Commodities News
Commodity market news including oil prices, gold, silver, natural gas, and agricultural futures. Track supply, demand, and geopolitical price drivers.
Silver Surge Lifts Pan American's Spread Past $51/Oz
Silver's rally to $68.92 pushed Pan American Silver's spread over all-in sustaining costs above $51/oz, signaling strong operating leverage.
Gold's Rebound Boosts OceanaGold Philippines' Didipio Margin Past $3,460/oz
Gold's rebound to a near three-month high widened OceanaGold Philippines' Didipio margin to over $3,460/oz, with Q2 profit doubling and output set to rise.
Gold Rally Holds as Rate Pressures Persist; Miners Outperform
Gold retains most of its 4% surge as Treasury buybacks support; mining stocks outperform, but rate and oil headwinds persist.
Gold Miners Outperform Bullion as Prices Near $4,500
Gold nears $4,500 as mining stocks rally over 9%, doubling bullion gains. ETF inflows and falling yields support the precious metal.
Chevron Edges Higher as Brent Steadies at $91; Analysts See Modest Upside
Chevron (CVX) gained 0.8% to $204.32 as Brent held at $91, but analysts see only 5.7% upside as crude lags Q2 average.
Hormuz Flow Collapse Fuels 2.7% Brent Surge; Risk Premium Could Hit 22%
Brent crude surged 2.65% to $90.87 as Hormuz vessel traffic collapsed 84% over the weekend. Analysts warn a geopolitical premium of up to 22% could persist if no deal is reached.
Valero Stock Rally Stalls as Diesel Margins Hit Record $93.84
Diesel margins hit a record $93.84, boosting Valero's earnings, but the stock rally may be overextended as it trades above most price targets.
Oman Oil Spill Threatens $72M Cargo, But Markets Stay Calm
A shadow-fleet tanker carrying about 800,000 barrels of Russian crude is leaking off Oman, but markets show little reaction as Hormuz risks remain the key driver.
Oil's Geopolitical Premium Grows as Hormuz Control Dispute Intensifies
Brent crude settled at $88.52, carrying a 10.7% risk premium over fair value, as US-Iran tensions over the Strait of Hormuz persist. Energy stocks rallied, but analysts see potential downside from strong storage levels.