Commodities News

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

Exxon Gains After-Hours as Iran Tensions Lift Oil; BofA Raises Target
Commodities Rebecca Torres

Exxon Gains After-Hours as Iran Tensions Lift Oil; BofA Raises Target

Exxon Mobil shares advanced in after-hours trading Monday, tracking a surge in crude oil prices following military strikes in Iran. Bank of America increased its price target on the stock, highlighting supply disruption risks.

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Gold Gains on Middle East Strikes, Dollar Caps Rally
Commodities Rebecca Torres

Gold Gains on Middle East Strikes, Dollar Caps Rally

Gold prices advanced Monday following military strikes on Iran, though a rallying U.S. dollar limited the metal's upside. Market focus now shifts to key U.S. employment reports this week.

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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.

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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.

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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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