Commodities News
Latest commodities news, gold prices, oil market updates and analysis of key global resources
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EQ Resources Jumps 34% After Andrew Forrest Buys 16.8% Stake
EQ Resources shares surged after Andrew Forrest agreed to buy Oaktree Capital’s 16.8% stake in the tungsten producer. The deal…
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Henry Hub Natural Gas Falls Below $2.87 as Summer Glut Pressures Futures
Henry Hub natural gas futures slipped to a two-month low near $2.87/MMBtu as record production, above-average storage and weaker export…
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Houthi Maritime Embargo Threatens Saudi Shipping and Red Sea Oil Flows
Yemen’s Houthi movement says a maritime embargo on Saudi shipping is effective immediately, raising fresh risks for Red Sea trade…
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U.S. Gas Prices Top $4 as Iran Tensions Push Fuel Costs Higher
The U.S. average price for regular gasoline has moved back above $4 a gallon as Middle East tensions lift crude…
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Gold Price Holds Near $4,027 as Fed Bets Cap Rally Below $4,071
Gold traded around $4,027 while investors weighed safe-haven demand against rising Treasury yields and a more hawkish rate outlook. The…
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Brent Crude Fails to Hold $91 as Geopolitical Risk Meets a 4 Million Barrel Glut
Brent crude briefly topped $91 before retreating, while WTI slipped back to $82.35 as diplomatic signals offset fears of supply…
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Oil Prices Ease as Iran Signals Diplomacy, but Strait of Hormuz Risk Persists
Oil prices edged lower after Iran indicated that mediator-led diplomacy with Washington is still active despite renewed conflict. Investors remain…
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Brent Crude Nears $88 as Strait of Hormuz Flows Tighten
Brent crude climbed more than 4% to nearly $88 a barrel as tanker traffic through the Strait of Hormuz weakened…
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Henry Hub Natural Gas Falls to 6-Week Low as Storage Surplus Caps Rally
Henry Hub natural gas slid to a six-week low near $2.86 per MMBtu as cooler weather forecasts, high production and…
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Gold Prices Slip Below $4,000 as Oil Surge Fuels Fed Rate-Hike Fears
Gold fell below the $4,000 level even as Middle East tensions intensified, highlighting how rising oil prices and higher rate…
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Brent Crude at $85 as Strait of Hormuz Risks Meet Thin U.S. Fuel Buffers
Brent crude climbed above $85 after six consecutive nights of U.S. strikes on Iran, while U.S. stockpiles remain unusually tight.…
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Henry Hub Natural Gas Falls to $2.86 as Freeport Outage Reshapes the Market
Henry Hub natural gas fell to $2.86/MMBtu even as Brent crude climbed above $84, highlighting a sharp split inside global…