December 3, 2025 1:21 pm
Key Moments Copper on the London Metal Exchange climbed as much as 2.6% to trade above $11,400 a ton, setting a new record high. A sharp increase in orders for copper stored in LME warehouses in Asia added to concerns about a looming global supply squeeze. The LME copper benchmark was up about 30% for […]
Read moreDecember 3, 2025 8:21 am
Key Moments Brent February futures slipped 0.3% to $62.24 per barrel, while WTI fell 0.3% to $58.44 per barrel in Asian trading. High-level discussions in Moscow between U.S. envoys and President Vladimir Putin ended without a Ukraine peace compromise, keeping geopolitical risks elevated. The American Petroleum Institute reported a 2.48 million-barrel weekly draw in U.S. […]
Read moreDecember 3, 2025 8:02 am
Spot Gold held within striking distance of a six-week peak of $4,264.70/oz. on Wednesday, underpinned by rising expectations of an interest rate cut by the Federal Reserve this month. Recent macro data showed the US manufacturing sector activity had shrunk for the ninth straight month in November, which added to expectations of further monetary easing. […]
Read moreDecember 3, 2025 7:08 am
Key Moments Putin’s state visit to India is set to produce several agreements on trade and investment. In addition, the two sides plan to expand cooperation in Russia’s Far East, civil nuclear projects, and regulated skilled-worker migration. India has continued purchasing discounted Russian oil despite rising U.S. pressure and higher tariffs. Moreover, it has pledged […]
Read moreDecember 2, 2025 11:59 am
Spot Silver pulled back from a record high of $58.85/oz. on Tuesday, as investors likely took profits following the recent rally. The pullback came after a six-session rally, which has pushed Silver prices up by more than 100% so far this year. The white metal has been underpinned by rising expectations of an interest rate […]
Read moreDecember 2, 2025 8:10 am
Spot Gold pulled back from a six-week peak of $4,264.70/oz. on Tuesday on likely profit taking following the recent rally. The yellow metal has been underpinned by rising expectations of an interest rate cut by the Federal Reserve this month. The latest macro data showed the US manufacturing sector activity had shrunk for the ninth […]
Read moreDecember 2, 2025 7:59 am
Key Moments Spot gold declined 0.4% to $4,213.97 per ounce in Asian trading, retreating from a six-week high hit in the prior session. Rising benchmark 10-year U.S. Treasury yields pressured non-yielding bullion and tempered optimism over a near-term Federal Reserve rate cut. Silver futures dropped 2.1% from a record peak, while platinum and copper prices […]
Read moreDecember 1, 2025 3:12 pm
Key Moments Saudi Aramco raised its December propane OSP to $495 per ton and butane to $485 per ton. Sonatrach increased its December propane OSP to $470 per ton and butane to $485 per ton. The moves reflect LPG price hikes ranging from 3.3% to 5.4% amid constrained global supply. Middle East and North Africa […]
Read moreDecember 1, 2025 2:17 pm
Key Moments Benchmark Dutch TTF natural-gas futures fell 1.3% to €28.43 per megawatt hour on Monday. The Dutch TTF contract has declined by nearly 10% over the past month. EU gas storage facilities are at 75% capacity, below the 90% level targeted by December 1. Weather Outlook Pressures European Gas Prices European natural-gas prices moved […]
Read moreDecember 1, 2025 1:57 pm
Key Moments Brent and WTI futures rose 1.0% as OPEC+ confirmed it will maintain current output levels through the first quarter. OPEC+ is keeping about 3.24 million barrels per day of voluntary cuts in place while planning to assess members’ production capacities next year. Supply concerns intensified following U.S.-Venezuela tensions and attacks on Russian-linked energy […]
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