Commodities News
Commodity market news including oil prices, gold, silver, natural gas, and agricultural futures. Track supply, demand, and geopolitical price drivers.
Oil Prices Surge Toward $70 Amid Iran Tensions, Overshadowing Large U.S. Inventory Build
Brent crude futures rallied nearly 2% to $70.02 a barrel as geopolitical risks from U.S.-Iran tensions outweighed a significant 8.5 million barrel increase in U.S. crude stocks. Traders await key reports from the IEA and OPEC+ discussions.
Distillate Drawdown Fuels Heating Oil Rally Amid Crude Inventory Surge
Heating oil futures surged 2.6% as EIA data revealed a sharp 2.7 million barrel decline in distillate stocks, tightening diesel supplies despite a large crude inventory build.
Gold Retreats from Session Highs as Strong Jobs Data Tempers Rate Cut Expectations
Gold prices pared earlier gains Wednesday after a robust U.S. employment report reduced the likelihood of an imminent Federal Reserve interest rate cut. Silver posted a stronger rebound, climbing over 3%.
Gold Retreats Below $5,100 as Traders Await U.S. Economic Data
Gold prices declined on Tuesday, with spot metal falling 1% to $5,014 per ounce, as investors reduced positions ahead of key U.S. employment and inflation reports. Silver dropped more than 3%.
Silver Retreats 3% Ahead of Key U.S. Economic Data, Supply Deficit Looms
Spot silver fell over 3% Tuesday as traders brace for upcoming U.S. jobs and inflation reports. The Silver Institute forecasts a sixth consecutive annual supply deficit for 2026.
Exxon Retreats from 52-Week Peak as Oil Prices Stabilize Ahead of Key Data
Exxon Mobil shares pulled back 0.5% after reaching a fresh 52-week high, with oil prices steady as traders await U.S. inventory figures and economic reports. The energy sector remains sensitive to geopolitical tensions and demand outlook.
Gold Retreats as Dollar Firms, Equities Rise; Traders Eye U.S. Jobs, Inflation Data
Gold prices declined on Tuesday, pressured by a stronger U.S. dollar and improved risk sentiment in equity markets. Market focus now shifts to upcoming U.S. employment and consumer price reports for clues on the Federal Reserve's interest rate path.
Natural Gas Futures Extend Slide on Warm Weather, Williams Gains on Upbeat Outlook
U.S. natural gas futures fell for a second session as mild forecasts dampened demand. Williams Companies shares climbed after the pipeline operator raised its 2026 profit forecast and dividend.
Silver Retreats Near $82 as Traders Await U.S. Jobs, Inflation Data
Silver prices declined about 1.5% to $82.03 an ounce Tuesday, with the iShares Silver Trust ETF falling 2.3%, as markets braced for key U.S. employment and consumer price reports later this week.
Gold Holds Above $5,000 as Traders Await Key U.S. Economic Data
Gold prices eased slightly but remained above the $5,000 per ounce threshold as investors awaited U.S. retail sales, jobs, and inflation reports. The precious metal remains volatile after recent record highs.
Lithium Prices Steady Amid Sluggish Chinese Demand; Miners Secure Floor-Price Contracts
Spot lithium carbonate prices in China held near 136,000 yuan per ton as buying activity slowed. Australian miner PLS Group signed a two-year supply deal with Canmax Technologies featuring a $1,000 per ton floor price.