commodities
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CnbcExxon Executive Says Oil Inventories Will Reach Record Lows in Weeks
Exxon Mobil senior vice president Neil Chapman stated that global oil inventories will hit all-time lows within two to four weeks. He said physical Brent crude prices would then rise to $150-$160 per barrel.
CnbcGoldman Sachs Analyst Says Brent Crude Prices Will Remain Elevated Through Fourth Quarter
Daan Struyven of Goldman Sachs stated that Brent crude prices will stay elevated through the end of 2026 because of reduced global supply. The comments came during a CNBC interview as oil prices declined following reports of Iran peace talks.
indianexpress.comJPMorgan Links Bitcoin and Gold ETF Outflows to Iran-US Deal Hopes
JPMorgan analysts reported simultaneous outflows from Bitcoin and gold ETFs over the past two weeks. The firm attributed the moves to reduced demand for assets viewed as hedges against geopolitical risk.
finance.yahoo.comOil time-spreads sell-off extends, nearby backwardation at lowest since March 3
The decline in nearby oil time-spreads continued on May 28, 2026. The spread between the second and third month contracts reached its lowest level since March 3.
SemaforGold Holds Near Two-Day Losses as U.S.-Iran Talks Stall
Gold prices remained close to recent lows amid stalled U.S.-Iran negotiations. Officials from both sides sent mixed signals on the status of talks.
japantimes.co.jpLondon Aluminum Prices Rise Nearly 17 Percent Since Start of U.S.-Iran Conflict
Aluminum prices on the London market have increased nearly 17 percent since the beginning of the U.S.-Iran conflict. Traders cite Middle East smelter outages, shipping concerns at the Strait of Hormuz, and potential production limits in China.
marketwatch.comMorgan Stanley Advisor Recommends Rotating From Tech Into Energy Stocks And Gold
Kathleen Entwistle of Morgan Stanley Private Wealth Management said investors should consider adding commodities and energy equities after recent gains in artificial intelligence-related stocks. She cited gold, silver, and companies such as SLB NV as examples of inflation-resista…
financialpost.comAluminum Prices Rise as Supply Concerns Mount in China and Guinea
London aluminum prices have increased nearly 17 percent since the start of the U.S.-Iran conflict. Reports cite production cuts in China and planned export limits from Guinea.
news.google.comGold price falls nearly 20 percent from January 2026 peak
The price of gold has declined from its January 2026 high. CBS News reported the metal now trades at $4,510.96 per ounce.
rnz.co.nzIndonesia Creates State Entity to Control Coal, Palm Oil and Nickel Exports
President Prabowo Subianto announced that a new state-owned enterprise will manage exports of coal, palm oil and iron alloys by September. The entity was registered one day before the announcement and is 99 percent owned by the sovereign wealth fund Danantara.
SemaforExchanges plan futures contracts for AI computing power
Wall Street firms and startups are developing futures markets for GPU processing capacity. The contracts would allow trading of AI compute at set future prices. Plans involve major exchanges and pricing data providers.
FortuneBrent Crude Oil Trades at $100.20 per Barrel on May 26
Oil sold for $100.20 per barrel at 9:15 a.m. Eastern Time, up 67 cents from the previous day. The price has risen $35.30 over the past year.
jpost.comGold Prices Rise as Oil Falls on Reported U.S.-Iran Talks
Spot gold reached $4,559.07 per ounce and June U.S. gold futures rose 0.8 percent. The move followed a reported memorandum of understanding between Washington and Tehran that softened oil prices.
benzinga.comRio Tinto Reviews Glencore Merger After Price Increase
Rio Tinto is evaluating whether to pursue a renewed bid for Glencore after the target’s share price increased. The review follows earlier discussions between the two mining companies.
benzinga.comStrait of Hormuz LNG Shipments Remain Limited for Nearly Three Months
Global natural gas traders are monitoring two main variables as the Strait of Hormuz continues to restrict LNG transit. The situation has persisted for nearly three months, with attention focused on Chinese demand and seasonal weather patterns.
Gold Prices Rise as Dollar and Oil Ease on U.S.-Iran Deal Prospects
Spot gold rose 1.1 percent to $4,559.07 per ounce on Monday. U.S. gold futures for June delivery gained 0.8 percent to $4,559.80.
indianexpress.comIndonesia to Issue Updates on New Commodity Export Policy Within Weeks
The Indonesian government is preparing legal and structural steps for a new centralized export agency. Markets and trading partners will receive updates on the policy in the coming weeks.
frontpagemag.comStrait of Hormuz Closure Disrupts Aluminum Shipments to India
The closure of the Strait of Hormuz has interrupted aluminum shipments. This has created supply constraints for aluminum products in India, including beverage cans.
marketwatch.comEIA Releases Weekly U.S. Crude Oil Inventory Data
The Energy Information Administration published its weekly crude oil inventory report for the week ending May 15, 2026. Data provider @TankerTrackers posted 22 years of historical weekly figures that include the adjustment factor.
thehindu.comGold Falls for Second Straight Week on Higher Rate Expectations
Gold prices declined for a second consecutive week. Rising inflation data increased market expectations for additional interest rate increases.
nbcnews.comOil Prices Record Weekly Loss After U.S. and Iran Signal Deal Progress
Oil futures fell for the week as the United States and Iran indicated movement toward an agreement. The decline occurred despite a late-session rebound on Friday.
fortune.comOil Prices Hold Steady on May 22, 2026
Oil prices remained unchanged on May 22, 2026. The current price level affects energy costs and the price of everyday items.
thehindubusinessline.comCopper Prices Rise as Investors Link Metal to AI Power Demand
Copper futures have moved in line with technology stocks amid investor expectations that artificial intelligence data centers will increase electricity consumption. The shift marks a departure from copper's traditional role as an industrial economic indicator.
prnewswire.comNatural Gas at Waha Hub Trades Negative for Over 75 Days
Natural gas prices at the Waha hub in West Texas have remained below zero for more than 75 consecutive business days. The situation raises questions about whether other commodities have shown similar patterns at major pricing points.
ibtimes.co.ukCFTC Sues Six States Over Prediction Market Regulation
Sixteen states are in legal proceedings with prediction market platforms. The Commodity Futures Trading Commission has sued six states to assert exclusive federal jurisdiction over event contracts.
Indonesia Plans State Control Over Commodity Exports
President Prabowo Subianto announced plans to place exports of several key commodities under state control. Indonesian palm oil prices fell after the announcement.
rnz.co.nzFertilizer Prices Rise 44 Percent Since Start of Iran Conflict
Global fertilizer prices have increased 44 percent since the start of the Iran conflict and reached the highest level since 2022. The rise coincides with the effective closure of the Strait of Hormuz, a route used by roughly one-third of globally traded fertilizer.
thestreet.comSurvey Shows Oil Prices Expected to Average $81 to $100 Over Next Year
A Bloomberg Intelligence survey of asset managers and energy market strategists found that oil prices are projected to average between $81 and $100 per barrel over the next 12 months. Respondents cited demand destruction and logistics adjustments as primary factors balancing the…
vanguardngr.comGold Holds Near $4,540 per Ounce After U.S.-Iran Truce Reports
Gold traded near $4,540 an ounce as optimism over a potential United States-Iran truce reduced inflation and rate-hike concerns. Lower Treasury yields and a weaker dollar provided support for the non-yielding metal.
ventureburn.comGoldman Sachs Raises Gold Price Forecast to $5,400 per Ounce by End of 2026
Goldman Sachs reaffirmed its forecast for gold to reach $5,400 per ounce by the end of 2026. The bank increased its estimate for monthly central bank gold purchases to 50 tons and expects the pace to average 60 tons per month through 2026.
financialpost.comSuppliers Limit Motor Oil Ingredient Deliveries
Two major suppliers have reduced shipments of a key ingredient for high-end motor oil to minimal levels. The reductions follow ongoing effects from the Iran conflict on a specialized segment of the crude oil market.
finance.yahoo.comCiti Raises Near-Term Brent Crude Forecast to $120
Citi analysts updated their oil price outlook, citing tail risks that could push Brent crude higher in the short term. The bank also provided longer-term base and bull case projections.
Strategist Jeff Currie Says Commodity Supercycle Is Underway
Veteran strategist Jeff Currie stated that the world is entering the early stages of a commodity supercycle driven by AI infrastructure demands and prior underinvestment in energy and materials sectors.
FortuneOil Trades at $112.93 per Barrel on May 19, 2026
Brent crude oil reached $112.93 per barrel at 9:20 a.m. Eastern Time, up $2.85 from the previous day and $47 above the level recorded one year earlier. The increase follows a pattern of price movements driven by supply, demand, and geopolitical factors.
forbes.comAlcoa Reports Higher Aluminum Prices and Debt Reduction Plans
Alcoa is reporting benefits from rising aluminum prices despite production cost pressures. The company is redeeming debt and investing in a Norwegian smelter while maintaining its 2026 production guidance.
thehindubusinessline.comU.S. Natural Gas Futures Rise on Hotter Weather Forecasts
U.S. natural gas futures increased after weather models projected higher temperatures for the coming weeks. The shift points to greater demand for power-plant fuel used in cooling.
en.antaranews.comUrea Fertilizer Prices Fall About 20 Percent From April Peak
Urea fertilizer prices have declined roughly 20 percent from their April high in several major farming regions. The drop has been recorded in the U.S. Gulf of Mexico, Canada, Brazil, and the Black Sea.
finance.yahoo.comGold Prices Decline as Strait of Hormuz Reopening Stalls
Gold prices fell amid stalled efforts to reopen the Strait of Hormuz. The lack of progress raised inflation concerns that also pushed bond markets lower.
news.google.comGold Price Falls to $4,540 as ETF Outflows Rise
Gold prices have declined to $4,540, down 19 percent from the year's high. Investors have withdrawn more than $6.7 billion from two major gold ETFs this year.
680news.comUS Official Says Soybeans Situation Resolved, Cooling Hopes for More Chinese Purchases
A senior U.S. official stated that the soybeans situation is resolved, reducing expectations for additional Chinese buying of the crop. The comment came amid ongoing trade discussions between the United States and China. Market participants had anticipated further purchases follo…
helsinkitimes.fiBlackRock CEO Says Computing Power Demand May Lead to Futures Market
BlackRock CEO Larry Fink said global demand for computing power has grown so large that traders may one day bet on it through a futures market. The statement highlights the scale of current requirements driven by advances in artificial intelligence and data centers. No timeline o…
realclearmarkets.comBig Tech Stocks Rise as Producer Prices Increase
U.S. producer prices rose sharply in April while equity market breadth remained narrow. Big Tech shares advanced following an appearance by Jensen Huang aboard a government aircraft. Yields, the dollar and oil prices climbed while gold and bitcoin declined.
insidermonkey.comCME Group and Silicon Data Plan New Futures Market for Semiconductor Compute
CME Group and Silicon Data announced a new compute futures market based on GPU price indexes. The contracts are designed to let participants hedge against rising costs for computing power used in artificial intelligence. The joint venture remains subject to regulatory review.
S&P 500 and Nasdaq Close at Record Highs While ASX Set to Open Lower
Wall Street's S&P 500 rose 0.8 percent and the Nasdaq climbed 2.4 percent to new highs on Friday, supported by stronger-than-expected U.S. jobs data and corporate earnings. ASX 200 futures pointed to a 0.5 percent decline at the open. Oil prices rose on renewed fighting in the St…
tass.comSulfuric Acid Prices Rise Amid Persian Gulf Conflict and Chinese Export Limits
Conflict in the Persian Gulf combined with new Chinese export restrictions have sent prices of sulfuric acid soaring while raising concerns about future availability. Sulfuric acid is the world’s most used chemical. The dual pressures mark a sudden tightening in global supply of…
etftrends.comChina Central Bank Adds 8 Tonnes of Gold in April
China's central bank purchased 8 tonnes of gold in April, the largest monthly addition since December 2024. The bank has now bought gold for 18 consecutive months, lifting official holdings to a record 2,322 tonnes. Year-to-date purchases total 15 tonnes.
BloombergChina Gold Output Declines in Q1 2026 Amid Nationwide Safety Inspections
China’s gold production declined in the first quarter of 2026, according to data from the China Gold Association. Safety inspections and production suspensions were the primary factors weighing on output. The decline marks a reversal from recent growth trends in the sector.
jpost.comStocks, Gold Rise as Oil and Dollar Fall on AI Optimism and US-Iran Hopes
Stocks and gold advanced this week while crude oil and the U.S. dollar declined. Market participants pointed to continued optimism around artificial intelligence deals and chip sector earnings along with rising expectations for a potential U.S.-Iran peace agreement. Bonds showed…
BloombergOrange Juice Futures Rise on Outlook for Smaller Brazil Harvest
Orange juice futures in New York climbed after traders received forecasts for a reduced harvest in Brazil. Brazil is the world's top exporter of orange juice. The price move reflects expectations of tighter global supply in the coming months.
forbes.comBitcoin Trades Near $81,000 as Global Stock Markets Reach Record Highs
Major cryptocurrencies paused their recent rally Thursday with bitcoin down 0.7% over 24 hours while equities climbed to fresh highs. Wall Street closed at all-time highs the prior day with strong corporate earnings while gold reached $4,700 an ounce. Institutional signals from M…
etftrends.comBulk Shipping Rates Jump to Highest Since December 2023
A key measure of bulk-shipping rates climbed to its highest level since December 2023. The increase was driven by rising demand for Capesize vessels and tightening supply of ships that haul bulk commodities. @business reported the development.
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news.google.comLondon Metal Exchange Licenses First Hong Kong Warehouse in 2025, Plans Further Approvals
The London Metal Exchange licensed its first approved warehouse in Hong Kong in 2025 and is now prepared to expand its suite of facilities there. Chief Executive Officer Matthew Chamberlain said the exchange stands ready to grow its approved warehouse network in the Asian financi…
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investopedia.comWall Street Indices Hit New Record Highs
The S&P 500 and Nasdaq closed at new record highs on May 5, 2026, after renewed hopes for peace and heavy AI stock buying. Global oil prices tumbled more than 6 percent while European and Australian markets also advanced. ABC business reporter Stephen Letts is covering the day's…
indiatoday.intoday.inGold and Silver Prices Rally in India Amid Easing West Asia Tensions and Weaker U.S. Dollar
Gold and silver prices rose in India, aligning with global market trends. The increase followed reduced tensions in West Asia and a weaker U.S. dollar that boosted demand. The development was reported by financial news sources.
thehindu.comU.S. Gold Exports Surpass Oil and Aircraft as Top Category for Five Months Through April 2026
Gold has overtaken other commodities as the leading U.S. export for the past five months as of May 2026. In March, its value exceeded oil exports by 1.7 times, pharmaceuticals by twice, and aircraft engines by 2.5 times. Most shipments route through Switzerland before reaching Ch…
citizen.co.zaDRC Imposes Cobalt Export Quotas as Miners Cut Cobalt Output and Raise Copper Production
The Democratic Republic of Congo has imposed annual cobalt export quotas of 96,600 tonnes for 2026 and 2027, replacing a 2025 ban, amid sharp price declines from oversupply. Producers are shifting capital to copper, where demand is rising and supply tightening, with Glencore repo…
azernews.azLight Crude Differentials for June Drop Sharply in Asia, Decline in Europe, Flat in North America
Light crude differentials for June fell significantly in Asia and parts of Europe compared to May levels, according to market data. The largest decline occurred in Asia versus Oman/Dubai, down $4.00 to +$15.50. North American differentials remained unchanged amid varying regional…
livemint.comGlobal Oil Liftings Recover to Pre-War Levels Driven by Surge in Americas
Global oil liftings into tankers have returned to their pre-war levels, according to a 7-day moving average chart from Vortexa. The recovery stems from increased liftings in the Americas. This data highlights a rebound in global oil movements as of May 5, 2026.
michaelwest.com.auOil Prices Rise to $116.55 per Barrel Amid Supply and Demand Pressures
Oil prices have climbed to $116.55 per barrel, up significantly from last year, driven by supply and demand dynamics. Factors like geopolitics and policy changes influence these fluctuations, impacting gas prices and the broader economy. The U.S. maintains a Strategic Petroleum R…
foxbusiness.comTyson Foods Offsets Rising Cattle Costs with Strong Chicken Profits
Tyson Foods, a major meatpacking company, is facing ongoing challenges from rising cattle prices. The firm is attempting to mitigate these costs by boosting profits in its chicken operations. This situation highlights broader pressures in the livestock market.