Commodities News
Latest commodities news, gold prices, oil market updates and analysis of key global resources
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Natural Gas Holds Near $3.15 After 108 Bcf Storage Build
U.S. natural gas futures hovered around $3.15 per MMBtu after a larger-than-expected 108 Bcf storage injection offset bullish late-June heat…
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WTI Crude Falls Below $86 as Iran Deal Hopes Unwind War Premium
WTI crude dropped to a two-month low below $86 as traders priced in a possible Iran agreement and a reopening…
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Gold Falls to $4,185 as Fed Rate-Hike Fears Eclipse Iran Truce Hopes
Gold headed for a second straight weekly loss near $4,185 an ounce as hotter inflation signals and rising odds of…
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Henry Hub Natural Gas Falls to $3.13 as Storage Surplus Caps Heat Rally
Henry Hub natural gas retreated to $3.13 per MMBtu after reaching a 16-week high, as ample inventories and weaker LNG…
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WTI Crude Holds Near $90 as Hormuz Closure Fails to Trigger a New Oil Spike
WTI crude traded near $90.68 and Brent near $93.56 even after Iran declared the Strait of Hormuz closed. Record U.S.…
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Gold Holds Near $4,080 as 4.2% Inflation and Iran Risk Pull Prices in Opposite Directions
Gold steadied near $4,080 after sliding to $4,053, with hot inflation data lifting rate-hike expectations even as Middle East tensions…
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Henry Hub Natural Gas Holds Near $3.20 as Heat Meets Storage Surplus
Henry Hub natural gas futures eased back toward $3.20 per MMBtu after reaching a 16-week high, as stronger cooling demand…
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WTI Oil Nears $90 After 7.2 Million-Barrel U.S. Crude Draw
WTI crude rebounded toward $90 after U.S. inventories posted a much larger draw than expected. The move highlights a market…
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Gold Holds Near $4,200 After CPI Split as $4,099 Support Comes Into Focus
Gold steadied near $4,200 after a softer core CPI reading offset pressure from a hotter 4.2% headline inflation print. Investors…
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Natural Gas Futures Hold Near $3.18 After 16-Week High
Natural gas futures steadied near $3.18 per MMBtu after retreating from a 16-week high, as cooler forecasts and softer LNG…
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Brent Crude Falls to $95 as Hormuz Risks Clash With 8.5M b/d Deficit
Brent crude eased to about $95 on June 9 as hopes for a durable Iran-Israel ceasefire reduced the war premium.…
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Gold XAU/USD Nears $4,320 Pivot as Fed Hike Odds Climb to 70%
Gold is hovering near a critical $4,320 level after a sharp selloff tied to rising Federal Reserve hike expectations. Inflation…