Commodities News
Commodity market news including oil prices, gold, silver, natural gas, and agricultural futures. Track supply, demand, and geopolitical price drivers.
Chevron Shares Slide Amid Oil Price Volatility and Strait of Hormuz Tensions
Chevron shares declined Friday as oil prices dropped sharply following a temporary reopening of the Strait of Hormuz. However, renewed tensions and reported gunfire at the vital waterway have reignited supply concerns ahead of Monday's trading session.
Gold Eyes Fourth Weekly Gain as Dollar Weakens, Diplomatic Moves Eyed
Gold is set for a fourth straight weekly advance, trading near $4,784 an ounce as a weaker U.S. dollar supports the metal. Investors are monitoring diplomatic efforts between the U.S. and Iran, alongside a Lebanon-Israel ceasefire.
Oil Prices Steady Near $95 Amid Hormuz Disruption, Shifting Demand Forecasts
Oil futures showed minimal movement, with Brent crude holding near $95 per barrel, as constrained tanker traffic through the Strait of Hormuz provided a floor against diplomatic optimism. Major agencies revised their demand forecasts lower.
European Gas Prices Retreat Amid Lingering Supply Fears
European natural gas prices declined Wednesday, easing from recent highs driven by Middle East supply concerns. The EU warned prolonged Strait of Hormuz disruptions could trigger fresh price spikes.
Silver Holds Near $79 Amid Persistent Supply Deficit Concerns
Spot silver edged lower to $79.40 per ounce, consolidating after a recent rally. The market faces ongoing tightness with a projected 46.3-million-ounce deficit for 2026, continuing a multi-year trend of supply shortfalls.
Gold Retreats from One-Month Peak as Dollar Strengthens, Rate Bets Dim
Gold prices pulled back from a one-month high on Wednesday, with spot bullion dropping 0.9% as a firmer U.S. dollar and reduced expectations for Federal Reserve rate cuts pressured the metal.
Cocoa, Coffee, and Sugar Rally Amid Supply Shocks and Dollar Weakness
Commodity markets saw significant moves with cocoa, coffee, and sugar prices climbing due to supply constraints and a weaker dollar. Equities in India and Hong Kong rallied on easing geopolitical tensions.
Mild Weather Dampens Global Natural Gas Demand, Pressuring Prices
Natural gas prices declined in the U.S. and Europe on Tuesday, pressured by mild weather reducing heating demand and ample storage levels. U.S. spot prices in Texas remained negative for a historic 47th consecutive day.
Silver Soars 5% on Dollar Weakness, Renewed Iran Negotiation Hopes
Silver prices jumped over 5% Tuesday, climbing above $79 per ounce, driven by a weaker U.S. dollar and declining oil prices as traders anticipated renewed diplomatic discussions between the U.S. and Iran.
Gold Surges Past $4,800 as Dollar Weakens, Oil Retreats on Diplomatic Hopes
Spot gold climbed 1.5% to $4,808.69 per ounce Tuesday, propelled by a weaker dollar and declining oil prices amid renewed hopes for diplomatic talks between the U.S. and Iran.