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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

Wheat Reverses Lower as Selling Accelerates

July 24, 2026 1:56 pm
Key Moments Wheat futures are posting double-digit losses on Friday morning after touching fresh multi-year highs overnight on Thursday. Weekly export sales totaled 290,016 MT, up 23.36% from the prior week but still under half of the volume from the same week a year earlier. The annual spring wheat tour reported an average yield estimate […] Read more