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Brent Holds Near $100 as Hormuz Risks Support Prices

May 20, 2026 9:54 am
Key Moments Brent crude closed at $111.28/bbl, remaining above $110 as the Strait of Hormuz stayed blocked. Investors continued to factor in a higher likelihood of imminent rate hikes amid persistent oil market tension. TTF natural gas advanced +3.12% to EUR 51.82/MWh, marking its eighth straight gain and the highest level since early April. Persistent […] Read more

Brazil Corn Costs Split as Inflation Hits Competitiveness

May 20, 2026 9:27 am
Key Moments Total corn production costs on the typical Mato Grosso farm rose from $69 per ton in 2020 to $147 per ton in 2024, more than doubling over the period. On the typical Iowa farm, total corn production costs increased from $160 per ton in 2020 to $195 per ton in 2024, a 22% […] Read more

Spot Gold plumbs 7-week low on strong USD, high bond yields

May 20, 2026 7:57 am
Spot Gold hovered above a fresh 7-week low on Wednesday, weighed down by a firmer US Dollar and high Treasury yields. The US Dollar Index held close to a 6-week high. A firmer dollar makes dollar-priced Gold less appealing to international investors holding other currencies. The yield on benchmark ​10-year US Treasuries remained at a […] Read more

Silver Near $74 as Breakdown Signals More Losses

May 20, 2026 6:35 am
Key Moments XAG/USD trades around $74.00 after failing to sustain a modest Asian-session rebound toward $75.00. A rejection near the 200-period EMA on the 4-hour chart and a break below a one-month ascending channel have reinforced the bearish setup. RSI hovering near 31 and MACD remaining below zero support expectations for a continuation of the […] Read more

Palladium Seen Stuck in Deficit as Supply Stays Tight

May 19, 2026 1:14 pm
Key Moments The palladium market is expected to record a supply shortfall of 376,000 ounces in 2026, marking a fifth consecutive annual deficit. Total palladium demand is forecast to ease by 1% to 9.56 million ounces, with automotive usage projected to be largely unchanged. Overall supply is projected at 9.19 million ounces, with weaker mine […] Read more

Copper Retreats as Macro Headwinds Challenge Earlier Gains

May 19, 2026 10:04 am
Key Moments Copper on the LME extended its latest bout of losses, weighed down by inflation worries tied to the Iran conflict, weaker Chinese data and a stronger USD. Prices have pulled back from recent highs reached just last week as macroeconomic headwinds have intensified. Even after the recent decline, copper remains about 8% higher […] Read more

Iran Conflict Reshapes Global Energy and Market Power Trends

May 19, 2026 8:57 am
Key Moments Roughly 20% of global oil and LNG flows have been disrupted at the Strait of Hormuz, triggering what is described as the largest energy-supply shock on record. The United States has solidified its status as a leading global energy supplier, briefly surpassing Saudi Arabia as the top oil exporter during the conflict while […] Read more

Oil Slips as US Delays Iran Strike Eases Supply Fears

May 19, 2026 7:52 am
Key Moments Oil prices slipped after the US signaled a delay in a planned military strike on Iran. The move eased immediate fears of supply disruption in the Middle East. Traders remained cautious as geopolitical risks and negotiations with Iran continue. Oil Prices Fall as Trump Delays Iran Strike Oil prices moved lower after US […] Read more