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WTI Retreats as Market Weighs Ceasefire, Supply Data

April 22, 2026 9:28 am
Key Moments WTI Crude slipped to $87.50 after touching $91.60 on Tuesday, while staying within the recent trading band. Traders largely looked past President Trump’s indefinite US-Iran ceasefire extension as talks with Tehran remained stalled. API data showed a 4.4 million-barrel drop in US crude inventories for the week of April 17, beating expectations of […] Read more

Spot Silver rebounds as US extends Iran ceasefire

April 22, 2026 8:34 am
Spot Silver rebounded on Wednesday, tracking Gold, as the US extended a ceasefire with Iran, which eased concerns of an inflation surge, pushing oil prices lower by over 1%. US President Donald Trump stated he would indefinitely extend the ceasefire with Iran so that further peace talks could take place. However, Iran pushed back on […] Read more

Aluminum Rebounds as LME Cash Tops $3,600, Stocks Falls.

April 22, 2026 8:31 am
Key Moments LME aluminum cash bid and offer prices rose to USD 3,612 per tonne and USD 3,613 per tonne on April 21. Three-month LME aluminum contracts advanced, while the 3-month Asian Reference Price slipped slightly to USD 3,557 per tonne. LME aluminum opening stocks fell to 386,250 tonnes on April 21, with both live […] Read more

Oil Steadies Just Below $100 as U.S. Extends Iran Ceasefire

April 22, 2026 8:26 am
Key Moments Brent crude traded at $98.27 per barrel, down 0.2 percent, while WTI slipped 0.4 percent to $89.28 per barrel. President Donald Trump indefinitely extended the ceasefire with Iran as the Strait of Hormuz remained largely blocked. Gold gained 1.2 percent to $4,759 per ounce, while Saudi stocks eased and UAE markets edged higher. […] Read more

Silver Rises as Oil Falls US-Iran Ceasefire ExtensionUP

April 22, 2026 8:21 am
Key Moments Silver (XAG/USD) trades 2.3% higher, hovering near $78.50 in early European hours on Wednesday. WTI Oil slips 2.3% to around $87.60 after briefly touching near $91.60 on Tuesday. The US Dollar Index (DXY) trades 0.13% lower near 98.27, providing additional support to Silver. Market Overview Silver prices (XAG/USD) are climbing, with the metal […] Read more

Gold rebounds on US-Iran ceasefire extension

April 22, 2026 6:56 am
Spot Gold rebounded on Wednesday, following two days of losses, as the US extended a ceasefire with Iran, which eased concerns of an inflation surge, pushing oil prices lower by over 1%. US President Donald Trump stated he would indefinitely extend the ceasefire with Iran so that further peace talks could take place. Yet, it […] Read more

Gold Gains as Dollar Softens on Iran Ceasefire News

April 22, 2026 6:53 am
Key Moments Gold (XAU/USD) hit a new intraday high. It rebounded from a one-week low near $4,669-$4,668. The US Dollar eased after a temporary US-Iran ceasefire extension. However, tensions around the Strait of Hormuz limited losses. Traders stayed cautious. Expectations for a less dovish Fed and mixed signals kept bulls in check. Gold Benefits from […] Read more

Questions Mount Over Virtus Minerals Congo Track Record

April 21, 2026 2:01 pm
Key Moments Virtus bought Chemaf’s mines for $30 million in March, marking the first physical investment under the U.S.-DRC strategic minerals partnership signed last year. Documents, court records, and multiple sources indicate Virtus did not acquire or operate the long-idle Likasi copper-cobalt processing plant cited in its Congo track record. A $2 million USAID grant […] Read more

Russian Oil Output Hit by Drone Strikes, Exports Disrupted

April 21, 2026 1:27 pm
Key Moments Russia was forced to curb oil production in April after Ukrainian drone attacks on ports and refineries and a shutdown of crude flows on its last oil pipeline to Europe. Output in April may have declined by about 300,000 to 400,000 barrels per day from average levels seen earlier in the year, according […] Read more

Energy Costs, Supply Constraints Drive Industrial Metals

April 21, 2026 12:24 pm
Key Moments Copper pulled back after a recent rally but is still trading close to its two-month peak. Higher energy prices and persistent inflation are cited as key pressures on industrial metals demand. Aluminium prices are underpinned by a 6% drop in March production in Gulf countries to 15,963 tonnes per day. Overview of Copper […] Read more