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Wheat Futures Fall as Profit-Taking and Weak Exports Weigh

July 27, 2026 2:31 pm
Key Moments Chicago, Kansas City, and Minneapolis wheat futures prices were lower, with front-month contracts giving back recent gains. Managed money cut its net short position in CBT wheat futures and options and expanded its net long in KC wheat. New crop U.S. wheat export sales reached 6.68 MMT, representing 32% of USDA’s export projection […] Read more

Gold Trims Gains as Oil and Dollar Recover Before Fed

July 27, 2026 1:59 pm
Key Moments Gold (XAU/USD) opened the week with a bullish gap and traded near $4,083 after briefly moving above $4,100, up 0.77% on the day. West Texas Intermediate (WTI) crude rebounded from an intraday low of $81.28 to trade near $83 per barrel, while still down more than 6% on the day. XAU/USD remained locked […] Read more

Oil Price Slide Hit Exxon Mobil Shares Ahead of Earnings

July 27, 2026 10:54 am
Key Moments Exxon Mobil stock fell nearly 3% in pre-market trading as Brent crude dropped more than 8% to around $90 per barrel. The pullback in crude prices undercut earlier expectations that higher liquids prices could add $3.5 billion to $3.9 billion to Q2 upstream earnings. While energy stocks declined broadly, major U.S. equity indices […] Read more

European Gas Falls as Middle East Truce Cuts Risk Premiums

July 27, 2026 10:24 am
Key Moments European benchmark natural gas contracts dropped nearly 9% in early trading, reversing from four-month highs reached late last week. The move followed a 5% decline in global crude oil prices after Iranian officials signaled a conditional halt to attacks on commercial shipping. European gas storage levels are near 54% capacity, below five-year norms, […] Read more

Crude Slumps as Iran Tensions Ease and Risk Premium Fades

July 27, 2026 9:27 am
Key Moments Brent Oil Futures dropped 6% to $90.93 a barrel, while Crude Oil WTI Futures fell 6.1% to $83.83 a barrel. Prices gave back last week’s war-driven gains after the U.S. paused airstrikes and Iran signaled it would halt retaliatory attacks while the pause holds. Ongoing shipping disruptions around the Strait of Hormuz and […] Read more

Silver Surges Toward $60 as Oil Slumps on Iran Truce

July 27, 2026 7:55 am
Key Moments Silver (XAG/USD) trades sharply higher near $60.00 during the Asian session, gaining more than 2%. A pause in US-Iran military escalation has driven WTI Oil down 5.6% to near $84.00, easing inflation and rate concerns. The Federal Reserve is widely expected to keep interest rates unchanged at its upcoming Wednesday policy announcement. Middle […] Read more

LME Aluminum Pullback Deepens as Prices, Stocks Retreat

July 27, 2026 7:19 am
Key Moments LME aluminum cash bid and offer prices declined by 0.59 per cent, with the cash offer settling at USD 3,175 per tonne. Three-month and Dec-27 aluminum contracts, as well as the 3-month Asian Reference Price, all moved lower, while alumina prices held steady. LME aluminum stocks, Live Warrants, and cancelled warrants all decreased, […] Read more

WTI Crude Falls as De-escalation Hopes Offset Supply Risks

July 27, 2026 6:02 am
Key Moments WTI opened the week with a sharp bearish gap and traded near $84.00, down almost 6% on the day after retreating from last week’s high around $92.25. Signals of a pause in US strikes on Iranian targets and a potential opening for diplomacy pressured prices by easing the geopolitical risk premium. Shipping disruptions […] Read more

Crude Oil Holds Strong Weekly Gain Despite Friday Pullback

July 24, 2026 2:30 pm
Key Moments Brent crude futures were lower by 3.3% at $97.39 a barrel, while U.S. WTI futures declined 2.6% to $89.78 a barrel. Brent remained up more than 9% over the past week, positioning the benchmark for a third consecutive weekly advance. U.S. military strikes on Iranian targets and Iran’s rejection of a U.S.-backed ceasefire […] Read more