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.

Oil falls, gold looks for direction

Oil prices slip even as gas prices soar Natural gas prices in Europe have understandably spiked in the aftermath of Russia's decision to cut off Poland and Bulgaria. Suddenly the market is forced to price in the Kremlin taking similar action against much larger customers, having decided that the threat of Europe imposing the embargo was low given certain resistance.

27-04-2022 11:05 GMT by Craig Erlam

Oil and gold look for direction

Oil trades sideways in Asia Oil markets reversed their losses from Monday overnight, rising after Russia announced natural gas export bans on Poland and Bulgaria from today unless they paid in roubles. Brent crude rose by 2.85% to USD 105.40, and WTI rallied by 3.10% to USD 101.60 a barrel.

27-04-2022 04:52 GMT by Jeffrey Halley

Jumpin’ Vlad Flash cuts his gas gas gas

Russian oil payment demands spooks the market The Ukraine/Russia conflict has suffered some headline fatigue of late, and more than a little complacency by the world’s financial markets, as China's slowdown fears grabbed centre-stage. With a nod to the Rolling Stones in the title of today’s newsletter, the economic ripples of the Ukraine conflict are back on the front pages.

27-04-2022 04:04 GMT by Jeffrey Halley

Oil rebounds, gold tries to find support

Oil moves higher Oil is making a comeback as energy traders focus on tightness in the diesel markets and shift the focus back to Russian energy supplies and the rising danger of nuclear war in Ukraine. Earlier crude prices got a boost after China's PBOC stepped up efforts to calm markets and as energy traders await China's mass COVID testing results, which could lead to even more lockdowns. The oil market has priced in enough demand destruction from China and crude prices should start to find s

26-04-2022 14:17 GMT by Edward Moya

Oil rises, gold drops below USD 1900

Oil rises in Asia Oil markets were sold heavily overnight on the China risk-aversion trade, as growth fears fed through to lower oil demand calculations. Brent crude fell by 3.45% to USD 102.50 after testing and bouncing off the USD 100.00 a barrel region intraday.

26-04-2022 05:17 GMT by Jeffrey Halley

US Close: Stocks show resilience, Musk and Twitter have a deal, Oil’s demand problem, Gold’s danger zone, Bitcoin above $40k

US stocks were under pressure earlier as investors couldn’t quite summon up the courage to ‘buy the dip’ as global growth concerns were driven as China seems poised they won’t back away from their zero COVID strategy. With no more Fed speak until next week’s policy decision, the bond market selloff was ready for a pause.

25-04-2022 16:35 GMT by Edward Moya

Oil slides, gold falls as dollar rises

Oil falls heavily in Asia Oil markets fell on Friday as risk aversion and China growth fears weighed on prices. Brent crude fell by 2.40% to 106.10, with WTI falling by 2.20% to USD 101.70 a barrel.

25-04-2022 05:11 GMT by Jeffrey Halley

Gold - Further rallies to come?

Or could we finally see a bearish breakout? The recent rally in gold appeared to be building momentum but just as it did, it ran into firm resistance around $2,000 and it's been downhill since then. The yellow metal may have been supported by higher inflation expectations but yields have continued to rise as traders price in more rate hikes on the back of some very hawkish Fed commentary. Since falling just short of a major breakout, the price has been falling but could things start to look

22-04-2022 19:23 GMT by Craig Erlam

Week Ahead - A bumper start to the week

Big events keep coming It could be an interesting start to the week depending on who wins the second round of elections in France on Sunday. Marine Le Pen has made significant progress over the last five years and the race for the Presidency is expected to be much closer this time as a result.

22-04-2022 17:58 GMT by Craig Erlam

Oil choppy, gold's rough week, bitcoin blow

Oil choppiness continues Oil remains choppy with China and the Fed creating a bit more two-way price action amid very tight markets. The risks are certainly more tilted to the upside, given the war in Ukraine and a potential embargo on Russian exports, but lockdowns in China and the risk of a Fed-driven economic slowdown are also significant. Central banks may be targeting a soft landing while belatedly combating very high inflation but that is very hard to achieve and there are plenty of reas

22-04-2022 08:47 GMT by Craig Erlam

Oil and Gold Markets Are Surprisingly Quiet.

Oil markets are surprisingly quiet. Oil markets, by their standards, have been surprisingly quiet for the past few sessions, consolidating after hefty losses earlier in the week. At this stage, fears over China's growth and overtightening by the Fed capping US growth seem to be balancing out concerns that Europe will soon widen sanctions on Russian energy imports.

22-04-2022 02:06 GMT by Jeffrey Halley

Oil and bitcoin up, Gold slips amid higher yields

Oil higher as EU nears Russian ban Oil prices are heading higher again, up more than 2%, as reports suggest the EU is nearing a framework for phasing out Russian oil imports. Given how big a market it is for Russia, accounting for roughly half its exports, that will come as a real blow to the Kremlin.

21-04-2022 11:52 GMT by Craig Erlam

Oil drifting, gold steady

Oil markets are surprisingly quiet Oil markets traded sideways overnight, with China's growth fears offsetting a large drop in official US crude inventories overnight. With the geopolitical news ticker fairly quiet, oil markets contented themselves with consolidating the previous day's gains.

21-04-2022 04:26 GMT by Jeffrey Halley

Oil pares declines, gold stabilises

Oil buoyed by inventory reversal Oil prices are back in the green on Wednesday, paring yesterday's declines just as WTI appeared to be nearing USD 100 once more. The recovery was aided by the EIA inventory data which reversed last week's shock 9.4 million barrel increase to register an 8 million barrel draw. The downward revisions to growth forecasts from the IMF and World Bank in recent days weighed on oil prices after a four-day surge.

20-04-2022 12:54 GMT by Craig Erlam

Oil down on IMF, gold whipsaws

IMF China forecast slams oil prices Libya’s production and export issues have been quickly forgotten as the IMF belatedly lowered its forecast for China's GDP this year, citing Covid-zero challenges amongst others. Lower China growth equals lower oil consumption in the simplistic minds of day traders, and oil prices duly slumped.

20-04-2022 05:49 GMT by Jeffrey Halley

China disappoints on stimulus hopes, again

China maintains LPRs China disappointed markets that were looking for more comprehensive stimulus measures as it left both its one and five-year Loan prime Rates (LPR) unchanged. Although the PBOC did announce some targeted support measures for homeowners and small businesses and set a much weaker CNY fix versus the US dollar today, equities in China have bucked the trend elsewhere, heading directly south. China continues to stay wedded to deleveraging parts of the economy while attempting to a

20-04-2022 03:57 GMT by Jeffrey Halley

Oil slides, gold eyes USD 2000

Oil slips back but upside risks remain Another volatile day of trade in oil markets has seen Brent and WTI falling around 5%. Lower growth forecasts and slower Chinese growth at the end of the first quarter amid lockdowns appear to have driven the bulk of the move, although it comes following a strong four-day rally after the world's second-largest economy started easing restrictions. There remain plenty of upside risks to the oil price, even at these levels, which makes today's large declines a

19-04-2022 13:52 GMT by Craig Erlam

A bullard in a China shop

The who can be the most hawkish Federal Reserve President continued overnight as James Bullard came out swinging, suggesting that Fed Funds may need to rise to a “neutral” rate of 3.50%, and suggesting a 0.75% rate hike along the way wasn’t out of the question. The impact of the statements was minimal in the end as it likely doesn’t reflect the views of the FOMC, yet.

19-04-2022 05:34 GMT by Jeffrey Halley

Oil rises, gold eases lower

Libya nerves lift oil prices Libyan officials announced several force majeure on oil deliveries overnight, as expected. With export terminals effectively shut down due to protests or occupation, oil prices edged higher, helped by the Ukrainian comments that Russia’s eastern assault had begun.

19-04-2022 05:32 GMT by Jeffrey Halley

Libya nerves lift oil prices

Oil prices are around 1.0% higher today in Asia as trading resumes after the Good Friday holiday. In thin trading, oil closed modestly higher on Thursday, and today, Brent crude has risen to USD 112.75 a barrel, and WTI to USD 108.00 a barrel.

18-04-2022 06:06 GMT by Jeffrey Halley

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