Commodities: all news & analysis

Explore our extensive commodities news, which unveils critical insights into price movements, trends, and expert forecasts in the raw materials market. By examining price actions and understanding the factors influencing commodity values, understand current market dynamics. This page is designed to boost your research on historical trends, identify seasonal patterns, and sharpen your trading strategies across sectors such as energy, metals, and agriculture. Equip yourself with the knowledge necessary to enhance your understanding of the commodities landscape and elevate your trading decisions.

US Close: Wild start on Wall Street, Biden’s Tax Fantasy, Apple’s Warning, China Lockdowns send oil lower, King Dollar sends gold lower, Bitcoin breakout

It’s been a bumpy start to the trading week as bond yields remain elevated as inflation fears continue to chip away whatever solid footing remains for the US economy. It is not 1970s style inflation yet, but eventually risk appetite will struggle as the robust consumer demand softens. Stocks have been resilient and have been somewhat supported on hopes that both the war in Ukraine won’t be a long one and that a lot of the inflation we are currently seeing will ease in the second half of the yea

28-03-2022 17:57 GMT by Edward Moya

Oil slumps ahead of OPEC+, gold dips

Oil slides ahead of OPEC+ meeting Oil prices are down more than 7% at the start of the week, wiping out almost all of last week's gains, as ceasefire talks and Chinese lockdowns take some of the pressure out of the market. Prices have become very elevated and are susceptible to further spikes as Europe looks to pivot away from Russia and sanctions bite. The fact that Russia and Ukraine are holding negotiations doesn't guarantee we'll see any substantial progress as we've seen all too often in

28-03-2022 13:11 GMT by Craig Erlam

Oil falls on China fears, gold eases

China worries push oil lower Oil prices consolidated their week’s gain on Friday, Brent crude closing at USD 119.25, and WTI closing at USD 112.65 a barrel. The Shanghai rolling lockdowns have prompted some consumption fears in China and pushed oil prices lower today.

28-03-2022 04:11 GMT by Jeffrey Halley

Market Insights Podcast (Episode 312)

Jonny Hart speaks to APAC Senior Market Analyst Jeffrey Halley about news impacting the market and the week ahead. In today's episode, Asian markets were sprung a Shanghai Surprise (Not the Madonna movie) as Chinese authorities announced a rolling lockdown of the commercial heart of China to manage its omicron outbreak. We look at the impact on Asian markets today, notably equities and oil, as well as discuss China's "Covid-zero" policy.

28-03-2022 03:18 GMT by Jeffrey Halley

Bitcoin - Buoyed by oil and gas claim

Can it break resistance? In the latest twist in the crypto space, Russian lawmaker Pavel Zavalny, claimed the country may consider accepting payment for oil and gas in bitcoin from friendly countries. I mean, this should seriously be taken with a pinch of salt for a number of reasons. Not least Russia's widely known opposition to cryptos.

25-03-2022 16:51 GMT by Craig Erlam

Market Insights Podcast (Episode 311)

Jonny Hart looks back on the week's business and markets news with OANDA Senior Market Analyst Ed Moya in New York. This week they discuss how financial markets reacted to the global impact from the war in Ukraine, oil markets, and cryptocurrencies. They also discuss what the week ahead has in store for financial markets.

25-03-2022 16:15 GMT by Edward Moya

US Close: OANDA - Stocks have another strong week, Oil turns positive after Aramco site hit, Gold edges lower, Bitcoin higher

US stocks posted another week of gains as investors watch developments in Russia’s war in Ukraine and as Fed rate hike expectations continue to grow. It seems the skyrocketing move higher with commodity prices has taken a break and that has allowed investors a chance to pile back into equities. Geopolitical risks remain very elevated and the rally in equities over the past two weeks is impressive.

25-03-2022 16:02 GMT by Edward Moya

Oil edges lower, gold stabilizes

Oil edges lower but market remains extremely tight Oil prices are slipping for a second day as it's become clear that the EU is not about to agree on a ban on Russian oil imports, no matter how much it would like to follow the actions of the US. While it would be devastating for Russia, it would also be so for European countries as there isn't exactly an abundance of affordable oil out there.

25-03-2022 10:40 GMT by Craig Erlam

Oil rising on new supply risks

OANDA Senior Market Analyst Craig Erlam discusses why oil prices are rising once more and whether they can continue to do so.

25-03-2022 08:27 GMT by Craig Erlam

Oil declines, gold edges upwards

Oil prices slide overnight Oil prices slid overnight after another very volatile day of price action with very wide ranges. Brent crude finished 2.60% lower at USD 118.20 a barrel, and WTI fell 2.75% to USD 111.30 a barrel.

25-03-2022 04:54 GMT by Jeffrey Halley

Gold - Will it soon test record highs again?

Is there still great demand for safe havens and inflation hedges? After a period of consolidation, gold prices have been rising again in recent days, hitting a 10-day high in the process. This comes even as central banks signal an aggressive tightening cycle this year to combat soaring inflation and risk appetite remains healthy as Ukraine and Russia continue to engage in negotiations. Clearly, there is still plenty of uncertainty and unease in the markets and while central banks are trying t

24-03-2022 18:59 GMT by Craig Erlam

Brent Crude - Interesting areas of support

Will corrections be shallow? Oil prices have been rising once again over the last week as the EU has considered banning Russian imports and an outage on a pipeline that runs through the country reduced output by around one million barrels per day. Sanctions imposed by the West have already caused significant disruption to Russian oil exports which could total around three million barrels per day, on top of the one million coming through the country from Kazakhstan. In an already very tight ma

24-03-2022 17:36 GMT by Craig Erlam

Oil declines, gold rallies as sanctions hit Russian bullion holders

Oil prices drop Crude prices are declining as energy traders expect that after all the EU leaders, NATO, and G7 meetings, Russian energy will not be sanctioned anytime soon. Mixed European manufacturing data and the snapping of robust factory activity in the US did not do much for changing the opinion of how the crude demand outlook will be in the next few months. The focus for oil remains with the war in Ukraine. Some Russian military advances have ground to a halt, which is complicating Put

24-03-2022 15:06 GMT by Edward Moya

Oil steadies, gold has firm support

Oil stabilises as OPEC expresses concerns Oil prices are a little flat after spiking higher on Wednesday in response to apparent storm damage on the Caspian Pipeline Consortium (CPC) that will affect around a million barrels per day from Kazakhstan for up to a couple of months. Coming at a time when the market is already extremely tight, it could ensure prices remain higher and vulnerable to further increases. OPEC has reportedly expressed its unease to the EU regarding a proposed ban on Russi

24-03-2022 12:17 GMT by Craig Erlam

Market Insights Podcast (Episode 310)

OANDA Senior Market Analyst Craig Erlam reviews the latest market news with Jonny Hart. They discussed the latest moves in oil and gas, and the UK Spring Statement and inflation data.

24-03-2022 07:55 GMT by Craig Erlam

Oil surges, lower US yields boost gold

Oil prices soar overnight Russian President Putin shocked the energy markets on Wednesday when he directed that payments for Russian natural gas by “unfriendly nations” must be paid for in roubles. The announcement and the full closure of the Caspian Pipeline Consortium’s (CPC) pipeline by Russia sent European natural gas prices 30% higher, and also aggressively lifted crude prices, helped by lower official US Crude Inventories.

24-03-2022 05:35 GMT by Jeffrey Halley

Oil soars, gold looks for direction

Oil surges amid further supply issues Oil prices are more than 5% higher after Russia confirmed that oil exports via the Caspian Pipeline Consortium (CPC) will fall by around a million barrels a day for up to two months as a result of storm damage. This comes at a time of significant tightness in the market and could contribute to further increases in the price in the coming weeks. That is of course unless other producers step up and utilise the spare capacity in order to prevent oil prices fr

23-03-2022 12:56 GMT by Craig Erlam

Stocks slip as oil and gas surge

European stocks have posted losses of around 1% on Wednesday, paring some of the gains we've seen over the last couple of weeks.

23-03-2022 12:52 GMT by Edward Moya

Mid-Market Update: Stocks lower as soft landing fantasy seems unlikely, Energy prices jump, Gold rallies, Bitcoin Hovers

US stocks declined as the harsh reality sets in that the Fed most likely won’t be able to navigate a soft landing as geopolitical risks will continue to keep upward pressures on prices and force the Fed into a difficult decision later this year. The Fed will either have to tighten policy so much that it sends the economy into a recession, or it will once again have to flip flop and prevent policy from becoming too restrictive. Wall Street's resilience for risky assets can't handle a flip-flopp

23-03-2022 12:48 GMT by Edward Moya

Oil surges, gold eases

Oil prices soar overnight Oil markets are a mess of volatility at the moment, along with my oil data feeds, as Brent crude and WTI endured another day of very choppy trading in a very wide intraday range. Brent crude gave back all its intraday gains, even after API Crude Inventories fell, to finish 1.85% lower at USD 114.50 a barrel.

23-03-2022 04:28 GMT by Jeffrey Halley

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