#commodities
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Brent Nears $91 as Hormuz Disruption Adds a $6 Oil Risk Premium
Brent crude traded near $91 a barrel as disruptions around the Strait of Hormuz and the expiry of a U.S.-Iran…
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Gold Price Near $4,390 Tests Key Resistance as Central Banks Buy 289 Tonnes
Gold is hovering near $4,390 after a strong August rebound, but repeated failures below $4,450 show the rally faces a…
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Henry Hub Natural Gas Falls to $2.661 as Output Hits 114.4 Bcf/d
Henry Hub natural gas extended its summer slide as record Lower-48 production, strong storage builds and LNG maintenance kept the…
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Brent Nears $90 as IEA Sees 1.8 Million Bpd Q3 Oil Deficit
Brent crude approached $90 a barrel after a 5% weekly gain as Strait of Hormuz disruptions tightened the global market.…
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Gold Nears $4,400 as Dollar Weakness Extends Two-Week Rally
Gold climbed to a two-month high near $4,400 as softer U.S. data weakened the dollar and reduced expectations of a…
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Strait of Hormuz Tensions Rise After Trump Remark and Iran Rebuff
Iran rejected Donald Trump’s suggestion that the United States could declare the Strait of Hormuz a U.S. territory, sharpening geopolitical…
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Somali Piracy Surges as Hormuz Closure Reroutes Global Shipping
A new wave of Somali piracy is hitting vessels rerouted around Africa after the Strait of Hormuz closure. Rising ransom…
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Gold Price Holds Near $4,370 as Central Banks Buy 289 Tonnes in Q2
Gold steadied around $4,370 after two failed attempts to break $4,500, while central banks added 289 tonnes in the second…
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Natural Gas Falls to $2.78 After 36 Bcf Storage Build Tops Forecasts
U.S. natural gas slipped to $2.78 per MMBtu after a 36 Bcf storage injection exceeded expectations and widened the surplus…
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GLD Reclaims $398 as $636 Million in 5-Day Inflows Signal Gold ETF Turn
SPDR Gold Shares climbed back above $398 as five-day inflows reached nearly $636 million. The rebound marks a notable shift…