Commodities News
Latest commodities news, gold prices, oil market updates and analysis of key global resources
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Natural Gas Breaks $2.80 as Record Storage Caps the Rally
U.S. natural gas futures pushed above $2.80/MMBtu as heat forecasts and a modest production dip lifted near-term demand expectations. Record…
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Brent Crude Holds Above $91 as 8.3 Million Bpd Remains Shut In
Brent crude stayed above $91 as supply disruptions linked to the Strait of Hormuz left 8.3 million barrels a day…
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Gold Rebounds Toward $4,436 as Fed Minutes Put $4,300 Support in Focus
Gold recovered after a sharp selloff, but the metal remains trapped between key support near $4,300 and resistance above $4,480…
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Henry Hub Natural Gas Near $2.70 as EIA Sees Record 3,985 Bcf Storage
Henry Hub natural gas is hovering just above its 52-week low as record U.S. production and rising inventories pressure prices.…
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Brent Nears $91 as Hormuz Disruption Adds a $6 Oil Risk Premium
Brent crude traded near $91 a barrel as disruptions around the Strait of Hormuz and the expiry of a U.S.-Iran…
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Gold Price Near $4,390 Tests Key Resistance as Central Banks Buy 289 Tonnes
Gold is hovering near $4,390 after a strong August rebound, but repeated failures below $4,450 show the rally faces a…
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Henry Hub Natural Gas Falls to $2.661 as Output Hits 114.4 Bcf/d
Henry Hub natural gas extended its summer slide as record Lower-48 production, strong storage builds and LNG maintenance kept the…
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Brent Nears $90 as IEA Sees 1.8 Million Bpd Q3 Oil Deficit
Brent crude approached $90 a barrel after a 5% weekly gain as Strait of Hormuz disruptions tightened the global market.…
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Gold Nears $4,400 as Dollar Weakness Extends Two-Week Rally
Gold climbed to a two-month high near $4,400 as softer U.S. data weakened the dollar and reduced expectations of a…
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Strait of Hormuz Tensions Rise After Trump Remark and Iran Rebuff
Iran rejected Donald Trump’s suggestion that the United States could declare the Strait of Hormuz a U.S. territory, sharpening geopolitical…