Latest commodities news and market analysis
Crude oil futures extended recent losses in Asian trading, moving below the $80 per barrel mark on reduced regional tensions.
ECB Executive Board member Isabel Schnabel highlighted the necessity of prompt policy intervention to prevent persistent inflation.
Oil prices declined while the Australian dollar reached a three-month peak following stronger-than-expected inflation figures.
The United States has started returning diplomatic personnel to Middle East posts, suggesting a perceived reduction in immediate escalation
Gold maintained its recent gains as investors anticipated crucial US inflation data and remarks from a Federal Reserve official.
July Personal Consumption Expenditures (PCE) data is out, offering insights into inflation ahead of a significant Federal Reserve speech.
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