Commodities News
Commodity market news including oil prices, gold, silver, natural gas, and agricultural futures. Track supply, demand, and geopolitical price drivers.
Brent Crude Climbs Past $106 as Hormuz Tensions Keep Markets on Edge
Oil prices surged on Friday with Brent above $106 and WTI near $97, driven by heightened military tensions in the Strait of Hormuz. Weekly gains top 15%.
Gold Holds Near $4,700 as Oil Surge and Dollar Strength Weigh
Gold slipped 0.2% to $4,685.23 an ounce, heading for its first weekly drop in five weeks, as surging oil prices and a stronger dollar weighed on bullion.
Brent Crude Surpasses $103 as Iran Tensions Escalate and U.S. Inventories Tighten
Brent crude climbed above $103 as U.S.-Iran talks stalled and Iran seized ships in the Strait of Hormuz. U.S. fuel inventories dropped sharply, and exports set a record.
Gold Steadies Above $4,700 as Dollar Strength, Easing Iran Tensions Cap Gains Ahead of Fed
Gold holds near $4,700 as a stronger dollar and easing Iran tensions cap gains. Traders await US data and the Fed's April 28-29 meeting.
Natural Gas Futures Retreat as Robust Inventories Offset Export Strength
U.S. natural gas futures declined early Tuesday, retreating from a four-session rally, as substantial storage inventories outweighed strong liquefied natural gas export demand. Front-month prices traded around $2.67 per million British thermal units.
Brent Crude Retreats Under $95 Amid U.S.-Iran Diplomacy Focus
Oil prices declined Tuesday, with Brent crude slipping below $95 per barrel, as traders shifted focus to potential diplomatic talks between the U.S. and Iran. This comes despite a major ongoing supply disruption in the Strait of Hormuz.
Gold Retreats Despite Middle East Tensions as Dollar, Yields Climb
Gold prices declined on Monday, pressured by a stronger U.S. dollar and rising Treasury yields, even as geopolitical tensions flared in the Middle East. The precious metal erased last week's gains, with spot gold falling 0.4%.
Gold Retreats as Dollar Strength, Oil Surge Cloud $5,000 Outlook
Gold declined on Monday, pressured by a firmer U.S. dollar and a sharp jump in oil prices. The rally in crude, driven by renewed U.S.-Iran tensions, shifted market focus toward inflation risks, undermining bullion's traditional safe-haven appeal.
Brent Crude Surges 6% as Strait of Hormuz Tensions Escalate
Oil prices rebounded sharply Monday after a U.S. seizure of an Iranian vessel heightened fears over the Strait of Hormuz, a critical global oil chokepoint. Brent crude jumped over 6% to approximately $95.90 a barrel.
Gold Holds Near $4,830 as Hormuz Tensions Reignite Safe-Haven Demand
Spot gold traded at $4,829.40 an ounce ahead of the weekend, with prices pressured after Iran reversed course on reopening the Strait of Hormuz, reigniting safe-haven demand and inflation concerns.
Oil Markets on Edge as Hormuz Tensions Threaten Supply Flow
Crude oil futures fell sharply as shipping through the critical Strait of Hormuz faced renewed disruptions, with Brent closing at $90.38 and WTI at $83.85. The IEA reported a significant March supply drop.