Commodities News
Latest commodities news, gold prices, oil market updates and analysis of key global resources
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Gold Slips to $4,138 Ahead of Fed Minutes as Dollar Strengthens
Gold eased to about $4,138 per ounce on July 7 as a firmer U.S. dollar and profit-taking paused last week’s…
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Brent Crude Could Fall to $60 as Hormuz Flows Normalize, Citi Says
Citi expects Brent crude to slide to $60-$65 a barrel by year-end as Strait of Hormuz traffic normalizes and a…
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Natural Gas Holds Near $3.21 as Heat and Record Supply Collide
U.S. natural gas futures remain pinned near $3.21 per MMBtu as a mid-July heat wave and record LNG exports offset…
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Gold Price Rebounds to $4,160 After Weak U.S. Payrolls Hit Dollar
Gold climbed back to around $4,160 an ounce after soft U.S. payroll data cut rate-hike expectations and pressured the dollar.…
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Oil Prices Drop as OPEC+ Adds 188,000 bpd and Hormuz Reopens
Crude has fallen back to four-month lows as the war premium evaporates, OPEC+ restores supply and tanker traffic through the…
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Strait of Hormuz Traffic Stays Depressed as Ceasefire Fails to Restore Oil Flow
Vessel traffic through the Strait of Hormuz remains far below pre-conflict levels despite an extended U.S.-Iran truce. The muted recovery…
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India Crude Stocks Climb to 104 Million Barrels After Record June Imports
India’s crude inventories rose to 104 million barrels by the end of June as imports hit a record 5 million…
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Red Sea Shipping Risk Rises After Attack Near Yemen Chokepoint
A reported attack on a cargo ship near Yemen has revived concerns about Red Sea shipping security. Investors are watching…
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Henry Hub Natural Gas Holds Near $3.20 While Winter Futures Signal a Sharper 2026-27 Tightening
Henry Hub natural gas is hovering near $3.20/MMBtu as record U.S. supply and strong storage offset a mid-July heat wave.…
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WTI Crude Falls to $68.50 as Hormuz Reopens and Oversupply Returns
WTI crude has retreated to about $68.50 and Brent to roughly $72 as the Strait of Hormuz reopens and the…