Commodities
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WTI crude oil rose 2.57% today, now trading at $85.540.
WTI crude oil rose 2.57% today, now trading at $85.540.
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Brent crude oil rose 2.52% today, now trading at $90.320.
Brent crude oil rose 2.52% today, now trading at $90.320.
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Wall Street's major institutions have reached a consensus: commodity valuations relative to US equities have fallen to their lowest in over 50 years, and the scarcity of physical resources is triggering a "hard asset squeeze."
Barclays, UBS, HSBC, JPMorgan Chase, and Goldman Sachs are among several top institutions warning that physical shortages of commodities are driving sharp price increases. Christopher LaFemina, Head o
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South Korean and U.S. energy officials discussed strengthening energy cooperation in Seoul on Monday to ensure stable supply chains and power supply.
South Korean and U.S. energy officials discussed strengthening energy cooperation in Seoul on Monday to ensure stable supply chains and power supply.
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Oil surges above $90 after US military strikes Iranian rocket launchers in Strait of Hormuz
Brent crude for November delivery rose above $90 a barrel, while West Texas Intermediate was near $86. A US Central Command spokesperson stated that the US military struck Iranian rocket launchers on
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Japan’s NYK CEO Says Company Exploring Alternative Routes Amid Middle East Conflict
Japan’s NYK CEO Says Company Exploring Alternative Routes Amid Middle East Conflict
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Energy Transfer (ET) has become a major natural gas supplier to AI data centers, securing deals with Oracle, Nexus, Crusoe, and Entergy to meet surging power demand.
The pipeline giant is supplying approximately 900,000 Mcf/d of natural gas to three Oracle U.S. data centers, 150,000 Mcf/d to Nexus for an AI hyperscale campus, and gas for a 900-megawatt AI factory
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Iran's Fars reports explosion heard near Larak Island; cause unknown
Iran's Fars reports explosion heard near Larak Island; cause unknown
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Dollar Tree CFO Says Rising Fuel Prices Are a "Very, Very Meaningful" Headwind
Dollar Tree CFO Stuart Glendinning stated on the company's second-quarter earnings call that rising fuel prices are leading to significant increases in freight surcharges, a pressure expected to persi
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Trump administration's deal grants US-led venture access to 65 billion barrels of Venezuelan oil, raising questions about its political durability
The agreement could reshape the economic relationship between the two countries and potentially encourage US investment, helping to restore Venezuela’s energy sector. However, its long-term political
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Russia's Ministry of Defense announced plans for "massive strikes" on Ukraine's energy infrastructure.
Russia's Ministry of Defense stated that its forces are preparing to launch "massive strikes" against Ukraine's energy infrastructure. This follows Ukrainian drone attacks on Russia's e-commerce platf
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Dollar Tree reports Iran war-induced helium shortage cost it $15 million in Q2 sales, warns of higher costs for other industries
Dollar Tree (DLTR) announced on Thursday that an ongoing helium shortage, spurred by the Iran war, impacted its party-supplies business, making it more difficult and expensive to acquire the gas neede
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Barclays analysts warn: The strongest El Niño on record is approaching, with palm oil, rubber, coffee, and other commodities potentially rising 30%-40% within 18 months.
Craig Rye, a sustainable investment research analyst at Barclays, stated in his latest report that the tropical Pacific El Niño index could peak near 3.2 degrees Celsius by late 2026 to early 2027, ap
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Europe’s oil majors are creating a new generation of jointly owned independent oil and gas producers, making them a key part of their strategies.
Europe’s oil majors are creating a new generation of jointly owned independent oil and gas producers, making them a key part of their strategies.
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Households and businesses in the Dutch city of Utrecht face strict limits on power use to avoid outages amid Europe's electricity grid crunch.
Households and businesses in the Dutch city of Utrecht face strict limits on power use to avoid outages amid Europe's electricity grid crunch.
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Goldman Sachs significantly raised its 2027 diesel margin forecasts, increasing its US diesel-to-Brent crude margin expectation from $27/barrel to $63/barrel, and for Europe from $19/barrel to $49/barrel, citing a widening global refining deficit.
Goldman Sachs significantly raised its 2027 diesel margin forecasts, increasing its US diesel-to-Brent crude margin expectation from $27/barrel to $63/barrel, and for Europe from $19/barrel to $49/bar
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Motley Fool analysis suggests Chevron's dividend is safer than Occidental's, citing 38 years of increases and lower debt
The analysis highlights Chevron's 3.5% yield and 38 consecutive years of dividend increases, compared to Occidental's 1.9% yield and a dividend cut in 2020 due to high debt from the Anadarko acquisiti
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Solar Power Crosses Critical Economic Tipping Point: Upfront Investment Now Lower Than Fossil Fuels, With Total Installed Costs Down 87% Since 2010
A new Ember analysis reveals that solar power plants now require less upfront investment than coal or gas plants for the same amount of electricity delivered, marking a fundamental shift from a decade
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Elon Musk states SpaceX and Tesla are each building 100GW/year solar production capacity, and SpaceX's in-house casting will accelerate natural gas turbine deployment by up to 18 months
Elon Musk states SpaceX and Tesla are each building 100GW/year solar production capacity, and SpaceX's in-house casting will accelerate natural gas turbine deployment by up to 18 months
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Iranian Parliament Speaker Ghalibaf accuses U.S. Treasury Secretary Bessent of lying about guiding 130 million barrels of oil through Hormuz Strait.
Mohammad Bagher Ghalibaf claimed U.S. Treasury Secretary Scott Bessent lied about Washington guiding 130 million barrels of oil through the Hormuz Strait over the past 14 days. Ghalibaf also cited the
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Chevron and Microsoft sign a 20-year power purchase agreement to provide 2.67 gigawatts of natural gas-fired power for Microsoft's AI data centers in Texas.
The agreement is part of "Project Kilby," where Chevron, through its subsidiary Energy Forge One, will collaborate with Engine No. 1 and Microsoft to develop approximately 2.67 gigawatts of on-site po
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Clearway Energy Group signed nearly 1.2 GW of renewable power deals worth over $2.4 billion with Google to support its data centers
The clean-power producer's parent company, Clearway Energy Group, signed three long-term power purchase agreements (PPAs) with Google in January to provide renewable energy for its data centers. The p
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Analysts believe that China's export restrictions on US rare earth companies USA Rare Earth and MP Materials in June could become a long-term positive catalyst for US rare earth stocks.
Despite China's June announcement of export restrictions on rare earth-related goods and technologies for USA Rare Earth (Nasdaq: USAR) and MP Materials (NYSE: MP), analyses suggest this move could ac
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Russia Extends Diesel Export Ban Amid Intensified Ukrainian Attacks on Refineries
Russia further extended a ban on diesel exports for producers to keep the domestic market supplied, following intensified Ukrainian attacks on the nation’s refineries.
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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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Houthis accuse Saudi Arabia of 26 attacks in 24 hours, EU raises alert level for Red Sea naval mission.
The conflict in Yemen continues to escalate, with Houthi rebels stating that Saudi Arabia launched 26 attacks on their controlled areas in the past 24 hours, totaling 300 over the past week. Meanwhile
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Venezuela's government is sidelining a senior American oil executive from Chevron.
The veteran oil executive, previously responsible for Chevron's strategy in Venezuela amidst years of political turmoil, is currently being sidelined by the Venezuelan government.
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Japan's Sojitz plans chip material transport hub for Tata fab in India
Japanese trading house Sojitz plans to establish a specialized logistics center in India for semiconductor materials. The hub will be located near a chip fabrication plant currently under construction
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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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The Senate failed to pass a cryptocurrency ethics rule because it did not cover the interests of officials' adult children.
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Hong Kong to expand renminbi-denominated bond, gold and commodity markets, says Financial Secretary Paul Chan
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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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Musk reposted a SpaceX tweet, confirming the deployment of 27 Starlink satellites.
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Big Tech uses guarantees to keep $300bn of AI exposure off balance sheets, with Wall Street facilitating cheaper funding
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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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Google executive says Asia's AI adoption is outpacing perception, with demand rising for cost-effectiveness
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Ed Sheeran calls Gaza situation 'catastrophic,' 'unjustifiable,' and 'disproportionate' as US tour resumes
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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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