Commodities News — page 6
Original FXMARE commodities news briefs — gold, silver, oil and energy market coverage, newest first. 265 articles.
- European shares rise as oil slides on U.S.-Iran pause and central banks in focus
European equities advanced as oil prices declined amid a pause in U.S.-Iran tensions, with investors watching a busy calendar of central bank meetings and a rally in digital assets following the ceasefire signals.
- Oil slides more than 5% on U.S.-Iran pause; futures rise as earnings and Fed in focus
Futures markets firm as oil declines on reports of a pause in U.S.-Iran tensions, with investors eyeing a heavy week of earnings and a Federal Reserve policy meeting
- Oil falls as Iran signals halt to attacks if U.S. pause holds
Oil prices slide after Iran reportedly signals it would suspend attacks as long as a U.S. pause remains in place, fueling a broader market rally as investors await key events in the U.S. week.
- Iran conflict widens to Red Sea and Caspian as Gulf quiets and Saudi response
As tensions linked to the Iran-backed conflict expand, Iran confronts new fronts in the Red Sea and Caspian while the Gulf remains comparatively quiet and Saudi strikes escalate against Houthi targets
- Kuwait Oil Co. signs $16B pipeline lease deal with Blackstone, KKR, Brookfield
Kuwait Oil Company has entered a US$16 billion lease-and-leaseback agreement for its domestic and export pipeline network with Blackstone, KKR, and Brookfield, according to multiple outlets.
- Brent Crude Surges Above $100 as Middle East Tensions Disrupt Supply
Brent crude climbs above $100 a barrel amid renewed Middle East supply fears after attacks on Saudi oil assets, with markets noting political rhetoric adding to supply concerns.
- Canada stocks fall as oil spike and Fed rate fears weigh on markets, loonie gains on supply concerns
Canadian equities retreat as crude oil jumps on supply concerns and market worries about U.S. monetary tightening, while the loonie strengthens on oil-driven demand signals.
- Goldman Sachs Chief Supports CLARITY Act as Vote Approaches
Goldman Sachs CEO backs the crypto market structure bill amid banking worries over stablecoin provisions, signaling support for a regulatory framework ahead of an expected Congressional vote.
- Freeport-McMoRan Q2 profit rises, beating estimates on higher copper prices
Freeport-McMoRan reported stronger-than-expected second-quarter earnings, driven by higher copper prices and an improvement versus the prior-year period.
- Red Sea Attacks Lift Brent Toward $100 as European Gas Contracts Rise
Brent crude climbs toward the $100 level amid reports of Red Sea attacks and escalation around the Strait of Hormuz, while Dutch and UK gas contracts push higher on persistent regional tensions
- WTI Breaks Toward $90 as Pipeline Stocks Eye Crude Link
A rally in WTI crude toward the $90 area and reports on Plains All American's high-yield pipeline profile frame the latest energy market narrative.
- Houthis claim strikes on Saudi oil tankers in Red Sea, oil market reacts
Houthis say they attacked Saudi Arabian oil tankers in the Red Sea, raising concerns over a new chokepoint as tensions in the region escalate, with oil markets responding to the development.
- Gold steady above $4,130 as Middle East tensions offset rate fears
Gold holds above $4,130 amid ongoing Middle East tensions while investors weigh higher-rate concerns, with oil also on the rise and markets on edge
- Oil climbs as Middle East tensions broaden to Red Sea, markets brace for disruption
Oil prices rise amid expanding Middle East conflict, with Red Sea shipping disruptions and potential impact on the Strait of Hormuz cited as market drivers.
- Japan Exports Jump 19.3% in June as Oil Imports widen Trade Deficit
June trade data showed Japan's exports rising at the fastest pace since late 2022, while imports surged on oil-driven demand, widening the trade gap and shaping BOJ policy considerations.
- Oil retreats after Iran signals ongoing mediation amid Middle East tensions
Oil prices ease from near-term highs as Iran indicates diplomatic efforts with the United States continue through mediators, influencing European markets and broader risk sentiment.
- Oil prices hold steady as diplomacy amid US‑Iran tensions persists
Oil markets remain calm despite ongoing US‑Iran tensions as diplomatic channels and mediator-led talks continue amid attacks and strategic concerns over key shipping routes.
- Rupee slides on oil rally as crypto steadies amid AI and energy tensions
The rupee hit a two-month trough on rising oil prices, while bitcoin hovered near $64,000 as Brent crude surged on geopolitical tensions, with tech equities and AI-related stocks weighing on risk sentiment.
- European shares wobble as Middle East jitters lift oil and loom over ECB, tech earnings
Europe’s stocks edged lower as Middle East tensions supported oil and investors awaited ECB policy and key US tech results
- Brent oil tops $90 as US-Iran conflict intensifies in Middle East
Oil prices rise with Brent over $90 as clashes between the U.S. and Iran intensify in the Middle East, while stock-index futures drift and investors await key tech earnings this week.
- Iraq, Syria sign pact to restore pipeline as an alternative to Hormuz
A proposed oil pipeline restoration between Iraq and Syria aims to bypass the Strait of Hormuz, as Iraqi leadership engages with Washington amid fresh energy deals with Chevron
- Oil climbs as US-Iran tensions intensify and Red Sea route threat emerges
Oil prices advanced as Iran signaled retaliation against potential U.S. actions targeting its infrastructure, with reports also noting the risk of Red Sea disruption amid escalating hostilities
- BHP reports Q4 copper down, iron ore up; warns of weak copper in FY27
BHP flags weaker copper production for fiscal 2027 after a fourth-quarter dip, while iron ore output rebounds, signaling a mixed near-term commodity profile for the miner.
- US strikes Iran again, targeting Bandar Abbas and naval threats
Reports say the US conducted a second wave of military strikes on Iran, with targets including Bandar Abbas and Iranian military capabilities used to threaten vessels at sea
- Yields flat as inflation data, oil rebound weigh on markets; Bitcoin cools
Markets held steady as investors awaited June producer price inflation data, weighing a rebound in oil against signs of cooling inflation pressures and a softer crypto rally.
- Oil climbs as U.S.-Iran hostilities flare in Strait of Hormuz
Oil prices rose amid renewed U.S.-Iran hostilities, with strikes on energy targets and threats of further action prompting markets to reassess supply risk in the Strait of Hormuz.
- Trump says US to strike many oil-related deals with Iraq
President says Washington will pursue numerous agreements with Iraq, including oil-related ventures, while describing U.S. involvement as protective and inviting regional investment.
- UAE says Iranian missiles hit oil tankers in Strait of Hormuz; oil rises as tensions escalate
Escalating U.S.-Iran tensions in the Strait of Hormuz saw claims of strikes on oil tankers, with oil prices surging and regional markets reacting to the renewed risk environment
- Oil jumps as Trump signals reinstated Strait of Hormuz blockade
Markets react to reports that President Trump intends to reinstate a naval blockade of the Strait of Hormuz, sending oil prices higher amid renewed tensions and market fears
- U.S. Strategic Oil Reserves fall to new low, with maintenance woes cited by government report
U.S. strategic oil reserves have declined to the weakest level since 1983 amid reported equipment failures and leaks, as political tensions surface over securing energy routes