Commodities News

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

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
Chevron Gains as Middle East Attacks Drive Oil Price Surge
Commodities Rebecca Torres

Chevron Gains as Middle East Attacks Drive Oil Price Surge

Chevron shares advanced approximately 4% in Monday's premarket session as Brent crude surged up to 13% following attacks on Middle Eastern energy facilities and shipping routes, raising supply concerns.

CVX XLE USO
Fresnillo Stock Climbs Despite Valuation Concerns Ahead of Earnings
Commodities Rebecca Torres

Fresnillo Stock Climbs Despite Valuation Concerns Ahead of Earnings

Fresnillo shares gained 1.1% in early London trading, continuing a strong 2024 rally. Valuation models suggest the stock may be significantly overvalued as investors await full-year results.

SLV GLD
Rio Tinto Gains in London Despite Iron Ore Weakness Ahead of China Policy Meetings
Commodities Rebecca Torres

Rio Tinto Gains in London Despite Iron Ore Weakness Ahead of China Policy Meetings

Rio Tinto's London-listed shares advanced 0.6% to 7,379 pence, even as iron ore futures declined in Asia. Market attention is centered on China's upcoming policy meetings and Rio's ex-dividend date on March 5.

RIO BHP GLD FXI MCHI
Rio Tinto Gains in London Despite Iron Ore Weakness Ahead of China Policy Meetings
Commodities Rebecca Torres

Rio Tinto Gains in London Despite Iron Ore Weakness Ahead of China Policy Meetings

Rio Tinto's London-listed shares advanced 0.6% to 7,379 pence, even as iron ore futures declined in Asia. Market focus is on China's upcoming policy meetings and Rio's ex-dividend date.

RIO BHP GLD FXI MCHI XLE