Commodities News
Latest commodities news, gold prices, oil market updates and analysis of key global resources
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Natural Gas Stalls Below $3 Despite Record 111.5 Bcf/d Output
U.S. natural gas futures remain pinned near $2.90 per MMBtu even as storage surpluses shrink and LNG demand improves. Record…
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Brent Crude Nears $97 as Kuwait Escalation Tests Hormuz Flows
Brent crude climbed above $97 before easing to $96.20 as military escalation involving Kuwait revived fears over the Strait of…
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Gold Jumps 2.5% to $4,526 After Waller Shifts September Rate View
Gold surged as markets sharply cut expectations for a September Fed rate hike after comments from Governor Christopher Waller. Falling…
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Henry Hub Natural Gas Holds Near $2.90 as Record Output Caps Rally
Henry Hub natural gas futures hovered near a five-week high around $2.90 per MMBtu, but record U.S. production and still-elevated…
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Brent Crude Jumps 7% in a Week as Hormuz Risk Keeps Oil Near $95
Brent crude climbed about 7% for the week and briefly touched $96.59 as renewed threats to shipping through the Strait…
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Gold Prices Slide as Rising Fed Hike Bets Pressure XAU/USD
Gold fell below key technical support near $4,365 as Treasury yields climbed and markets raised the probability of a September…
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Henry Hub Natural Gas Slides to $2.858 as Hugh Brinson Pipeline Starts Up
Henry Hub natural gas fell to $2.858 per MMBtu after the Hugh Brinson Pipeline entered service, adding fresh supply into…
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Brent Crude Holds Above $92 as Hormuz Tensions Clash With 21.9 Million-Barrel U.S. Inventory Build
Brent crude stayed above $92 and WTI neared $88 as attacks near the Strait of Hormuz lifted geopolitical risk. The…
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Gold Prices Fall Toward $4,378 as Fed Rate Bets Hit Bullion
Gold dropped to around $4,378 after a sharp August rally unraveled as markets priced in a higher chance of a…
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Oil Prices Jump as US-Iran Strikes Lift WTI to $86.50
Oil prices surged after US and Iran exchanged strikes over the weekend, pushing WTI to $86.50 and Brent above $91.…