commodity trading
5 stories related to this topic, newest first.
pymnts.comBWET ETF Surges Over 600% Year-to-Date, Outpacing Oil Prices Amid Middle East Shipping Disruptions
The Breakwave Tanker Shipping ETF has risen more than 600% year-to-date as tensions in the Strait of Hormuz disrupt maritime corridors. Freight futures have skyrocketed due to the U.S.-Iran war, outperforming crude oil and energy stocks. Experts note investors are shifting focus…
zerohedge.comChinese Oil Companies Offer Crude in Global Tenders Over Recent Weeks
Chinese oil companies have sold barrels to several nations in tenders, acting as aggressive sellers amid global market shifts. Mercuria CEO Marco Dunand highlighted this trend at a summit, linking it to factors like Iranian oil sales and inventory releases. Current oil prices ros…
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)Mercuria Energy Plans to Raise at Least $200 Million in Asia Financing
Mercuria Energy is seeking at least $200 million in financing from Asia amid rising costs from the Iran war. Commodity traders are turning to alternative funding sources. The move reflects broader challenges in purchasing cargoes due to the conflict.
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)Oil Prices Fall After Iran Declares Strait of Hormuz Open Amid Large Short Trades
Oil traders placed nearly $800 million in short positions yesterday morning. Shortly after, Iran's foreign minister announced the Strait of Hormuz was open. Oil prices then declined by 9:10 a.m. ET.
U.S. Energy Information Administration / Wikimedia (Public domain)US Crude Oil Prices Exceed $115 per Barrel Following Market Reopening
US crude oil prices have risen above $115 per barrel as trading resumes after a three-day weekend. This marks a doubling from $57 per barrel at the start of 2026. Sustained levels could elevate US CPI inflation to approximately 3.7%, the highest since September 2023.