Latest commodities news and market analysis
China's independent refiners are increasingly purchasing oil from Qatar, Iraq, and the UAE, reducing reliance on Iranian crude.
Crude oil futures advanced following weekend events in the Strait of Hormuz, with analysts debating the impact on regional stability.
The Bank of Japan is anticipated to keep interest rates unchanged, potentially revising its 2026 growth forecast upwards while closely monit
New Zealand's services sector expanded slightly in June, marking its first growth since January, though signs suggest a fragile recovery.
Crude oil futures experienced a significant upward movement exceeding 3% as electronic trading platforms opened for the new week.
Renewed conflict in the Persian Gulf, including Iranian actions and US responses, is influencing crude oil prices and shipping costs.
Silver prices retreated Friday, influenced by rising US Treasury yields and shifting market sentiment following geopolitical developments.
This report covers key economic data, commodity price changes, and stock market performance from July 10, impacting various financial instru
Despite recent declines in crude oil prices, consumer inflation may not immediately ease due to high refinery profit margins and product sho
Gold prices eased on Friday following President Trump's remarks indicating an end to a ceasefire with Iran, while also allowing for renewed
Net non-commercial positions in COMEX gold futures, as reported by the CFTC, saw a marginal rise to $194.2K from the previous $194K.
Analyst forecasts indicate a potentially record-breaking Q2 earnings season for the S&P 500, driven by strong energy and tech sectors.
The total number of active drilling rigs in the United States increased by one, while crude oil prices experienced a modest daily decline.
The Baker Hughes US Oil Rig Count remained unchanged at 445, suggesting a period of stability in domestic drilling activities.
West Texas Intermediate (WTI) crude oil experienced a notable price fluctuation, initially rising before a sharp reversal.
Crude oil prices declined, erasing earlier gains despite Middle East tensions, slipping below a key technical indicator.
The Federal Reserve's recent report to Congress indicates a significant acceleration in consumer price changes this spring, moving beyond me
Gold prices are set for a weekly loss as renewed Middle East tensions and concerns over potential Federal Reserve interest rate hikes weigh
Recent developments, including the RBNZ's hawkish stance and geopolitical tensions, have influenced market expectations for global interest
Upcoming US earnings season, particularly for financial and technology sectors, will be a focal point for markets, alongside key economic da
The International Energy Agency projects a significant year-on-year rise in global oil demand for the final quarter of this year.
Markets anticipate one more ECB rate hike this year, likely in September, as inflation data provides some comfort despite oil market uncerta
Geopolitical tensions involving the Strait of Hormuz continue to impact global oil markets, as Iran asserts its strategic leverage.
Geopolitical tensions in the Middle East continue to influence market sentiment, with oil prices particularly sensitive to developments.