Commodities News

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

Gold Gains on Middle East Strikes, Dollar Caps Rally Ahead of Jobs Data
Commodities Rebecca Torres

Gold Gains on Middle East Strikes, Dollar Caps Rally Ahead of Jobs Data

Spot gold advanced 0.4% to $5,297.31 an ounce as geopolitical tensions spurred safe-haven demand, though dollar strength limited the rally. Focus shifts to key U.S. employment reports this week.

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SLB Shares Hold Steady Despite Oil Price Surge on Middle East Tensions
Commodities Rebecca Torres

SLB Shares Hold Steady Despite Oil Price Surge on Middle East Tensions

SLB shares closed flat at $51.34 as oilfield services stocks lagged a crude rally driven by Middle East supply fears. Market focus shifts to potential changes in producer spending and SLB's upcoming quarterly results.

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SLB Shares Hold Steady Amid Oil Price Surge, Market Eyes Spending Signals
Commodities Rebecca Torres

SLB Shares Hold Steady Amid Oil Price Surge, Market Eyes Spending Signals

SLB Ltd.'s stock showed minimal movement, closing at $51.34, even as oil prices jumped due to Middle East supply disruptions. The market is focused on whether higher crude will translate into increased capital expenditure by energy producers.

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Qatar LNG Disruption Sparks Global Energy Market Turmoil
Commodities Rebecca Torres

Qatar LNG Disruption Sparks Global Energy Market Turmoil

QatarEnergy suspended liquefied natural gas production following drone strikes on key facilities, triggering a surge in European gas prices and major shipping disruptions near the Strait of Hormuz.

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Qatar LNG Suspension Sparks Global Energy Crisis as Hormuz Chokepoint Clogs
Commodities Rebecca Torres

Qatar LNG Suspension Sparks Global Energy Crisis as Hormuz Chokepoint Clogs

QatarEnergy suspended liquefied natural gas production following drone strikes on key facilities, triggering a 40% spike in European gas prices. Approximately 150 vessels are stranded near the Strait of Hormuz after marine insurers withdrew war-risk coverage.

UNG USO XLE
ConocoPhillips Rises on Oil Price Spike Amid Middle East Tensions
Commodities Rebecca Torres

ConocoPhillips Rises on Oil Price Spike Amid Middle East Tensions

ConocoPhillips shares climbed alongside a sharp rise in oil prices after military actions in the Middle East disrupted supply. Market focus shifts to tanker flows through the Strait of Hormuz and upcoming U.S. inventory data.

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ConocoPhillips Rises as Middle East Tensions Fuel Oil Price Surge
Commodities Rebecca Torres

ConocoPhillips Rises as Middle East Tensions Fuel Oil Price Surge

ConocoPhillips shares advanced alongside a sharp rally in oil prices following military strikes in the Middle East that disrupted supply routes. Market focus shifts to tanker movements through the Strait of Hormuz.

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Oil Soars on Strait of Hormuz Disruption; Insurance Deadline Looms
Commodities Rebecca Torres

Oil Soars on Strait of Hormuz Disruption; Insurance Deadline Looms

Brent crude oil prices surged over 6% as geopolitical tensions disrupted tanker traffic through the critical Strait of Hormuz. The market faces a key deadline as marine insurers cancel war-risk coverage.

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Oil Soars on Strait of Hormuz Disruption; Insurance Deadline Looms
Commodities Rebecca Torres

Oil Soars on Strait of Hormuz Disruption; Insurance Deadline Looms

Brent crude oil prices surged over 6% as maritime disruptions near the Strait of Hormuz and a key insurance deadline threaten global energy supplies.

USO XLE
Geopolitical Tensions Drive Oil Price Surge, Straits Disruption Slashes Exports
Commodities Rebecca Torres

Geopolitical Tensions Drive Oil Price Surge, Straits Disruption Slashes Exports

Oil prices jumped sharply Monday as military actions and retaliatory Gulf shutdowns disrupted critical shipping lanes. Brent crude futures gained 5.5% to $76.91, with exports through the Strait of Hormuz plummeting.

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Oil Surges on Strait of Hormuz Disruption, Risk Premiums Soar
Commodities Rebecca Torres

Oil Surges on Strait of Hormuz Disruption, Risk Premiums Soar

Oil prices surged Monday as geopolitical tensions disrupted shipping through the critical Strait of Hormuz, with Brent crude gaining 5.5%. Analysts warn prices could exceed $100 if disruptions persist.

USO XLE
Qatar LNG Disruption Sparks Global Gas Price Surge
Commodities Rebecca Torres

Qatar LNG Disruption Sparks Global Gas Price Surge

Natural gas markets experienced significant volatility as Qatar suspended LNG operations following regional attacks, driving up prices globally. Traders are monitoring Gulf shipping and awaiting Thursday's U.S. storage report.

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