines Advances Phoenix Uranium Project as Shares Climb
Commodities Rebecca Torres

Denison Mines Advances Phoenix Uranium Project as Shares Climb

Denison Mines shares gained 3% as the company moves from permitting to construction at its Phoenix in-situ recovery uranium project. The mine is Canada's first major uranium construction approval in over two decades.

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B2Gold Shares Recover Amid Gold Price Weakness, Faces 2026 Cost Pressures
Commodities Rebecca Torres

B2Gold Shares Recover Amid Gold Price Weakness, Faces 2026 Cost Pressures

B2Gold Corp shares gained nearly 4% Monday, rebounding from last week's selloff. The miner forecasts lower 2026 production and higher costs while navigating a leadership transition and regulatory shifts in Mali.

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Venture Global Negotiates Settlements Amid New LNG Deal, Market Volatility
Commodities Rebecca Torres

Venture Global Negotiates Settlements Amid New LNG Deal, Market Volatility

Venture Global stock closed nearly unchanged at $15.80 after CEO Mike Sabel revealed settlement talks with major customers and a new LNG agreement with Vitol. The company faces legal challenges and market volatility from Middle East supply disruptions.

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Coeur Mining Unveils Post-Acquisition Outlook, Launches $750M Buyback
Commodities Rebecca Torres

Coeur Mining Unveils Post-Acquisition Outlook, Launches $750M Buyback

Coeur Mining shares advanced after the company issued its first combined production forecast following the New Gold acquisition, alongside a major capital return program.

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Crude Oil Tumbles on De-escalation Hopes, Equities Rally
Commodities Rebecca Torres

Crude Oil Tumbles on De-escalation Hopes, Equities Rally

Oil prices dropped sharply as the U.S. delayed military action against Iran, easing immediate supply fears. Major equity indices rebounded strongly.

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European Gas Volatility Continues as Qatar LNG Outage Sparks Supply Scramble
Commodities Rebecca Torres

European Gas Volatility Continues as Qatar LNG Outage Sparks Supply Scramble

European natural gas prices whipsawed, settling lower despite a persistent supply shock from Qatar. Italy is securing alternative supplies as Cheniere Energy reports operating at maximum capacity.

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Silver Surges Past $70 on Geopolitical Relief, Dollar Weakness
Commodities Rebecca Torres

Silver Surges Past $70 on Geopolitical Relief, Dollar Weakness

Spot silver climbed 3.3% to $70.01 an ounce Monday after a delay in U.S. strikes on Iran eased immediate tensions, boosting metals and pressuring the dollar.

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Gold Recovers From Multi-Month Low as Geopolitical Tensions Ease
Commodities Rebecca Torres

Gold Recovers From Multi-Month Low as Geopolitical Tensions Ease

Bullion staged a partial recovery Monday after hitting its lowest level in four months, as delayed U.S. military action against Iran tempered a steep selloff. Spot gold settled 0.4% lower at $4,470.36 an ounce.

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Silver Plunges Below $62 as Rate Fears, Oil Surge Pressure Metals
Commodities Rebecca Torres

Silver Plunges Below $62 as Rate Fears, Oil Surge Pressure Metals

Silver prices collapsed nearly 9% to $61.76 per ounce Monday, with gold also dropping sharply, as surging oil and hawkish rate expectations triggered a broad selloff in precious metals.

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Gold Plunges to 2026 Low Amid Hawkish Central Bank Shift
Commodities Rebecca Torres

Gold Plunges to 2026 Low Amid Hawkish Central Bank Shift

Spot gold tumbled 5.8% to $4,226.16 an ounce, its lowest level this year, as investors priced in potential Fed rate hikes. The precious metal has declined for nine consecutive sessions.

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