Commodities News
Latest commodities news, gold prices, oil market updates and analysis of key global resources
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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…
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Crude Oil Slides to Three-Month Low as Hormuz Reopens
Crude oil fell sharply after a U.S.-Iran memorandum eased fears around the Strait of Hormuz. Investors are now weighing returning…
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Gold Holds Near $4,260 After Hawkish Fed and US-Iran Deal
Gold steadied near $4,260 after a nearly 2% selloff triggered by a hawkish Federal Reserve outlook and easing geopolitical tensions.…
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Natural Gas Holds Near $3.23 as Winter Futures Stay Above $4
U.S. natural gas remains range-bound near $3.23/MMBtu as strong production and ample storage weigh on summer pricing. December futures above…
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Oil Prices Sink to 3-Month Lows as Iran Deal Reopening Hormuz Nears
Oil prices fell to their lowest levels since early March, with WTI near $76 and Brent around $78, as traders…
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Gold Price Holds Near $4,333 Ahead of Fed Dot Plot and Warsh Debut
Gold hovered near $4,333 as investors waited for the Federal Reserve’s updated rate projections and Chair Kevin Warsh’s first meeting.…
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