Energies
Commodities include agricultural products such as wheat and cattle, energy products such as oil and natural gas, and metals such as gold, silver, and aluminum.
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Conflict in The Middle East Ramps up Energy Prices
It’s another risk off day as geopolitical headwinds continue to batter financial markets. Although markets calmed during the US session…
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Chart of The Day – Oil Surges 5%
Brent crude oil futures (OIL) are rising nearly 5% today to above $81 per barrel, approaching their highest level since…
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Euro Under Pressure Amid Surging European Gas Prices
European natural gas prices have spiked by more than 60 per cent since the start of the month, driven by…
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WTI surges to near $73 as Strait of Hormuz closure prompts supply shocks
The Oil price jumps to near $$73.00 as the closure of the Strait of Hormuz prompts global supply risks. Iran…
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EU Natural Gas Extends Surge
European natural gas futures jumped 20% to €52/MWh, following a dramatic 35% increase in the previous session as rising tensions…
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Coal Climbs on Qatar LNG Disruptions
Coal prices surged more than 8% to around $128 per ton, hitting their highest level since December 2024, after a…
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Gasoline Hits Near 20-Month High
Gasoline prices climbed 1.3% to around $2.41 per gallon, hitting their highest level since July 2024, as evolving tensions in…
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Heating Oil Extends Rally
US heating oil futures climbed more than 4%, building on an over 11% surge in the previous session to reach…
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US Natural Gas Prices Climb
US natural gas futures climbed more than 2% to around $3.02 per MMBtu on Tuesday, building on Monday’s 3.5% gain…
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Chart of The Day – Oil
Saudi Aramco has suspended operations at the Ras Tanura refinery following a drone attack that caused a fire at the…
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