Commodities News
Commodity market news including oil prices, gold, silver, natural gas, and agricultural futures. Track supply, demand, and geopolitical price drivers.
Crude Settles at $91.48 as OPEC+ Meeting Looms; Physical Flows Key
WTI settled at $91.48, up 9.7% on the week, ahead of OPEC+ meeting. Quota headlines may matter less than physical exports as shipping constraints persist.
Gold Slides 1.7% as Strong August Jobs Report Dims Rate-Cut Hopes
Gold futures tumbled 1.7% as a robust August jobs report (162,000 new jobs) reduced expectations for a Fed pause, sending stocks lower and the dollar higher.
Gold Holds Near $4,475 as Market Awaits Jobs Data
Gold trades near $4,475, consolidating Thursday's 2% jump, as markets await U.S. jobs data that could influence Fed rate decisions.
Dutch Gold Relocation to London: A Custody Shift, Not a Demand Signal
The Dutch central bank relocated 86 tonnes of gold to London to enhance tradability, but total reserves remain unchanged, signaling no new demand. Gold prices eased slightly.
European Gas Prices Retreat 3% But Stay Elevated Amid LNG Supply Woes
European gas prices pulled back from a two-year high but remain elevated as the EU downplays shortage risks despite low storage and ongoing Qatari LNG disruptions.
B2Gold Jumps 4.3% as Gold Price Gap Widens to $2,000+
B2Gold shares rose 4.3% to $5.64 as gold futures hit $4,522.50, creating a $2,063-per-ounce gap above AISC. The company's cash conversion remains key.
UK Gas Prices Split: Short-Term Falls, Winter Contracts Surge
UK gas prices diverged: day-ahead fell 2.1% to 176.80p, Winter 2027 climbed 2.5% on storage worries. EU storage 18.2% below average. Ofgem raises cap 4%.
Vale Shares Jump 4% on Ambitious Iron Ore Output Target
Vale's stock climbed 4% after the miner announced a 2026 iron ore production target that could require a 13% increase in output. The company's Q2 results showed strong margins, but cost pressures remain a concern.
US-Backed Venezuela Oil Push Targets 65B Barrels, But Supply Lags
A US-backed venture secured 100-year concessions for 65 billion barrels in Venezuela, but Chevron's $7B plan won't boost supply until 2031. Brent settled at $95.63.
Dutch Gold Vault Shift Boosts Liquidity as Bullion Rebounds 1.1%
Gold rebounds 1.1% as Dutch central bank moves 86 tonnes to London, boosting liquidity without altering reserves. Lower yields support prices.