Topic
commodities
60 stories related to this topic, newest first.
mining.comworld1 hr ago
De Beers Halts Production at South Africa’s Largest Diamond Mine as Prices Fall
De Beers is stopping output at the Venetia mine, which accounts for 40 percent of South African diamonds. Gem prices have dropped 50 percent since 2022 amid weaker demand and lab-grown competition. Parent company Anglo American is seeking to sell the unit.
variety.comfinance3 hrs ago
Diesel in New York Harbor Reaches $140 per Barrel
@MarioNawfal reported that diesel prices in New York Harbor climbed to $140 per barrel from $85 before the war. Jeffrey Currie, director of Abaxx Commodity Exchange, linked the rise to depleted storage and halted shipments through the strait.
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ndtv.comfinance3 hrs ago
LME Copper Rises 0.4% to $13,541 per Metric Ton as Supply Tightness Offsets Energy-Cost Concerns
London Metal Exchange copper prices increased 0.4 percent to $13,541 per metric ton. Tight physical supplies in China offset concerns over renewed U.S.-Iran tensions through stockpiling and higher premiums.
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benzinga.comfinance1 day ago
Chile Copper Output in May: Codelco Falls 18 Percent, Escondida 18 Percent, Collahuasi 19 Percent
Chile's state-owned copper company and two major mines reported lower May production compared with a year earlier. The data were compiled by Cochilco and distributed via @FirstSquawk.
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forbes.comfinance1 day ago
Major stock indexes and commodities close lower in weekend update
Global equity markets and commodities posted modest declines in the latest session. Oil was the exception, rising more than three percent.
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moneycontrol.comfinance3 days ago
European Diesel Refining Margins Hit Record Above $60 per Barrel as Fuel Prices Rise
Diesel margins in Europe reached over $60 per barrel on July 9. The NYMEX 3-2-1 crack spread also set a record at $64.58 per barrel on July 8 amid export bans and low inventories.
benzinga.compolitics3 days ago
August WTI Crude Oil Closes Week Up 4.94 Percent Despite OPEC+ Output Rise and U.S. Inventory Build
August WTI crude oil rose $3.38 to $71.84 per barrel for the week ending July 10, 2026. Geopolitical tensions involving Iran outweighed an OPEC+ production increase and a U.S. inventory build.
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finance.yahoo.comworld3 days ago
Argent BioPharma Shares Rise 206 Percent After Licensing Deal
Argent BioPharma agreed to license its CannEpil epilepsy drug to Splash Beverage Group in exchange for debt forgiveness. The Sydney Morning Herald reported the transaction removes a US$5.5 million convertible-note liability while retaining royalty rights for Argent.
ZeroHedgefinance4 days ago
El Niño May Become Strongest Since 1950, Climate Center Says
The U.S. Climate Prediction Center reported that sea-surface temperatures at least 1°C above normal have spread across the central and eastern equatorial Pacific. The agency assigned an 81% chance the event ranks among the largest on record since 1950 and a 97% chance it persists…
motherjones.combusiness4 days ago
Energy Substantiation to Debut WTIC Oil Token on LMAX Exchange
The crypto startup plans to launch a token backed by physical West Texas Intermediate crude with added liquidity on LMAX. Fortune reported the project involves a dozen commodities firms and aims for lighter regulation as a spot commodity. Plans include later tokens for Brent crud…
ZeroHedgefinance4 days ago
Cocoa Futures Rise Toward $6,000 a Ton on West Africa Weather Concerns
Cocoa futures traded in New York have doubled since early March and approached levels last seen in late 2025. Weather data from Ivory Coast and Ghana show cooler temperatures and above-average rainfall that raise disease risks for the 2026/27 crop.
forbes.comfinance4 days ago
Venture Global Reports 69% Rise in LNG Liquefaction Fees in Q2
Venture Global reported a 69% increase in liquefaction fees to $6.45 per million British thermal units in the second quarter. The company recorded revenue from 466.4 trillion thermal units sold, down from 480.8 TBtu in the first quarter. Exports from its two Louisiana facilities…
espn.comfinance5 days ago
Saudi Arabia and UAE Cut August Crude Prices to Asia by up to $11 per Barrel
Saudi Arabia reduced its official selling price for crude oil loadings to Asia in August by $11 per barrel from July levels. The cut is the largest month-over-month reduction in two decades. Other Gulf producers are offering deeper discounts with alternative loading points outsid…
ZeroHedgefinance6 days ago
Coffee Futures Rose 18.5% Monday Then Fell More Than 7% Tuesday
Coffee futures recorded their largest intraday gain since 2000 before retreating more than 7 percent on Tuesday. Cocoa futures also rose sharply amid weather-related supply concerns in major producing regions.
ZeroHedgefinance6 days ago
Arabica Coffee Futures Rise 18.5 Percent in Largest One-Day Gain Since 2000
New York Arabica coffee futures rose as much as 18.5 percent on July 6 to $3.57 per pound. The single-session gain was the largest since July 2000 amid low inventories and Brazilian weather concerns.
theiranproject.combusiness6 days ago
Shell expects higher Q2 integrated-gas trading results amid Iran war volatility
Shell said its integrated gas trading and optimization result will be significantly higher in Q2 2026 than in Q1. Results in chemicals and products and marketing divisions are expected to match the prior quarter. The company will release full Q2 figures on July 30.
middleeasteye.netfinance7 days ago
Saudi Arabia Lowers July Crude Price for Asian Buyers After Hormuz Flows Resume
Saudi Arabia reduced its key crude oil price for Asian customers on July 6 amid resumed flows through the Strait of Hormuz and higher OPEC+ output.
en.antaranews.compolitics7 days ago
Strait of Hormuz reopens after Iran war while OPEC faces Iraq quota clash and UAE exit
The Strait of Hormuz has begun reopening after Iran's closure and a U.S. blockade during the Iran war. OPEC+ approved a modest production increase while Iraq seeks higher quotas.
zeenews.india.comfinance7 days ago
Pakistan Buys Second Spot LNG Cargo From TotalEnergies at $17.37 per mmBtu
Pakistan purchased a liquefied natural gas cargo from TotalEnergies for mid-July delivery. The transaction follows a similar purchase from BP the prior week amid sharply reduced Qatari supplies.
ndtv.comfinance8 days ago
Gold Holds Near Record Highs After Weak U.S. Jobs Data
Gold prices remained close to all-time highs after U.S. employment figures came in below forecasts and oil prices declined. Market participants linked the moves to lower odds of near-term Federal Reserve interest-rate increases.
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livemint.comfinance8 days ago
OPEC+ to Raise Output Quotas by 188,000 Barrels per Day in August While Keeping Part of 2023 Cut in Place
Seven core OPEC+ members will add 188,000 barrels per day to production targets starting next month. The step continues five straight months of increases as Brent crude prices sit near $72 a barrel.
business8 days ago
ASX 200 futures point to 0.4 percent decline at Monday open
Australian equity futures indicated a lower open on Monday after last week's gains. European benchmarks reached record levels on Friday while U.S. markets remained closed for the holiday.
Semaforfinance8 days agoUpdated
United Arab Emirates Leaves OPEC+ as Group Continues Phased Reversal of 2023 Output Cut
The United Arab Emirates left OPEC+ in late April to align production with its capacity. Iraq is seeking higher quotas as the remaining core producers prepare to restore the final portion of a 1.65 million barrel-per-day cut.
forbes.comfinance8 days ago
OPEC+ to Raise Output Quotas by 188,000 Barrels a Day From August After Sharp Production Drop
The group ratified a quota hike during a Sunday video conference after seven members added nearly 800,000 barrels per day since April. Output remains below pre-war levels amid recovering exports through the Strait of Hormuz.
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ZeroHedgefinance10 days ago
US Markets Closed for Holiday as S&P Futures Rise and Dow Futures Fall
US cash equity markets were closed July 3 for the July 4 holiday. Futures pointed higher while Asian and European shares advanced after weaker US jobs data reduced expectations for near-term Federal Reserve rate hikes. ZeroHedge reported the moves in gold, bitcoin and regional be…
cnbc.comfinance10 days ago
Spot Gold Rises 1.4% After June Jobs Data Misses Forecasts
Spot gold climbed 1.4% to $4,182.28 an ounce on Friday morning. Other precious metals also advanced following weaker-than-expected U.S. nonfarm payrolls.
pbs.orgfinance12 days ago
Gold Prices Rise After Traders Assess Fed Chair Comments
Gold advanced as market participants interpreted recent remarks by the Federal Reserve chair as less restrictive than anticipated. Easing inflation concerns provided additional support for the metal.
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themarketherald.com.aufinance12 days ago
Gold Falls Over 16 Percent in Worst Quarter Since 2013 While Central Banks Signal Further Buying
Gold futures dropped 1.24 percent on Wednesday while spot prices declined 0.82 percent. The metal posted a 16 percent loss for the second quarter, its largest since 2013. Silver prices also declined.
forbes.comfinance13 days ago
Gold Holds Above $4,000 Despite U.S.-Iran Peace Talks and Strong Jobs Data
@FirstSquawk reported that gold remained above the $4,000 level. Investors evaluated strong U.S.-Iran peace talks while resilient labor market data reinforced expectations for the Fed to maintain higher rates longer.
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forbes.comfinance13 days ago
Gold Prices Fall Toward 13% Quarterly Loss, Largest Since 2013
Gold prices are headed for a 13% decline in the quarter ending June 30, 2026. The drop marks the metal's largest quarterly loss in 13 years amid expectations of higher U.S. interest rates.
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app.buzzsumo.comfinance13 days ago
Pakistan Buys LNG Cargo from BP at $16.74 per mmBtu After Qatari Supply Halts
Pakistan purchased one prompt-delivery LNG cargo from BP at $16.74 per mmBtu, roughly $1 above Asian spot prices. The deal follows repeated tender rejections and the shutdown of Qatari exports due to Middle East conflict.
moneycontrol.comfinance14 days ago
WTI Crude Oil Rises 2.2 Percent to Settle at 70.75 Dollars a Barrel
WTI crude settled at 70.75 dollars a barrel after gaining 2.2 percent. Brent crude rose 1.6 percent to 73.15 dollars a barrel following the U.S.-Iran agreement.
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moneycontrol.compolitics14 days ago
WTI Crude Oil Falls Below Pre-Denuclearization Levels to $69 per Barrel
Oil prices have declined in recent trading sessions and now sit at $69 per barrel. The current level is lower than prices recorded before the start of the denuclearization of Iran.
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hedgeco.netfinance16 days ago
Hedge Funds Reduce Crude Oil Net Positions to 179 Million Barrels
Money managers trimmed their combined net position across three main crude oil futures and options contracts to 179 million barrels on June 23. The cut follows a memorandum of understanding between Iran and the United States to reopen the Strait of Hormuz. The position sits at th…
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theiranproject.comfinance17 days ago
Tanker Rates for Saudi Crude to China Drop 44 Percent While Hormuz Transits Remain Below Normal After Attack
Rates on the Saudi Arabia-to-China route dropped to $287,000 on June 26 from more than $514,000 three days earlier. Persian Gulf exports reached 75 percent of pre-war levels after an interim U.S.-Iran peace deal, with 75 million barrels shipped since the agreement.
thehindubusinessline.comfinance17 days ago
QatarEnergy Offers First Crude Tender Since February via Transfers East of Strait of Hormuz
QatarEnergy offered buyers three grades of crude for July and August loadings via ship-to-ship transfers east of the Strait of Hormuz. The tender closes June 29 and marks the first such Qatari offering since the Iran war began. ADNOC and Kuwait have also increased Middle East sup…
finance17 days ago
Gold Trades Near $4,000 an Ounce After Doubling Since Early 2024 and Then Dropping 30 Percent From Record
Spot gold fell to around $4,025 a troy ounce early Friday, extending a decline that has erased 30 percent from January's intraday peak near $5,600. Major banks have lowered their 2026 price forecasts in response.
azernews.azfinance18 days ago
Brent Crude Falls to Lowest Since February as Hormuz Traffic Resumes After War-Ending Accord
Prompt-month Brent crude futures dropped 25 cents to $73.49 a barrel on Thursday. West Texas Intermediate fell 24 cents to $70.10. Both contracts reached their lowest levels since February 27.
CoinDeskfinance18 days ago
Brent Crude Falls Below $72.48 a Barrel as Tankers Resume Passage Through Strait of Hormuz
Oil prices dropped sharply on Thursday as Brent crude traded below $72.48 a barrel and West Texas Intermediate near $69. Tankers resumed passage through the Strait of Hormuz while bitcoin reached its lowest level since early June.
riotimesonline.comfinance20 days ago
Gold Closes at 4,119.55 Down 1.72 Percent on June 22
Gold fell 1.72 percent to 4,119.55 and silver dropped 3.71 percent to 62.61 on June 22. The declines followed a U.S. license allowing Iran to sell oil and firmer rate expectations that strengthened the dollar.
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finance.yahoo.comfinance21 days ago
Oil futures trader position nears liquidation after price decline
A long position of 500,000 contracts valued at $36.85 million faces a liquidation price of $71.54. The position is currently down more than $2.24 million.
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azernews.azworld21 days ago
Urea Prices Fall 50 Percent but Phosphate Costs Stay High and Food Prices May Rise for a Year
Fertilizer prices are falling as the Iran war appears to be winding down. Urea has declined sharply while phosphate prices stay elevated, with analysts citing demand destruction from farmers.
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investopedia.comfinance21 days ago
China Refining Falls to Four-Year Low in May as Imports Drop and Stocks Are Drawn Down
Processing reached 54 million tonnes while imports dropped to 33 million tonnes. The declines followed disruptions in the Strait of Hormuz and drew down inventories by 2 million tonnes.
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winnipegfreepress.comworld22 days ago
Whey Protein Prices Nearly Double as Cheese Output Limits Supply
Whey protein used in bars and mixes has risen from $7 to $12 per pound since late 2024. Companies report supply shortages and price increases tied to rising protein demand.
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thehindubusinessline.comworld23 days ago
Wool, Rice and Rubber Prices Rise Since January, Along With Other Commodities
Commodity prices for several agricultural and industrial goods have climbed between 5% and 29% since the start of 2026, according to data compiled by @spectatorindex.
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middleeasteye.netfinance24 days ago
Hedge Funds Sell 95 Million Barrels of Brent Futures as U.S.-Iran Deal Aims to Reopen Strait of Hormuz
Money managers cut the largest weekly position in more than a year after a memorandum of understanding between the United States and Iran to end their war and reopen the Strait of Hormuz.
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Forbesfinance25 days ago
US and Iran Reach Framework Deal; Shipping Through Strait Remains Limited
The agreement includes reopening the Strait of Hormuz to commercial shipping. Brent crude fell to $83.55 a barrel after the announcement.
forbes.comfinance26 days ago
Gold Demand Rose 84% in 2025 but Prices Fell 14% After U.S. Strikes on Iran
Global gold purchases reached 2,175 tons last year while prices peaked above $5,500 an ounce before easing after U.S. strikes on Iran.
thehindubusinessline.comfinance26 days ago
Gold Futures Hold Near $4,353 per Ounce as Analysts Project Rebound Toward $5,000
Gold futures traded steady around $4,353 an ounce Wednesday. Market observers expect prices to move back toward $5,000 later this year, though forecasts for a $6,000 peak have been scaled back.
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finance.yahoo.comfinance27 days ago
U.S. Crude Oil Inventories Fall 8.33 Million Barrels in Week Ending June 12
API data showed a larger-than-expected draw while SPR stocks reached their lowest level since 1983. Brent and WTI crude prices fell more than 4 percent on the day.
uctoday.comworld27 days ago
Oil tankers transit Strait of Hormuz before fertilizer cargoes
MarketWatch reported that oil shipments could receive priority passage through the Strait of Hormuz, potentially delaying fertilizer deliveries. The development raises questions about supply timing for agricultural inputs in import-dependent regions.
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New York Postfinance28 days ago
Oil Prices Ease After U.S.-Iran Interim Deal While Hormuz Traffic Recovery Stays Slow
Traders on Kalshi see only a 59 percent chance of normalized traffic in the Strait of Hormuz by August and 82 percent by year-end. Markets point to mines, congestion and insurance issues as ongoing constraints.
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activistpost.comfinance28 days ago
LNG Tanker Heads for Strait of Hormuz After U.S.-Iran Deal
A tanker chartered by an Indian state-owned firm left the Persian Gulf after President Trump announced a preliminary agreement to reopen the Strait of Hormuz. Iran confirmed the deal, which is set for signing on Friday.
rnz.co.nzfinance29 days ago
U.S. Whey Protein Prices Jump 250 % but New Capacity and Stable Retail Markups Limit Further Rises
Wholesale prices for 80% whey protein concentrate exceed $13 per pound in the U.S., up 250% from a year earlier, as demand for high-protein foods outpaces supply.
abcnews.go.comworld29 days ago
Whey Protein Prices Rise in U.S. and Europe as Demand Exceeds Current Supply
U.S. wholesale prices for 80% whey protein concentrate have more than tripled in a year. Food makers and supplement companies face higher costs and tighter availability.
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thehindubusinessline.comfinance30 days ago
Hedge Funds Cut Brent Positions by 44 Million Barrels as Hormuz Traffic Rises
Money managers halved net length in ICE Brent futures and options during the week to June 9. The sales coincide with increased tanker movements through the Strait of Hormuz at night.
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indianexpress.comfinance31 days ago
CME Group to Add 24/7 Trading for Gold Futures and New Smaller Crude Contract
CME Group will extend its 1-Ounce Gold futures to round-the-clock trading on July 26 and introduce a new 10-barrel WTI Crude Oil contract with 24/7 access on August 30.
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Bloombergfinance32 days ago
Trafigura and Vitol Sell More Venezuelan Oil to Asia After Iran War Disrupts Middle East Supplies
Two major commodity traders are directing more Venezuelan crude toward Asian buyers. The shift follows disruptions to Middle East oil supplies caused by the Iran war.
finance.yahoo.comfinance32 days ago
U.S. Stocks Rise Modestly as Jobless Claims Hit Three-Month High
Major U.S. indexes posted gains on June 11, 2026, while several companies reported earnings and announced deals or offerings that moved their shares sharply.
finance.yahoo.comfinance32 days ago
Dow Rises 250 Points While Jobless Claims Reach Three-Month High
U.S. stocks advanced on June 11 while initial jobless claims climbed to 229,000. Producer prices rose 1.1 percent for a second straight month.