#commodities
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Brent Crude Slides 5.6% as Hormuz Transit Hopes Pressure Oil
Brent crude has fallen 5.6% this week as signs of progress around the Strait of Hormuz eased part of the…
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Gold Holds Near $4,600 as Jackson Hole Speech Looms
Gold is defending support near $4,600 after failing to sustain a rally to $4,696.20. Investors are now focused on Fed…
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WTI Crude Drops 9% in Three Sessions as Hormuz Talks Cut War Premium
WTI crude slid to about $80 after losing roughly 9% from last week’s highs, as diplomacy around the Strait of…
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Gold Holds Near $4,621 as $40 Trillion U.S. Debt Keeps $4,970 in View
Gold eased after testing $4,697, but the metal remains sharply higher for August as investors weigh U.S. debt, Treasury buybacks…
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Henry Hub Natural Gas Slides to $2.70 as Record 111.5 Bcfd Output Caps Heat Rally
Henry Hub natural gas fell to about $2.70 even as extreme U.S. heat and light storage builds pointed to strong…
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WTI Crude Falls to $82 as Hormuz Flows Recover and OPEC+ Spare Capacity Looms
WTI crude slid 3.25% to $82.25 after signs of diplomatic de-escalation and improving Strait of Hormuz flows. Investors are weighing…
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Gold Retreats After Testing $4,700 as GDX Climbs to Decade High
Gold briefly touched $4,696.98 before pulling back, highlighting a key resistance zone just below $4,700. The move comes after a…
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Treasury Buybacks and TGA Funding Drive Gold Higher, Flatten Yield Curve
Gold rose and the Treasury yield curve flattened after officials signaled the government could use its roughly $950 billion Treasury…
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Henry Hub Natural Gas Slips to $2.73 as Record Supply Caps Summer Rally
Henry Hub natural gas futures fell to $2.73 per MMBtu even after a tight 16 Bcf storage injection. Record Lower-48…
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Hormuz Oil Flows Top 660 Million Barrels as WTI Slips to $85
Crude prices eased even as geopolitical risks remained elevated, with WTI falling to about $85 and Brent near $93. Investors…