Commodities News
U.S. oil prices fall as Middle East conflict drives supply risk reassessment
Oil markets remain focused on the potential for wider supply disruptions as fighting intensifies across the Middle East. U.S. benchmark crude futures fall about $1 on Thursday after a 3% gain the ...
LME explores metal tokenisation in Hong Kong financing push
Hong Kong's drive to build a larger commodities hub is shaping a new initiative at the London Metal Exchange to digitise metal stored in the city for financing use. The plan could open a new ...
Afdb report on Ghana sector instability drives Cocoa down
Cocoa (CC) is trading at $5,450, posting a daily decline of 2.28%. The asset is positioned below its key short- and medium-term moving averages but holds above ...
Copper trades flat as price holds above short- and long-term averages
Copper (HG) is trading at $6.6475 after a marginal move lower in the latest session. The price has held above its key moving averages, reflecting a sustained upward ...
U.S. oil inventories shift as crude and distillate stocks fall
Higher fuel demand and lower net crude imports are tightening parts of the U.S. oil market in the latest weekly inventory data. Gasoline stockpiles are rising at the same time, pointing to weaker ...
Brent crude price forecast: $120.04 resistance as XBR trades flat
Brent crude (XBR) is trading at $115.76 after a modest gain for the session and remains positioned above its key moving averages. The price action reflects ...
XAG trades flat as stronger US Dollar limits upside
Silver (XAG) is trading at $53.82, posting a modest decline in today's session. The price remains below its key short- and medium-term moving averages, indicating ...
Oil prices jump amid new threats to Saudi energy infrastructure
Oil prices climbed more than 1% Wednesday after Yemen's Houthi movement claimed responsibility for a missile strike on a major Saudi Arabian refinery, renewing fears of disruptions to Middle ...
Gold price forecast: $3,993 support in focus as XAU trades flat
Gold (XAU) is trading at $4,048, marking a modest decline for the day. The asset currently sits above its key short- and medium-term moving averages, though ...
World Bank sees commodity prices surge in 2026 amid Middle East war shocks
Escalating geopolitical disruptions are pushing up costs across global raw materials markets as energy, shipping and grain supply strains intensify. The World Bank says commodity prices are set to ...
Corn Futures position ahead of Fed policy update: ZC remains range-bound
Corn Futures (ZC) are trading at USX451.62 today, recording a modest increase for the session. The price sits above its key short-term moving average, but remains ...
Will Sugar price hold steady as mixed momentum clouds near-term direction?
Sugar (SB) is trading at USX19.34 after a modest gain today. The price currently sits above its shorter-term averages but remains below certain medium-term levels, ...
Kansas City Wheat price holds steady amid resistance test and mixed intraday momentum
Kansas City Wheat (KE) is trading at USX652.75 with a marginal gain on the day. The price is above its key short-term averages but remains below medium- and long-term ...
Coffee price prediction: Sellers remain in control with downside pressure persisting
Coffee (KC) is trading at USX285.5, down 2.81% for the session. The asset remains below its key moving averages, which underscores continued downward ...
Soybean Futures price outlook: Sideways consolidation expected as resistance caps upside potential
Soybean Futures (ZS) is trading at USX1,246 with a modest gain for the session. The contract remains in a narrow range, sitting between key short- and medium-term ...
Cocoa price outlook: Near-term risks skewed to the downside as seller pressure persists
Cocoa (CC) is trading at $5,519 with a daily decline of 1.04%. The price sits just below its key short- and medium-term moving averages, while remaining well above ...
HG technical analysis: Consolidation near $6.6 support highlights weak momentum
Copper (HG) is trading at $6.652, nearly unchanged for the day, and currently holds above its key moving averages across all major timeframes. The price action is ...
Brent crude price outlook: Sideways movement likely as buyer support holds above $113.58 support
Brent crude (XBR) is trading at $115.13 after a marginal move higher in the last session. The price remains above its key moving averages, with momentum confirmed ...
Silver trades down after persistent US rate hike expectations pressure demand
Silver (XAG) is trading at $53.79 after a daily drop of 1.25%. The asset remains below its key moving averages, reflecting sustained downside ...
XAU trades flat as seller pressure limits upside near $4,031 support
Gold (XAU) is trading at $4,047 with a modest decline today. The price is positioned below its key short-term average but remains above medium-term ...
Hyundai Motor India quarterly profit falls as raw material costs rise
Higher input costs pressure Hyundai Motor India in the quarter ended Sept. 30, even as the carmaker posts stronger revenue from operations. The earnings decline comes as automakers in India ...
