December 15, 2025 3:06 pm
Key Moments Brent crude futures were $60.92 per barrel and U.S. WTI $57.23 per barrel, both slightly lower in intraday trading. Venezuela’s oil exports have fallen sharply after a U.S. tanker seizure and new sanctions on shipping entities. JPMorgan Commodities Research projects global oil supply will grow three times faster than demand through 2026, widening […]
Read moreDecember 15, 2025 1:28 pm
Key Moments Benchmark three-month LME copper rose 1.4% to $11,670 per metric ton by 1058 GMT. Copper followed a record high of $11,952 on Friday with a short-covering-led rebound after a sharp sell-off. Roughly 39% of 165,875 tons of LME copper inventories were flagged for delivery out as traders adjusted positions ahead of contract settlement. […]
Read moreDecember 15, 2025 8:00 am
Spot Gold held near a 7 1/2-week high of $4,353.55/oz. on Monday, as the US Dollar stood near a two-month low, while investors braced for the US Non-Farm Payrolls data tomorrow for more insight into macroeconomic conditions and the Fed’s future interest rate path. “Gold is likely to remain well bid into U.S. non-farm payrolls, […]
Read moreDecember 15, 2025 7:49 am
Key Moments Spot gold rose 1% to $4,343.62 per ounce, while March futures gained 1.1% in Asian trading. Meanwhile, silver climbed 1.6% and stayed near last week’s record high, while platinum advanced 1.8%. Looking ahead, markets are focused on U.S. jobs and inflation data for clues on the Fed’s next move. Gold Rallies as Dollar […]
Read moreDecember 12, 2025 3:03 pm
Key Moments Front-month U.S. natural gas futures fall more than $1 over the week as warmer December weather projections erode heating demand expectations. Market participants largely ignore a larger-than-expected -177 Bcf storage withdrawal, focusing instead on robust supply and mild conditions. December 16–25 forecasts shift to an “exceptionally warmer” pattern, abruptly dragging down anticipated heating […]
Read moreDecember 12, 2025 2:48 pm
Key Moments Silver is trading with high volatility and is pushing toward the $65 level. Upside momentum remains intact. Traders continue to treat short-term declines as buying opportunities. Support zones appear around $62.50 and $60. A recent flag breakout suggests a possible extension toward $68. However, concerns remain after the sharp reversal from $54. Market […]
Read moreDecember 12, 2025 11:05 am
Key Moments Russia’s oil and gas budget revenue is projected at 410 billion roubles in December. This is almost half the level recorded a year earlier. Full-year oil and gas revenue is expected to reach 8.44 trillion roubles. This is nearly a quarter below the prior year and below the Finance Ministry’s 8.65 trillion rouble […]
Read moreDecember 12, 2025 10:12 am
Key Moments Brent February futures traded at $61.40 per barrel and WTI at $57.69 per barrel, both up 0.2% after the prior session’s sharp declines. Oil benchmarks remained on track to lose more than 3% for the week, following a 1.5% drop on Thursday to their lowest levels in over seven weeks. A reported U.S. […]
Read moreDecember 12, 2025 8:14 am
Spot Gold extended gains to a fresh 7 1/2-week high of $4,293.09/oz. on Friday, underpinned by expectations of further policy easing by the Federal Reserve. New signs of US labor market softness only added to prospects of two Fed interest rate cuts next year. US initial jobless claims rose by 44,000 to 236,000 during the […]
Read moreDecember 11, 2025 10:51 am
Key Moments The International Energy Agency raised its global oil demand outlook for 2025 and 2026 while lowering its supply growth projections. World oil supply declined by 610,000 b/d in November, with OPEC+ responsible for more than three-quarters of the drop. The IEA now estimates a 3.815 million b/d supply surplus in 2026, still a […]
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