Commodities News

Oil Price Drops as OPEC+ Pushes Another Production Boost
Oil prices slipped in early Asian trade after OPEC+ confirmed a significant output hike for September, extending its aggressive push to claw back global market share. Brent crude dropped 0.62% to $69.24 per barrel, while West Texas Intermediate declined 0.58% to ...
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Energy Markets on Edge as Oil Prices Jump
Oil markets opened the week sharply higher after US strikes on three Iranian nuclear sites late Saturday, marking a significant escalation in Middle East tensions. US crude futures climbed 2.7% to hover near $75.80 per barrel, while Brent, the global benchmark, ...
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Oil Prices Surge as Middle East Conflict Sparks Market Jitters
Oil markets surged on Friday after hostilities involving Israel and Iran, sending Brent crude up over 10% at one point before closing the day 7% higher at $74.23 per barrel. While that’s still more than 10% below prices seen a year ...

What’s Behind the US-China Rare Earth Tensions?
Rare earth minerals have become the latest flashpoint in US-China trade tensions, with Beijing leveraging its near-total dominance over the sector to push back against American tariffs. China currently mines around 70% of the world’s rare earths and processes 90%, holding ...

Silver Closes the Gap with Gold as 2025 Rally Gains Momentum
Silver surged past $36 per troy ounce on Thursday, marking its highest price since 2012 after gaining more than 4% in futures trading. The move underscores silver’s strong performance in 2025, with prices now up over 20% year to date. While ...

EU Steel Sector Braces for Fallout as Tariff Talks Stall
Europe’s steel industry is on high alert as Washington doubles down on protectionism, raising tariffs on imported steel and aluminium to 50%. This dramatic hike has already reignited tensions with the EU and intensified fears of a global supply glut redirecting ...
Crude Oil Prices Plunge as OPEC+ Increases Production
Oil prices slumped to their lowest level in over three years as OPEC+ pushed ahead with big production increases just as global demand gets weaker from rising trade tensions. Brent futures slid by 4.6% to $58.50 per barrel in early Monday ...
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