Gold, oil, natural gas and metals coverage focused on supply, demand, prices and the macro forces driving them.
Gold Bulls Return to Exotic Options After Treasury Move Gold investors, encouraged by the Treasury Department’s recent measures to keep US borrowing costs in check, are again turning…
Ukrainian Drone Strike Disrupts Russian Refining Capacity A Ukrainian drone strike ignited a major fire at a key Russian oil refinery, disrupting processing operations. The attack targeted a…
Anglo Teck Merger Faces Glencore Hardball Over $1.4B Synergy Anglo American and Teck Resources are still locked in negotiations with Glencore, the part-owner of their Chilean copper mines,…
South Korea’s mandatory mock trading course for leveraged ETF investors has triggered a sharp exodus from chip-focused leveraged products. Assets in the two largest semiconductor leveraged ETFs—KODEX Leverage…
Beijing and Manila Reconsider Joint Energy Projects A joint report by Chinese and Philippine analysts, released Monday by the Shanghai Institutes for International Studies, urged both governments to…
Azerbaijan’s Post-COP29 Pivot to Renewables Baku, the capital of oil-rich Azerbaijan, is doubling down on clean energy. The country, which hosted the COP29 climate summit in November 2024,…
U.S. Weighs Prize Law for Seized Iranian Oil The U.S. Justice Department and Pentagon are preparing to invoke prize law — a maritime legal doctrine dating to the…
Gold, Silver, Copper Rally Fuels Drilling In Mexico Gold is testing record highs near $4,700, silver climbed about 20% in August, and copper is pressing toward fresh Comex…
Trump Announces Venezuela Oil Reserve Deal On Saturday, August 29, 2026, former President Donald Trump announced via social media that the United States has struck a deal with…
Warsh’s Hawkish Stance Reshapes Fed Expectations On Friday, August 28, 2026, markets reacted sharply to Federal Reserve Chair Kevin Warsh’s unexpectedly hawkish remarks at the Jackson Hole symposium.…
The U.S. Court of Appeals for the Ninth Circuit rejected Kalshi’s bid to block Nevada gaming regulators from enforcing state laws against its sports event contracts. The three-judge…
Gold and Silver Fall on Warsh’s Jackson Hole Speech On Friday, August 28, 2026, gold and silver prices dropped sharply after Federal Reserve Chair nominee Kevin Warsh, speaking…
Ukraine claimed a drone strike on the Slavneft-YANOS refinery in Yaroslavl, one of Russia’s largest fuel producers, on August 27, 2026. The attack is part of a renewed…
Gold Miners Record-Breaking August Outshines Chip Stocks Gold mining equities are closing out August 2026 with their strongest monthly performance on record. The MSCI global gold miners index…
Hormuz Tanker Counts Drop Below Ten-Day Average Tanker traffic through the Strait of Hormuz slowed to just seven commodity vessels on Thursday, August 27, 2026, according to preliminary…
Zinc’s 2026 Rally Hits A Four-Year High Zinc prices surged to a four-year high on Friday, 28 August 2026, as supply constraints tightened the market. The metal, essential…
Blockade Replaces Airstrikes in Pressuring Tehran The U.S. Navy has shifted from military strikes to economic warfare against Iran, imposing a blockade that has sharply reduced Tehran’s oil…
Brent crude traded near $89.17 per barrel and WTI near $83.19, both on pace for weekly declines of 5.3% and 4.3%, respectively, despite ongoing U.S.-Iran tensions. Vessel-tracking data…
The US Treasury Department sanctioned 24 entities based in mainland China and Hong Kong under “Operation Economic Outcast,” targeting firms allegedly involved in trade with Iran. The sanctions…
UK Energy Price Cap Rises to Three-Year High British households face a 4% increase in energy bills from October, pushing the average annual dual-fuel bill to £1,723 —…
Canadian oil sands maintenance is expected to cut crude production by roughly 300,000 barrels per day in September, according to Rystad Energy, as cited by Bloomberg. U.S. refiners…
Iran and Oman Propose Joint Strait of Hormuz Shipping On Tuesday, August 25, 2026, Iranian and Omani officials discussed a proposal to establish a jointly managed shipping route…
Crude Falls 3% on Mideast Supply Risk Relief West Texas Intermediate and Brent crude futures for October delivery both fell roughly 3% on Tuesday, 25 August 2026, as…
Gold Surges Past $4,700 as Inflation Fears Return Spot gold touched nearly $4,700 an ounce on Tuesday, August 25, 2026, marking its highest level in three months. The…
The much-anticipated US economic pressure campaign against Iran, touted by Treasury Secretary Scott Bessent as a financial “D-Day,” has landed with less force than its billing suggested. Market…
Gold Pulls Back Ahead of Key Inflation Print Gold prices edged lower on Tuesday, August 25, 2026, retreating from a three-month high as investors turned cautious ahead of…
US Unveils ‘Greatest Financial Offensive’ Against Iran The United States is preparing to announce what officials describe as its “greatest financial offensive” against Iran, a move that comes…
=F — Oil prices declined on Monday as markets positioned for the imminent rollout of new U.S. sanctions targeting Iranian crude exports, which Washington has described as its…
WTI crude fell 2.16% to $85.18/barrel and Brent fell 2.19% to $92.32/barrel in early Asian trade Monday, as traders took profits after last week’s 5%+ gains. Markets are…
Iran’s President Backs US Memorandum As War Exit Iranian President Masoud Pezeshkian said on August 22, 2026, that a US memorandum offers the best route out of the…
