Latest commodities news and market analysis
Gold reached its highest point since mid-May, driven by a softer US dollar and anticipated US Treasury bond repurchase initiatives.
Reports indicate a US strategic pivot towards sanctions against Iran, potentially easing geopolitical oil supply concerns.
A private industry survey indicated an unexpected increase in U.S. crude oil stockpiles last week, contrasting with analyst expectations for
US crude oil stockpiles increased more than anticipated last week, according to data released by the American Petroleum Institute.
Oil benchmarks Brent and WTI saw declines after a report, lacking official confirmation, suggested a US-Iran ceasefire agreement.
Crude oil prices fell following unconfirmed reports of a potential Iran-US peace agreement, amidst varied US economic indicators and central
US stock benchmarks finished higher, primarily driven by strong performance in technology shares as traders anticipate upcoming corporate re
Crude oil futures experienced a decline following unverified reports from Russian media regarding a potential US-Iran ceasefire agreement.
Gold experienced a minor decline on Tuesday, trading around $4,650 after briefly touching $4,700, as the US Dollar found temporary support.
US Treasury Secretary Scott Bessent indicates that economic sanctions are impacting Iran, citing recent remarks from Iranian officials.
Iran and Oman have reportedly agreed on a temporary joint shipping lane and mine-clearing initiative in the Strait of Hormuz.
West Texas Intermediate (WTI) crude oil extended its decline on Tuesday, as market participants appeared to disregard the latest U.S. sancti
Pakistan's Army Chief reportedly presented a proposal to Iran to ease economic restrictions, aiming to de-escalate US-Iran tensions.
Gold (XAU/USD) saw a retreat from recent highs, struggling to maintain upward momentum as the US Dollar gained strength.
Gold experienced a significant $50 decline while crude oil prices advanced, reflecting broader market volatility rather than specific narrat
TotalEnergies CEO confirms ongoing oil shipments via the Strait of Hormuz, noting substantial discounts for producers.
The Reserve Bank of Australia's August meeting minutes reveal a significant debate regarding a potential interest rate increase.
West Texas Intermediate (WTI) crude oil steadied above $84.50 a barrel, recovering from previous session losses, as market attention turned
China's central bank is actively moderating the yuan's rise, leading to a softer Australian dollar and other commodity-linked currencies.
Despite high expectations for a Bank of Japan rate hike, the yen's muted reaction suggests potential for weakness if the BOJ disappoints.
Oil benchmarks dipped as Washington clarified its Iran sanctions, while Treasury yield dynamics shifted and market focus turned to upcoming
A commercial tanker was struck by an unknown projectile off the coast of Oman, causing engine damage and disabling the vessel.
The US dollar has fallen to its lowest level since May, influenced by evolving interest rate expectations and Treasury bond buybacks.
New trade threats between the US and Canada emerged, while US officials discussed Iran sanctions and manufacturing data showed a dip.