Commodities News

Gold Slides as Strong Dollar, Fed Hike Bets Pressure Market

Key Moments XAU/USD is trading near $4,130 after briefly dipping below $4,100, extending its corrective phase. Read more

Heatwaves, Supply Disruptions Support Natural Gas Ahead

Key Moments Commerzbank analysts see stronger heatwaves in Europe and Asia increasing electricity demand and gas-fired power use, supporting higher gas prices. An explosion at Qatar’s LNG complex may delay the planned ramp-up to 80% of pre-war exports within two months, prolonging tight LNG supply. Persistent supply issues linked to the Iran conflict are seen […] Read more

Damen LNG Repair Shows Challenge of Cutting Russia Ties

Key Moments Damen confirmed it performed emergency work in August 2025 on LNG carrier Wen Cheng, which has transported cargoes linked to Russia’s Yamal LNG export chain. The repair occurred months after Damen’s early 2025 decision to halt all work on LNG tankers associated with Russian LNG exports, in line with Dutch foreign policy. Damen […] Read more

Aluminum Tightens as Supply Disruptions Offset Growth Now

Key Moments Global primary aluminum production rose 3.5% month-on-month to 6.2mt in May, according to International Aluminium Institute data. ING estimates around 3mt of capacity has been removed from the market due to Middle East disruptions and is unlikely to return quickly. ING strategists continue to project a global aluminum deficit of around 1.8mt this […] Read more

WTI Steadies Near $73 as Iran Dispute Clouds Supply Outlook

Key Moments WTI traded around $73.40 per barrel in European hours on Tuesday, trimming earlier losses after an intraday rebound. Tehran rejected claims it agreed to allow IAEA inspectors back, stating it had made “no new commitments” on nuclear inspections. Washington granted Iran a 60-day waiver to resume oil sales, while Iran shipped more than […] Read more

Crude Oil Slips on US-Iran Deal Boosting Supply Outlook

Key Moments Brent crude declined 3.3% to USD 77.90 as traders reacted to signs of progress in US-Iran negotiations. The US granted a 60-day license permitting Iran to sell crude on international markets, easing longstanding sanctions. More than 30 million barrels of Iranian oil had already been shipped to Asia in the past week ahead […] Read more

Copper Supported as Tight Inventories Offset China Output

Key Moments LME copper prices edged higher as reports of progress in US-Iran talks eased transit and inflation concerns. SHFE and LME copper inventories declined, with SHFE stocks at their lowest since December 2025 and LME stocks at March 2026 lows. China’s refined copper output increased 2.2% year-on-year to 1.3mt in May, supported by improved […] Read more

Gold Slips as Dollar Strength and Fed Outlook Weigh

Key Moments Gold (XAU/USD) fell to a nearly two-week low around $4,115 amid sustained US Dollar strength. Hawkish signals from the Federal Reserve and firm expectations of at least one rate hike have supported the USD. Investors are watching upcoming US data releases, including flash PMIs and Thursday’s PCE and final Q1 GDP, for fresh […] Read more

Hawkish Fed Pressures Silver as Inflation Fears Ease Up

Key Moments XAG/USD is trading near $64.50 per troy ounce on Tuesday in Asia, down more than 1% after prior gains. Futures markets have fully priced in a 25-basis-point Fed rate hike for September following Kevin Warsh’s hawkish first meeting as Fed Chair. Progress in US-Iran peace talks and a 60-day US license for Iranian […] Read more

WTI Crude Near $74 as Iran Talks Shape Market Sentiment

Key Moments WTI crude trades around $74.00 per barrel in Asian hours, hovering close to its weakest level since March. Qatar and Pakistan report “encouraging progress” in initial US-Iran talks, with a roadmap toward a final deal within 60 days. A temporary US easing of sanctions on Iranian crude exports pressures prices, while geopolitical risks […] Read more