Commodities News

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

Petrobras Shares Extend Rally on Oil Price Surge; Q4 Results Loom
Commodities Rebecca Torres

Petrobras Shares Extend Rally on Oil Price Surge; Q4 Results Loom

Petrobras shares climbed for a third session as Brent crude surged past $83 per barrel. The company's fuel pricing strategy and upcoming fourth-quarter earnings on March 5 are key investor focuses.

USO
Venture Global Surges on Qatar LNG Halt, Posts Strong Q4
Commodities Rebecca Torres

Venture Global Surges on Qatar LNG Halt, Posts Strong Q4

Venture Global shares surged in premarket trading following a Qatar LNG production halt that tightened global gas markets. The company also reported robust fourth-quarter earnings.

LNG
Battalion Oil Holds Gains After 114% Surge as Strait of Hormuz Tensions Fuel Oil Rally
Commodities Rebecca Torres

Battalion Oil Holds Gains After 114% Surge as Strait of Hormuz Tensions Fuel Oil Rally

Battalion Oil shares steadied in premarket trading after a massive 114% rally, mirroring a sharp rise in oil prices driven by escalating Middle East tensions and shipping disruptions near the Strait of Hormuz.

BATL USO XLE
Rio Tinto Shares Slide on Geopolitical Tensions, Company Advances Projects
Commodities Rebecca Torres

Rio Tinto Shares Slide on Geopolitical Tensions, Company Advances Projects

Rio Tinto shares declined more than 2% in early London trading, pressured by broader market losses amid heightened Middle East tensions. The company simultaneously moved forward with a major mineral sands restart and a critical minerals pilot plant.

RIO BHP USO XLE FXI
Shell Gains as Oil Rises on Middle East Tensions; Legal Setback Noted
Commodities Rebecca Torres

Shell Gains as Oil Rises on Middle East Tensions; Legal Setback Noted

Shell's stock advanced as Brent crude climbed for a third session due to escalating Middle East tensions. Separately, the company lost a legal bid to overturn an arbitration award in an LNG contract dispute.

SHEL BP USO XLE
Shell Gains as Oil Rises on Middle East Tensions; Legal Setback Noted
Commodities Rebecca Torres

Shell Gains as Oil Rises on Middle East Tensions; Legal Setback Noted

Shell's stock edged higher Tuesday, tracking a rally in oil prices driven by Middle East supply concerns. Separately, a New York judge rejected Shell's attempt to overturn an arbitration loss in a dispute with LNG producer Venture Global.

SHEL BP USO XLE
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
Commodities Rebecca Torres

PLS Group Shares Tumble 6.8% Amid Broad Lithium Sector Retreat

PLS Group Limited shares declined 6.8% to A$4.80, snapping a recent advance and falling below the A$5 level. The drop coincided with a broader retreat in lithium stocks amid heightened market volatility.

GLD
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 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