Commodities News
Latest commodities news, gold prices, oil market updates and analysis of key global resources
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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.…
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Trump Presses Gasoline Retailers to Cut Pump Prices as Crude Falls to $68
President Donald Trump urged U.S. gasoline retailers to target $2.50 per gallon as crude traded near $68 a barrel. The…
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Oil Prices Rise as WTI Nears $70 and Tech Futures Rebound
WTI crude climbed to $69.95 as traders weighed a fragile US-Iran truce and possible talks in Doha. At the same…
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US-Iran Talks in Doha Back in Focus After Strait of Hormuz Attacks
A planned US-Iran meeting in Doha has resurfaced as a key market focus after days of confrontation around the Strait…
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WTI Oil Falls Below $70 as Hormuz Reopens and Doha Talks Loom
WTI crude settled below $70 for the first time since February 27 as the Strait of Hormuz reopened and war-driven…
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Gold Price Nears $4,000 as Hawkish Fed and Strong Dollar Deepen Slide
Gold has fallen toward the $4,000 level after a sharp June selloff, pressured by rising rate expectations, a firmer US…
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Strait of Hormuz Shipping Faces Months of Disruption as Mine Risks Persist
Shipping through the Strait of Hormuz is recovering only slowly after the recent closure, with narrow transit corridors and mine…
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Trump Signs Regenerative Agriculture Order, Expands USDA Push
President Donald Trump signed a June 25 executive order promoting regenerative agriculture and paired it with an $11 billion farmer…
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Natural Gas Holds Near $3.30 as Heat Wave Offsets Bearish Storage Data
U.S. natural gas futures stayed close to $3.30/MMBtu into July contract expiry despite a larger-than-expected storage build. The market is…
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WTI Crude Slides Toward $69 as Hormuz Reopens and Saudi Barrels Return
WTI crude fell nearly 4% toward $69 a barrel as the Strait of Hormuz reopened and Saudi Arabia restarted key…