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 - Stocks pare losses on reports ECB working on a tool to tackle yields, Canadian jobs, Oil rebounds, Gold higher, Bitcoin struggles

US stocks pared losses after reports that the ECB is working a crisis tool that could help tackle what seems to be a likely surging bond yield problem for the southern periphery. The ECB has the hardest job of all the other major central banks and this potential tool shows they are trying to get ahead of what will be an unbalanced economic recovery once inflation eases. Wall Street is looking at surging Treasury yields and swapping out tech stocks for more defensive plays such as energy, finan

08-04-2022 14:34 GMT by Edward Moya

Oil dips to USD 100, gold consolidates

Oil hovers around USD 100 A second weekly decline in oil prices has eased some of the pressures on the global economy going forward, thanks to a combination of factors including huge SPR releases and Chinese lockdowns. Still, at around USD 100 a barrel, prices are very high and there remain significant upside risks going forward. How prolonged and widespread Chinese lockdowns become could be a key factor in the short-term, with it being such a large consumer and some cities with very few cases a

08-04-2022 06:55 GMT by Craig Erlam

Oil edges lower, gold trading sideways

Oil prices ease in Asia Oil prices traded in a USD 5.00 range overnight, but despite the overcaffeinated traders of the oil market raising their blood pressures intraday, both Brent and WTI ultimately settled almost unchanged. This is as good a reason to my readers to not get caught up in short-term market moves generally, as any.

08-04-2022 03:29 GMT by Jeffrey Halley

Gold - Consolidates as Fed turns more hawkish

OANDA Senior Market Analyst Craig Erlam discusses the moves in gold as the Fed's hawkish shift continues.

07-04-2022 17:53 GMT by Craig Erlam

Market Insights Podcast (Episode 317)

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 Fed Minutes, what happened in the oil markets, and discussed cryptocurrencies. They also discuss what the week ahead has in store for financial markets.

07-04-2022 15:05 GMT by Edward Moya

Oil drops, gold rebounds

Oil Crude prices are declining as both supply and demand-side drivers start to turn bearish. The massive IEA crude reserve release plan will provide short-term relief for oil prices but that is also happening as China’s Covid lockdowns are becoming a bigger hit on crude demand.

07-04-2022 13:33 GMT by Edward Moya

Oil falls below 100, gold drifting

Oil below USD 100 after IEA and EIA Oil prices are slipping again today after falling more than 5% on Wednesday. The combination of the IEA reserve release and EIA inventory data sent prices tumbling yesterday and suddenly a world of double-figure oil looks possible. That wouldn't have been something to celebrate only a few months ago but a lot has changed since then.

07-04-2022 12:59 GMT by Craig Erlam

Oil slumps as more short-term relief expected, gold struggles

Oil prices fall on EIA, SPR Crude prices declined after both the EIA report showed US stockpiles posted a surprise build and on reports that IEA nations will deliver an additional 60 million barrels from reserves. Oil might be down today as oil-consuming nations show they are aggressively tapping their emergency stockpiles, but that won’t last as supply constraints will remain given the production outlook for most OPEC+ nations. Pockets of severe supply disruptions for gasoline, diesel, and je

06-04-2022 15:39 GMT by Edward Moya

Oil falls on SPR, gold steady

Oil slips as IEA releases details of SPR release Oil prices are edging lower again on Wednesday as the IEA confirms the details of the coordinated reserve release that will aim to stabilise crude markets. The 120 million barrel release includes 60 million from the US which is part of the 180 million it announced last week.

06-04-2022 12:50 GMT by Craig Erlam

Oil edges higher, gold range trades

Oil prices are steady Oil prices eased overnight in the face of a stronger US dollar, a slow news ticker from Eastern Europe, and continuing concerns over China’s growth as the Shanghai lockdown continued. Brent crude fell by 2.15% to USD 104.60 a barrel, with WTI falling 2.45% to USD 101.15 a barrel.

06-04-2022 04:26 GMT by Jeffrey Halley

Oil edges lower, gold consolidates

Oil pares gains but remains in consolidation Oil prices are slipping a little on Tuesday after rebounding at the start of the week. The threat of European sanctions on Russian oil remains an upside risk for crude prices despite the firm opposition in the short term from certain member states.

05-04-2022 13:17 GMT by Craig Erlam

Market Insights Podcast (Episode 316)

OANDA Senior Market Analyst Craig Erlam reviews the latest market news with Jonny Hart. And in a special episode of the Market Insights podcast, we speak to OANDA General Counsel Lisa Shemie who joins us from New York to talk about some of the legal aspects of the FX sector. Lisa talked about her career trajectory leading up to her joining OANDA late last year, and discussed some issues relating to the FX markets and emerging regulatory issues. She touched on the FX Global Code, some differenc

05-04-2022 13:04 GMT by Craig Erlam

Oil rises on sanctions talk, gold steady

Oil prices higher on European sanctions fears Oil prices started rallying in Asia yesterday after Europe indicated tighter sanctions on Russia. Fears mounting that Europe would finally target the Russian energy sector, further squeezing supplies.

05-04-2022 04:15 GMT by Jeffrey Halley

Oil stabilises, gold looks for direction

Oil steadies as IEA prepares details of reserve release Oil prices have pulled back considerably since peaking last month in the early days of the invasion. Declines over the last couple of weeks have been aided by lockdowns in China and a massive SPR release by the IEA, the details of which should become known early this week. The US has already made its contribution known which will go some way to easing the tightness in the market and supply shock from Russia, where sanctions are biting.

04-04-2022 09:26 GMT by Craig Erlam

Oil eases, gold falls as dollar rises

Oil slightly softer in Asia Oil prices eased slightly on Friday, robust US data and weekend risk supporting prices, while US SPR releases as well as yet to be determined ones from other IEA members capped gains. A UN-brokered two-month ceasefire between Saudi Arabia and Yemen’s Houthi rebels has had no noticeable impact on prices today. The China holiday is definitely muting trading volumes in Asia today, leaving Brent crude unchanged at USD 104.50, and WTI unchanged at USD 99.35.

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

Market Insights Podcast (Episode 315)

Jonny Hart speaks to APAC Senior Market Analyst Jeffrey Halley about news impacting the market and the week ahead. In this episode, mainland China is on holiday today, muting activity across Asia. However, audit news from China at the weekend has lifted Hong Kong tech stocks.

04-04-2022 03:39 GMT by Jeffrey Halley

Market Insights Podcast (Episode 314)

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 latest nonfarm payrolls report, recapped the first quarter performance in equities and discussed cryptocurrencies. They also discuss what the week ahead has in store for financial markets.

01-04-2022 13:53 GMT by Edward Moya

Commodities and Cryptos: Oil pares losses, Gold struggles, Bitcoin steady

Oil Crude prices pared losses after a strong labor market showed consumer pocketbooks are growing and remote work is declining. Earlier, WTI crude tumbled below the $100 level as energy traders digested the Biden administration’s third time of tapping the SPR, no surprises from an OPEC+ meeting on output and as Saudi Arabia oil shipments dipped in March. The knee-jerk selloff from the SPR announcement of the release of 1-million barrels a day from the SPR over the next six months won’t have a

01-04-2022 10:40 GMT by Edward Moya

Oil falls on SPR, gold dips after NFP

Oil falls below USD 100 on SPR release Oil prices are continuing to fall today, as we await an announcement from IEA regarding the coordinated SPR release following President Biden's decision this week. Unlike on the previous two occasions, markets have responded favourably to the latest release, which is by far the largest ever from US reserves.

01-04-2022 09:24 GMT by Craig Erlam

Oil edges lower, gold trades sideways

Oil is slightly softer in Asia Oil prices fell in Asia yesterday after the Biden SPR release story started circulating. That was confirmed overnight, with 1 million bpds for the next 180 days to be released.

01-04-2022 03:04 GMT by Jeffrey Halley

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