Commodities News
Commodity market news including oil prices, gold, silver, natural gas, and agricultural futures. Track supply, demand, and geopolitical price drivers.
Exxon and Chevron Warn of Unpriced Hormuz Disruption Risks as Oil Reserves Drain
Exxon and Chevron warn oil markets haven't fully absorbed the Strait of Hormuz disruption. U.S. emergency reserves hit a record low, while Brent crude settled at $111.28.
US LNG Dominance Raises New European Energy Security Alarms
Europe is set to source two-thirds of its LNG from the US in 2026, prompting concerns over swapping one supplier dependency for another, IEEFA data shows.
Sanctions Waiver Hints Send Oil Lower, Bonds Steady Amid Strait of Hormuz Crisis
Oil prices fell Monday after reports the U.S. may offer Iran a temporary sanctions waiver, easing earlier panic over the closed Strait of Hormuz. Brent crude dropped below $108, while the 10-year Treasury yield hit 4.631%.
Vale Outperforms Slumping Brazil Market on Iron Ore Strength
Vale shares rose 0.76% in São Paulo on Friday, outperforming the falling Ibovespa, as iron ore prices held near 52-week highs and the company projected $1.5 billion in additional free cash flow from its iron ore unit in 2026.
Dorchester Minerals Gains as Oil Prices Rally Amid Market Uncertainty
Dorchester Minerals units closed Friday at $27.66, up 1.6%, as oil prices rallied. The partnership reported first-quarter earnings and annual meeting results.
Brent Crude Breaches $109 as Strait of Hormuz Tensions Fuel Weekly Gains
Brent crude ended the week at $109.26, WTI at $105.42, both up over 7%. Ongoing Strait of Hormuz disruptions and a 250 million barrel drop in global inventories have traders focused on next week's U.S.-Iran talks and inventory data.
Natural Gas Futures Hit Seven-Week High on Output Drop and Early Heat
U.S. natural gas futures rose 3% to a seven-week high of $2.96/mmBtu on Friday, driven by lower output and forecasts of early-summer heat.
Brent Oil Nears $109 as Strait of Hormuz Tensions Persist
Brent crude climbed to near $109 a barrel as U.S.-Iran tensions kept the Strait of Hormuz largely closed, with only 30 vessels crossing daily. Falling U.S. inventories and Ukrainian refinery strikes added to supply concerns.