Commodities News
Latest commodities news, gold prices, oil market updates and analysis of key global resources
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Qatar LNG Explosion Leaves Ras Laffan at 80% Capacity After 18 Deaths
Qatar said the latest explosion at Ras Laffan was an accident, not sabotage, as the key LNG hub remains constrained…
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Natural Gas Rebounds to $3.26, but Supply Glut Limits Upside
U.S. natural gas climbed to $3.26 per MMBtu as early-summer heat, firmer LNG flows and heavy fund shorts supported a…
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Microsoft-Chevron AI Power Deal Targets 2.67 GW in Texas
Microsoft has signed a 20-year agreement tied to a West Texas power project designed to support a major AI data…
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Gold Price Rebounds to $4,188, but $4,100 Support Remains Critical
Gold climbed back toward $4,200 after easing geopolitical tensions pushed oil lower, but the metal remains under technical and macro…
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Brent Crude Near $79 as Strait of Hormuz Risk Keeps Oil Volatile
Brent crude pulled back toward $79 after briefly topping $82, as renewed tension around the Strait of Hormuz collided with…
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Iran Oil Exports Rise to 6 Million Barrels Through Strait of Hormuz
Iran has increased openly traded crude shipments through the Strait of Hormuz, with roughly 6 million barrels aboard three sanctioned…
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Crimea Fuel Sales Halted After June 21 Drone Strikes Hit Kerch Energy Hub
Fuel sales to civilians across Crimea were suspended on June 21 after drone strikes hit energy and logistics targets near…
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Strait of Hormuz Closure Claim Roils Oil Outlook as Switzerland Talks Loom
Iranian state outlets said the Strait of Hormuz had been closed on June 20, 2026, even as U.S.-Iran diplomacy appeared…
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Tyumen Oil Refinery Attack Extends Ukraine Drone War 1,240 Miles Into Russia
A drone strike targeting the Tyumen oil refinery pushed Ukraine’s campaign against Russian energy assets deeper into Siberia. The attack…
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Natural Gas Holds Near $3.15 as Heat Meets Ample Storage
Natural gas futures hovered around $3.15 per MMBtu as early-summer heat supported power demand, but strong production and above-average storage…