Commodities News
Latest commodities news, gold prices, oil market updates and analysis of key global resources
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Brent Crude Slides to $92 as Ceasefire Hopes Unwind War Premium
Brent crude fell to about $92.56 and WTI hovered near $87 at the end of May as traders priced in…
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S&P 500 Holds Near Record as Oil Falls and NetApp Jumps 18%
U.S. stocks approached month-end at record levels as easing oil prices offset inflation and rate concerns. NetApp surged 18% after…
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Gold Price Forecast: XAU/USD Rebounds Toward $4,500 After Testing $4,360 Support
Gold rebounded toward $4,500 after falling to a two-month low near $4,360, as a softer U.S. dollar offset pressure from…
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Henry Hub Natural Gas Jumps Above $3.20 After 92 Bcf Storage Build Miss
Henry Hub natural gas futures climbed more than 4% after a smaller-than-expected U.S. storage injection pointed to a firmer summer…
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Brent Crude Near $97 as Iran Tensions Revive Oil Risk Premium
Brent crude rebounded toward $97 a barrel and WTI moved back near $90 after renewed U.S.-Iran hostilities revived fears around…
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Gold Price Slides Toward $4,390 as Dollar Strength Tests Key Support
Gold fell for a second straight session, with XAU/USD dropping near $4,389 as a firm U.S. dollar and higher-for-longer rate…
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Henry Hub Natural Gas Slides to $2.98 as Cooler U.S. Weather Hits Demand Outlook
Henry Hub natural gas futures fell to about $2.98/MMBtu as cooler forecasts in California and the Eastern U.S. weakened near-term…
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WTI Oil Falls Below $90 as Brent Nears $99 on Hormuz Risk Repricing
WTI crude slipped to about $89 per barrel on May 27 while Brent traded just above $99, extending a sharp…
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Gold Price Outlook: XAU/USD Tests $4,382 Support as Fed Bets Shift
Gold fell below $4,500 and is hovering near a key long-term support zone around $4,382 as traders reprice Federal Reserve…
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Henry Hub Natural Gas Holds Near $2.88 as Storage Build Tops Estimates
Henry Hub natural gas futures remained pinned near $2.88 per MMBtu after a larger-than-expected 101 Bcf storage injection and milder…
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