February 9, 2026 7:35 am
Key Moments Brent crude traded at $67.38 a barrel and U.S. WTI at $62.94 a barrel, both down 1% by 0444 GMT. Market anxiety over Middle East supply disruptions eased after the U.S. and Iran agreed to continue indirect nuclear talks. Investors monitored shifting trade flows away from Russian seaborne crude and potential implications for […]
Read moreFebruary 6, 2026 3:13 pm
Key Moments Commerzbank’s Barbara Lambrecht highlights mounting short-term pressure on copper from rising exchange inventories and heightened metals market volatility. Chinese power grid operators, described as major copper consumers, reported a 35% year-on-year jump in January capital expenditure for grid expansion. The China Nonferrous Metals Industry Association projected copper production growth of 5% for the […]
Read moreFebruary 6, 2026 1:49 pm
Key Moments The Kuala Lumpur rubber market closed higher, buoyed by strength in crude oil prices. Brent crude oil was up 1.63 per cent at US$68.59 per barrel at the time of writing. Standard Malaysian Rubber (SMR) 20 climbed to 760.50 sen per kg, while latex-in-bulk advanced to 578.5 sen per kg by 3 pm. […]
Read moreFebruary 6, 2026 1:21 pm
Key Moments XAU/USD traded near $4,880 on Friday after rebounding from an intraday low of $4,655 in Asian hours.
Read moreFebruary 6, 2026 10:44 am
Key Moments Silver (XAG/USD) trades just above $74.00 after bouncing from seven-month lows near $64.00. The metal has dropped almost 30% over the past two weeks. This decline follows easing geopolitical tensions and recent US political developments. Technical indicators remain bearish as XAG/USD trades below the key $92.00 resistance zone. Price Action and Market Drivers […]
Read moreFebruary 6, 2026 8:54 am
Key Moments Gold (XAU/USD) recovered from recent lows, trading near $4,840 after touching an intraday high close to $4,846 on renewed safe-haven demand. Weak U.S. labor market indicators and rising expectations of Federal Reserve rate cuts in 2026 weighed on the U.S. dollar and supported precious metals. Silver (XAG/USD) advanced toward the 74.00 level with […]
Read moreFebruary 6, 2026 7:15 am
Key Moments Brent crude traded at $67.80 per barrel and U.S. WTI at $63.54 per barrel at 0353 GMT, both up 25 cents, or 0.4%, on the day. Both benchmarks have fallen more than 3% from late-January peaks near six-month highs after earlier supply fears eased. Analysts flagged that any easing of U.S.-Iran tensions could […]
Read moreFebruary 5, 2026 2:18 pm
Key Moments Brent crude fell $1.54 to $67.92 and WTI dropped $1.52 to $63.62, both down more than 2%. Oil markets focused on planned U.S.-Iran talks in Oman as tensions and military buildups persisted in the Middle East. Record WTI Midland at Houston trading in January and widening Russian discounts to China underscored heightened supply […]
Read moreFebruary 5, 2026 10:35 am
Key Moments Copper prices reversed earlier gains as attention shifted back to weakening demand signals. London Metal Exchange inventories in Asia increased, while traders moved additional African spot cargoes into China. The China Nonferrous Metals Industry Association projected about a 5 per cent rise in refined copper output this year after a 10 per cent […]
Read moreFebruary 5, 2026 10:23 am
Key Moments Natural gas and proxies such as US Natural Gas Fund ETF (NYSE: UNG) have dropped nearly 60% over the past five years after a war-driven price spike in 2022. Warmer February weather expectations triggered about a 15% slide in natural gas prices on Sunday evening following a sharp, cold-driven run-up. Rising AI data […]
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