Commodities News
Latest commodities news, gold prices, oil market updates and analysis of key global resources
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Gold Reclaims $4,100 After Weak Jobs Data Cuts Fed Hike Bets
Gold climbed back above $4,100 and approached $4,200 after a weak June payrolls report sharply reduced expectations for a Federal…
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Henry Hub Natural Gas Pulls Back Toward $3.17 as Heat and Record Supply Collide
Henry Hub natural gas futures retreated toward $3.17 per MMBtu after a June rally stalled ahead of a large storage…
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WTI Oil Falls Below $68 as Strait of Hormuz Reopens
WTI crude dropped below $68 a barrel as oil flows through the Strait of Hormuz recovered above 10 million barrels…
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Gold XAUUSD Rebounds Toward $4,100 After 57,000 Payroll Gain Miss
Gold XAUUSD bounced back above the $4,000 threshold after a weak June payrolls report reduced expectations for a September rate…
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Natural Gas Holds Near $3.22 as Heat Wave Meets Storage Surplus
U.S. natural gas futures hovered around $3.22 per MMBtu as intense summer heat boosted power demand, but high production and…
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Crude Oil Steadies Near $69 as War Premium Vanishes and Supply Risks Build
Crude oil entered the third quarter near pre-conflict levels after a historic selloff erased the geopolitical premium. Investors are now…
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Hormuz Tensions Keep Energy Markets on Edge as August 18 Iran Deadline Nears
Shipping through Hormuz is rising, but refined fuel prices and crack spreads signal deeper stress across energy markets. Investors are…
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EIA Crude Oil Inventories Fall 3.775 Million Barrels as Distillates Rise
U.S. crude stockpiles fell by 3.775 million barrels in the latest EIA report, while gasoline inventories also declined and distillates…
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Gold Falls Below $4,000 as Hawkish Fed Pressures Bullion
Gold briefly broke below $4,000 an ounce, hitting an eight-month low as higher Treasury yields, a stronger dollar and hawkish…
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Russia Gasoline Imports Back on the Table as Refinery Strikes Tighten Supply
Russia is weighing gasoline imports after refinery disruptions and a decline in fuel reserves exposed stress in the domestic market.…