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 pares losses post OPEC+, gold rallies on Putin gas threat

Crude prices pared losses after OPEC+ decided “to stay the course” and maintained the gradual output increase strategy. Oil was down earlier after reports that the Biden administration was considering a record reserve release of up to 180 million barrels from the country’s strategic petroleum reserve (SPR).

31-03-2022 12:38 GMT by Edward Moya

Oil slumps on SPR report, gold consolidates

Oil slides as IEA steps in amid OPEC+ inaction Oil prices are falling heavily on the back of reports the US is poised to announce a substantial draw on the SPR. The withdrawal dwarfs previous moves by the administration, equating to one million barrels per day and 180 million overall, around a third of total reserves.

31-03-2022 09:07 GMT by Craig Erlam

Oil slides on SPR, gold drifting

Oil tumbles on Biden SPR hopes Oil prices moved sideways overnight, Brent crude rising just 1.25% to USD 112.60, and WTI rising 2.25% to USD 107.45 a barrel. Both contracts modestly unwound the Ukraine knee jerk trade yesterday. In Asia, oil prices have slumped as stories started circulating that US President Biden will announce a multi-month SPR release today that could total 180 million barrels, with suggestions that other IEA members could join in a reserve release after their meeting on Fr

31-03-2022 04:29 GMT by Jeffrey Halley

US Close: Stocks edge lower, ADP in-line, Oil pares gains as gas demand continues to fall, Gold rallies as de-escalation optimism fades, Bitcoin hovers

US stocks declined as investors watched March inflation skyrocket in Europe, while waiting for any progress towards a Russia-Ukraine ceasefire deal. Stocks are going to have trouble rallying as geopolitics and inflation risks won't be going away anytime soon.

30-03-2022 15:52 GMT by Edward Moya

Market Insights Podcast (Episode 313)

OANDA Senior Market Analyst Craig Erlam reviews the latest market news with Jonny Hart. They discuss the latest on the markets in light of progress in Ukraine/Russia talks and the upcoming OPEC+ meeting.

30-03-2022 11:54 GMT by Craig Erlam

Oil rebounds, gold stabilizes

Oil recovers ahead of OPEC+ meeting Oil prices are heading higher once more on Wednesday as the prospect of a ceasefire being close quickly faded and the economic war between Russia and its "unfriendly" trading partners ramped up. The Kremlin's decision to demand gas payments in roubles and threaten similar actions on other commodities that its trading partners rely upon risks stoking shortages and recessions. There's seemingly no end in sight for the increasingly tight oil market and should R

30-03-2022 08:39 GMT by Craig Erlam

Oil and gold pare losses

Lots of noise, little substance for oil Oil prices did the Neville Chamberlain's “peace in our time” gag reflex overnight after Russia’s “reduced operations” comments. Oil prices traded in a 10-dollar range and initially tumbled after the announcement, Brent crude touching USD 105.00, and WTI USD 98.50 a barrel.

30-03-2022 04:19 GMT by Jeffrey Halley

Oil tumbles, gold pares losses

Oil Crude prices pared losses after a pivotal round of Russia-Ukraine peace talks did not lead to a ceasefire. Initially, oil had a precipitous fall after Moscow said they would reduce military presence near Kyiv.

29-03-2022 16:19 GMT by Edward Moya

Oil edges higher, gold eases

Oil higher as political OPEC+ prepares to continue gradual output increases Oil prices are a little higher today, slightly paring heavy losses on Monday sustained on the back of intensifying lockdowns in China as the government has enacted harsh measures to contain the Covid outbreak. The country remains committed to its zero-Covid policy which will ultimately weigh on crude demand in the near term.

29-03-2022 08:46 GMT by Craig Erlam

Oil sinks on China concerns, gold tumbles

China worries push oil lower An already nervous oil market saw prices slump overnight as a lack of two-way liquidity in futures markets exacerbated China’s consumption outlook as the lockdown of Shanghai was tightened. Brent crude fell by 8.20% to USD 109.50, while WTI fell by 8.15% to USD 103.45 a barrel.

29-03-2022 04:45 GMT by Jeffrey Halley

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

1 … 79 80 81 … 90