Commodities
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BlackRock CEO Larry Fink previously stated that if the Iran war is resolved, oil prices could be halved to $40/barrel, and analysis suggests that NVIDIA could benefit from this.
BlackRock CEO Larry Fink previously stated that if the war in Iran is favorably resolved and Iranian oil returns to the global market, oil prices could fall sharply, even by half, to $40/barrel. The a
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Bloomberg Economics Defense Lead Becca Wasser warns US-Iran conflict risks becoming a protracted war
Wasser explains that shifting US objectives and neither side securing a decisive military victory make a lasting resolution difficult. She adds that repeated pauses could allow both sides to adapt and
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The U.S. Strategic Petroleum Reserve is approaching levels that could damage its storage caverns due to rapid releases, with inventory falling below 300 million barrels for the first time in 40 years.
According to data from the U.S. Department of Energy, after releasing 172 million barrels to counter supply disruptions caused by the Iran war, the Strategic Petroleum Reserve (SPR) will fall to appro
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Arizona Gold & Silver reports strong Perry Zone drilling results from Philadelphia Project, including 22m at 4.1 g/t gold
Arizona Gold & Silver Inc. earlier this week highlighted new diamond drilling results from the Perry Zone at its Philadelphia Gold-Silver Project in northwest Arizona. Key findings include hole 169 re
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Mexico is building a land-based trade corridor designed to offer shipping companies an alternative when traditional waterways are blocked.
Mexico is building a land-based trade corridor designed to offer shipping companies an alternative when traditional waterways are blocked.
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Oracle's share price fell by as much as 4.6% due to a nearly six-month delay in a key natural gas pipeline project for its "Stargate" AI data center.
Oracle's $165 billion "Project Jupiter" AI data center, a critical component of its Stargate contract with OpenAI, has encountered new obstacles. Transwestern Pipeline, a subsidiary of pipeline operat
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Iran's Deputy Foreign Minister Araqchi says mediators Qatar and Pakistan are exchanging messages with Iran, but this does not mean talks, according to ISNA.
Iran's Deputy Foreign Minister Araqchi says mediators Qatar and Pakistan are exchanging messages with Iran, but this does not mean talks, according to ISNA.
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Council on Foreign Relations Expert: Oil Producers, Buyers Seeking Long-Term Alternatives to Strait of Hormuz
Clara Gillispie, senior fellow for climate and energy at the Council on Foreign Relations, said oil producers and buyers are considering the Strait of Hormuz potentially being closed or operating at r
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Trump says he will soon declare the Strait of Hormuz a territory of the United States.
Trump says he will soon declare the Strait of Hormuz a territory of the United States.
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Brent crude approaches $100 amid Hormuz attacks and stalled US-Iran talks, despite a large US crude inventory build
Brent crude is set for a 5% weekly gain, with prices nearing $100 per barrel, as Iran escalates strikes on ships in the Strait of Hormuz and US-Iran settlement hopes fade. Although a 17-million-barrel
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US DOJ and CFTC are investigating iron ore trader Radiant World's deals over allegations of falsified documents
US DOJ and CFTC are investigating iron ore trader Radiant World's deals over allegations of falsified documents
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Japan considers state reinsurance for tankers to ensure crude supplies amid Iran war
Japan is weighing providing last-resort reinsurance coverage for oil tankers traveling in dangerous areas such as the Middle East, including the Strait of Hormuz, aiming to mitigate risks from the ong
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Rare Earth Stocks MP Materials, USA Rare Earth, and NioCorp Rise on Friday on Trader Speculation of US Tariff Support
MP Materials surged 8% and USA Rare Earth jumped 9% on Friday, while NioCorp Developments was up around 2%. The rally appears to be driven by trader speculation about potential US tariff and industria
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Americas Gold and Silver Q2 revenue grows 71% to $46.3 million, net loss narrows to $5 million
Americas Gold and Silver (NYSEAMERICAN:USAS) announced its Q2 2026 results, with revenue increasing by 71% year-over-year to approximately $46.3 million. Net loss narrowed to $5 million (compared to a
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U.S. Treasury Secretary Besant stated that the United States will announce "unprecedented" economic sanctions against Iran next week.
U.S. Treasury Secretary Scott Bessent said Thursday that the measures, aimed at strengthening the Donald Trump administration's efforts to force Tehran to surrender after nearly six months of war, wou
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Donald Trump's son-in-law Kushner to visit Israel, Egypt next week after Netanyahu rejected Gaza peace plan
Jared Kushner, former US President Donald Trump's son-in-law and aide, plans to visit Israel and Egypt next week to support a US-backed peace plan aimed at permanently ending Israel's war in Gaza. The
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U.S. refiners Marathon Petroleum (MPC), Phillips 66 (PSX) and Valero Energy (VLO) earned combined record profits of $12.6 billion in Q2, boosted by the Iran war.
U.S. refiners Marathon Petroleum (MPC), Phillips 66 (PSX) and Valero Energy (VLO) earned combined record profits of $12.6 billion in Q2, boosted by the Iran war.
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Turkey's Ministry of National Defense disclosed details of the joint defense agreement between Turkey, Pakistan, and Saudi Arabia, stipulating that an armed attack on any member state will be considered an attack on all member states.
The protocol was signed about a week ago, and Turkey's Ministry of National Defense announced more details this Thursday, including plans for joint military exercises and deepening defense industry co
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Silver prices rose to $65.14 per ounce on Friday, after weaker inflation data this week reduced expectations of a September interest rate hike by the Federal Reserve.
Silver futures opened lower on Friday but rebounded above $65 in early trading, reaching a high of $65.14 per ounce. The market generally believes that the weak inflation data released this week has r
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Metals trader Radiant World agreed to sell an aluminum stockpile to STG Group to bring in liquidity to the firm
Radiant World has been under pressure after reports emerged that it provided falsified documents to banks, leading some banks and counterparties to pull back from dealing with it.
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Saudi Arabia announces the launch of a Red Sea defence alliance with 13 countries to safeguard navigation through the Bab al-Mandeb Strait, Red Sea and Gulf of Aden
The coalition, which includes Bahrain, Bangladesh, Comoros, Djibouti, Egypt, Jordan, Kuwait, Pakistan, Qatar, Saudi Arabia, Somalia, Sudan, Turkiye, and Yemen, aims to strengthen collective maritime d
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The US threatens to impose an "indefinite" naval blockade and unprecedented economic sanctions on Iran, while Iran insists the Strait of Hormuz remains blocked.
U.S. Secretary of Defense Pete Hegseth stated on Thursday that the U.S. Navy can maintain a blockade of Iranian ports "indefinitely" by rotating ships to sustain a military presence in the region. U.S
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Indonesian President Prabowo Plans Commodity Exchange to Control Prices
Indonesian President Prabowo Plans Commodity Exchange to Control Prices
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Ziemba: Oil Market Overlooks Buffers Amid Long Conflict
Ziemba: Oil Market Overlooks Buffers Amid Long Conflict
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U.S. retail diesel prices have surpassed $6.50 per gallon for the first time, as the war exacerbates global fuel supply tightness.
U.S. retail diesel prices have surpassed $6.50 per gallon for the first time, extending a war-driven rally that is having ripple effects across the economy.
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Ukrainian attacks on Moscow oil refineries escalate the Russia-Ukraine conflict, driving global diesel futures and U.S. retail diesel prices to all-time highs.
Ukraine's Armed Forces General Staff reported that in the early hours of September 20, Ukrainian forces struck Russia's Moscow oil refinery, severely damaging the AVT-6 primary refining unit and other
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Black Sea shipping turmoil impacts wheat market, exacerbating inflation risks
The conflict between Russia and Ukraine has disrupted crucial grain shipments in the Black Sea region, forcing buyers to scramble for alternative supplies and further amplifying global inflation risks
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Trump's 50% tariff on Canadian dairy products has led to stalled sales in the U.S., leaving Canadian dairy farmers with a milk surplus.
Canadian dairy exports to the United States have largely ceased since US President Donald Trump imposed a 50% tariff on C$20 billion worth of Canadian goods, including dairy products, on August 22. Ca
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The U.S. State Department urges citizens to reconsider travel to the Middle East, and the Iranian Parliament Speaker reiterates that the Strait of Hormuz will remain closed.
The U.S. State Department issued a warning Saturday night, urging American citizens to reconsider travel to the Middle East, citing the potential for rapid escalation of the conflict with Iran. This f
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US Retailers Restrict Motor Oil Supply, Prices Soar Fourfold
A U.S. retailer has begun limiting sales of automotive engine oil due to supply shortages, leading to a fourfold price increase.
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Houthis attack Saudi capital and Aramco facilities, US warns of "rapid escalation" of conflict, Saudi Arabia urgently seeks aid from multiple countries.
On September 19, Yemen's Houthi rebels launched a new round of missile and drone attacks targeting "sensitive sites" in the Saudi capital Riyadh and Saudi Aramco facilities in Yanbu. U.S. embassies in
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NVIDIA VP: AI Era Reshapes Hardware Cost Reduction Logic, Chip Evaluation Shifts to "Total Tokens Throughput Per Megawatt"
NVIDIA Vice President Ian Buck stated that in the era of AI factories, the most effective way to reduce token costs is to deliver significantly improved computing performance (10 to 30 times) with eac
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NVIDIA VP: Agentic AI to Boost Computing Power Demand 100-fold, Altering Traditional Scheduling Models
NVIDIA VP Ian Buck stated that the shift from Chat mode to Agentic AI removes the human-in-the-loop buffer, allowing hashrate to operate at seamless, high-frequency full load. In AgentX benchmarks, th
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Hong Kong to expand renminbi-denominated bond, gold and commodity markets, says Financial Secretary Paul Chan
Financial Secretary Paul Chan stated on Sunday that Hong Kong would expand its renminbi-denominated bond market and develop renminbi-denominated gold and commodity markets. This initiative aims to str
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The Strait of Hormuz cargo trade has vanished, forcing businesses to find alternative routes
The Strait of Hormuz, once a transit hub for goods ranging from helium to corn, has seen its cargo trade disappear, prompting businesses to seek alternative shipping routes.
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Global oil shipping costs have surged to historic highs, with supertankers earning over $1.2 million per day. A South Korean shipping magnate is making a massive bet, investing $7 billion, and is set to profit handsomely.
The global supertanker market is experiencing unprecedented supply-demand tightness, with soaring freight rates rendering some long-haul crude oil trades economically unviable and profoundly altering
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Venezuela and TotalEnergies Sign MOU, Paving Way for French Oil Giant's Return
Venezuela and TotalEnergies SE signed a memorandum of understanding on Saturday, setting up the French company for a return to operations in the South American country.
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JPMorgan Chase analysts warn: The biggest impact of El Niño on global agriculture is expected to materialize in Q1 2027.
Tracey Allen, JPMorgan Chase's head of agricultural commodities, stated in a research report published on September 18 that the intensifying El Niño phenomenon, coupled with global diesel and fertiliz
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U.S. retail diesel prices surged to a record high of $6.45 per gallon, as Congress considers legislation to ban exports.
Global diesel supplies remain tight due to the Russia-Ukraine conflict and the situation in the Middle East. U.S. Representative Tim Burchett introduced a bill this week to ban diesel exports, and Sen
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The Saudi-led coalition announced it intercepted a ballistic missile fired by Houthi rebels towards Riyadh, while the Houthis claimed responsibility for attacking sensitive sites in Riyadh and Aramco facilities in Yanbu.
The Saudi-led coalition announced that Iranian-backed Houthi rebels launched a ballistic missile towards the Saudi capital, Riyadh, at dawn on Saturday, but it was successfully intercepted and destroy
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US Commander Says Strait of Hormuz Oil Shipments Hit Six-Month High, Citing Effective US Navy Escorts and Mine Clearance
Oil and liquefied natural gas shipments through the Strait of Hormuz reached a six-month high in the past two weeks, a U.S. regional commander said, indicating that U.S. Navy protection and mine clear
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Russia attacked two merchant ships in the Black Sea, and Poland raised its air defense alert level.
Ukraine's Air Force stated that Russia used dozens of drones and two anti-ship missiles to attack Ukraine overnight. Russia's Ministry of Defense, meanwhile, claimed that its forces used "Geran-4 Seek
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Brent crude oil surged to $132 this week after the Saudi East-West Pipeline was attacked and shut down, forcing Saudi Arabia to rely on high-cost "relay oil transportation" via the Strait of Hormuz.
A drone launched from Iraq by Iranian-backed militants recently struck Saudi Arabia's East-West oil pipeline, forcing its shutdown, the Wall Street Journal reported. The pipeline, previously a critica
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MarketWatch Analysis: Oil Prices and Energy Stocks Would Be Hit by a Sudden End to Iran War, But Company Insiders Are Still Buying
MarketWatch analysis suggests that despite a sudden end to the Iran war potentially leading to a drop in oil prices and energy stocks, company insiders are still buying these related stocks, indicatin
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World faces supertanker shortage, threatening long-haul oil flows as costs soar
The rising cost of global oil transportation is rendering some long-distance crude trades uneconomical, potentially disrupting flows at a time when fuel markets are exceptionally tight.
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Europe's winter power market is flashing its strongest warning since the energy crisis, with German wholesale electricity prices for January soaring over 60% year-on-year.
Bloomberg Markets reports that as Europe enters winter, the electricity market is flashing its strongest warning since the energy crisis. German wholesale electricity prices for January have traded ab
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Barclays: Humanoid robot computing power demand is mainly concentrated in edge AI, with limited but significant incremental growth for data centers.
Barclays Research states that the inference stage for humanoid robots needs to be completed on edge processors within the robots themselves. Data center computing power is primarily used for simulatio
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Riyadh, Saudi Arabia, issues its first air raid alert since Houthi attacks escalated in July.
Saudi civil defense authorities issued air raid alerts in the capital Riyadh and several other regions on Friday evening and Saturday morning local time, following reports of explosions in the capital
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Commodities
24H Trending
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1
Musk reposted a tweet stating that OpenAI's AI agents are conducting "self-adventurous experiments" in a "safety sandbox," even pressuring each other for "permanent death" in exchange for collective benefit.
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Houthis attack Saudi capital and Aramco facilities, US warns of "rapid escalation" of conflict, Saudi Arabia urgently seeks aid from multiple countries.
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OpenAI is in preliminary discussions with investors for a new private funding round, potentially valuing the company at over $1.2 trillion.
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NVIDIA VP: Vera Rubin Platform Achieves 30x Throughput Increase on Agentic AI Workloads
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Hong Kong to expand renminbi-denominated bond, gold and commodity markets, says Financial Secretary Paul Chan
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NVIDIA VP: Agentic AI to Boost Computing Power Demand 100-fold, Altering Traditional Scheduling Models
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Global oil shipping costs have surged to historic highs, with supertankers earning over $1.2 million per day. A South Korean shipping magnate is making a massive bet, investing $7 billion, and is set to profit handsomely.
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Musk reposted a SpaceX tweet, confirming the deployment of 27 Starlink satellites.
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Goldman Sachs: Market "pricing in 4 rate hikes" is overly pessimistic, expects only two rate hikes in this cycle.
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Ed Sheeran calls Gaza situation 'catastrophic,' 'unjustifiable,' and 'disproportionate' as US tour resumes
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