Commodities News
Commodity market news including oil prices, gold, silver, natural gas, and agricultural futures. Track supply, demand, and geopolitical price drivers.
Gold Climbs Toward $4,400 as Inflation Data Bolsters Rate Hike Odds
Gold recovered toward $4,400 on Friday despite a hot inflation report that increased odds of a Fed rate hike. The metal's resilience suggests safe-haven demand remains strong ahead of the Fed's September meeting.
Saudi Pipeline Closure Heightens Oil Supply Worries
Saudi Arabia's East-West pipeline shutdown after attacks threatens oil supply, with Brent at $104.61. Investors await restart details.
Natural Gas Storage Glut Pressures Prices Below $3
U.S. natural gas storage is 148 Bcf above the five-year average, capping prices below $3. Supply growth and mild demand weigh, but rising LNG exports could tighten the market.
Canada's Gasoline Prices Dip 2.2 Cents, But Oil Stocks Face Bigger Tests
Canada's average gasoline price fell 2.2 cents, but investors should watch refining margins and crude prices, not just pump prices, for Suncor, Imperial, and Cenovus.
Brent Dips to $105 but Futures Curve Signals Persistent Supply Crunch
Brent crude slipped to $105 after an overnight spike, but a steep backwardation in the futures curve indicates supply remains scarce, keeping inflation and Fed policy in focus.
UK Fuel Prices Defy Oil Drop: Petrol at 169.1p, Diesel 190.9p
UK pump prices continue to climb, with petrol at 169.1p and diesel at 190.9p, even as Brent crude retreats. The lag between oil and forecourt prices keeps pressure on consumers.
Fuel Costs Surge: Wholesale Petrol Jumps 9c as Brent Tops $108
Wholesale petrol prices across Australia jumped 9 cents per litre in four days, with Brent crude at $108. This will hit motorists and transport stocks.
Diesel Tops $6 as Gasoline Hits $4.30: Inflation Risks Mount
Gasoline at $4.295 and diesel above $6 signal fresh inflation risks as crude's geopolitical premium overrides softer demand.
BWET Surges 108% in a Month: What This Tanker Futures ETF Really Holds
BWET ETF closed at $650, up 108% in a month, driven by surging tanker freight futures. Investors should understand it tracks shipping rates, not oil or tanker stocks.
GTA Fuel Prices Split: Gasoline Drops, Diesel Surges in Market Signal
Toronto-area gasoline falls 7 cents Friday, but diesel's 9-cent jump highlights supply-chain cost pressures. The divergence is a key signal for investors watching inflation and energy stocks.
