Commodities

Commodities: Energy security central to tensions in the Middle East

Every week, our commodities overview reviews the latest news from the commodity markets to better understand fluctuations in the prices of energy, metals, and agricultural commodities.

Investors unnerved as Israel-Iran conflict fuels oil market rally

NEW YORK/GDANSK -Investors were on edge as financial markets reopened on Sunday, with crude oil prices initially up near 4% as markets were gripped by the escalating threat of a sweeping conflict in...

Towards a decline in US oil production in 2026?

After years of growth in oil production in the United States, a reversal of this trend appears to be on the cards for 2026. While Donald Trump was aiming for an increase of three million barrels per...

Why is platinum soaring?

The rare metal has jumped by 30% since the beginning of April, now approaching $1,300/ounce. Behind this surge, several fundamental factors are converging to support demand at a time when supply is...

Commodities: Copper nears its annual high

Every week, our commodity market overview reviews the latest news from the commodity markets in order to better understand fluctuations in the prices of energy, metals, and agricultural commodities.

Oil Rises on OPEC+ Plan and Canadian Wildfires

Oil prices surged nearly 3% on Monday, driven by supply concerns stemming from Canadian wildfires and a measured production increase from OPEC+. The producer group reaffirmed its plan to raise output...

Magnet exports slowed in China, rare earths in question

Chinese customs are slowing down shipments of certain low-performance rare earth magnets used in consumer electronics and household appliances due to confusion over the application of new export...

Oil prices rise amid tensions between Israel and Iran

Oil prices rose more than 1% on Wednesday morning, boosted by reports of a possible Israeli attack on Iranian nuclear facilities. Such a scenario is reigniting fears about crude supplies in a region...

Chanel to keep investing despite choppy luxury market

PARIS -French luxury group Chanel will continue to invest heavily this year, drawing on its deep pockets as other sector players pull back, with plans for new stores in China and the United States,...

Commodities: Boosted by easing trade tensions

Every week, our commodity market overview gives you a review of the latest news from the commodity markets in order to better understand fluctuations in the prices of energy, metals, and agricultural...

Venezuelan oil disguised as Brazilian crude to circumvent US sanctions

Traders have quietly re-designated over $1bn worth of Venezuelan oil shipments bound for China as Brazilian over the past year, according to two maritime tracking companies, internal documents, and...

Russia hikes 2025 deficit forecast threefold due to low oil price risks

MOSCOW -Russia's finance ministry raised the 2025 budget deficit estimate to 1.7% of gross domestic product on Wednesday from 0.5% after reducing the energy revenues forecast by 24% due to...

Chinese gold ETFs April inflows surpass first quarter total, WGC says

Investment flows into Chinese physically backed gold exchange-traded funds so far this month have exceeded those for the whole of the first quarter and overtaken inflows registered by U.S.-listed...

Goldman Sachs sees ounce of gold at $3700 by the end of 2025 (+15%)

Goldman Sachs has raised its forecast for the year-end gold price from $3,300 to $3,700 per ounce. The US bank cites stronger-than-expected demand from central banks and recessionary risks as driving...

Goldman Sachs raises year-end gold forecast to $3,700/oz

Goldman Sachs has increased its year-end gold forecast to $3,700 per troy ounce , citing stronger-than-expected central bank demand and heightened recession risks impacting ETF inflows. The...

US bond yields rise, dollar down as turbulent week comes to an end

NEW YORK -Benchmark 10-year U.S. Treasury yields registered their biggest weekly rise in more than two decades on Friday, while the dollar fell, in a turbulent week marked by the trade war and a loss...

US-China tariff war steers gold through $3,200 per ounce

Gold prices vaulted over the $3,200-per-ounce mark for the first time on Friday, as intensifying U.S.-China trade tensions rattled global markets and drove investors into the metal seen as a refuge...

Back to white-knuckle ride in the markets

A look at the day ahead in European and global markets from Ankur Banerjee Fears of a sharp downturn in the global economy have sent markets convulsing once more, with action focused on...

Commodities: full astern!

Every week, the commodities roundup gives you the opportunity to review the latest news on the commodities markets, and to gain a better understanding of price variations in energy, metals and...