Commodities News
Latest commodities news, gold prices, oil market updates and analysis of key global resources
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New York Nuclear Power Push Targets 5 GW as Grid Pressures Mount
New York is pivoting back toward nuclear power with a plan for 5 gigawatts of new capacity. The move reflects…
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Henry Hub Natural Gas Near $3 as Storage Surplus Caps Qatar Shock
Henry Hub natural gas futures hovered near $2.98 per MMBtu on September 7, 2026, even as global LNG disruptions deepened.…
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XLE ETF Nears $64.95 High as Brent Oil Surge Lifts Energy Giants
The XLE ETF is trading just below its 52-week high as Brent crude approaches $100 and supply risks in the…
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Central Bank Gold Buying Reached 23 Tonnes in July, Led by China
Central banks added a net 23 tonnes of gold in July, with China accounting for 20 tonnes. The purchases reinforce…
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Brent Crude Tops $97 as Iran Tensions Weigh on Global Markets
Brent crude climbed above $97 a barrel as hostilities involving Iran and shipping routes near the Strait of Hormuz unsettled…
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Brent Crude Nears $100 as Hormuz Disruption Tightens Global Oil Supply
Brent crude climbed to about $97.50 while WTI moved above $92 after tanker traffic through the Strait of Hormuz fell…
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Gold Price Stalls Near $4,400 as Fed Hike Odds Rise to 60%
Gold hovered around $4,400 on September 7, 2026, even as tensions in the Persian Gulf lifted oil prices. Stronger U.S.…
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Saudi Aramco Jizan Attack Raises Oil Supply Risk Near 400,000 bpd Refinery
A fresh attack on Saudi Aramco’s Jizan facilities has renewed concern over Middle East oil supply security. Investors are watching…
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Citadel Eyes U.S. Shale After $4.06 Billion WildFire Deal
Citadel is exploring U.S. shale acquisitions as commodity traders move closer to owning physical oil supply. The interest highlights how…
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Iran Oil Tankers Struck Near Kharg Island as U.S.-Iran Tensions Hit Energy Markets
U.S. forces said they disabled three Iranian crude carriers after missile launches toward two Navy warships, escalating risks around Kharg…