Commodities

Gold Rebound Faces Headwinds From Rising Yields and Stalled Iran Talks
Spot gold prices encounter fresh resistance as climbing Treasury yields and stalled geopolitical negotiations create a challenging environment for the precious metal.

NexGen Energy Discusses Saskatchewan Uranium Project with BHP
NexGen Energy has entered into discussions with mining giant BHP regarding a potential development of its Saskatchewan uranium project.

Gold Rebounds From $4,365 Cycle Low as Weekly Target Eyes $4,581
Gold prices pivot from a cycle low of $4,365, triggering a technical rally aimed at the $4,581 weekly target.

US-Iran Tensions Lift Oil Prices as Diesel Margins Hit Records
Crude oil prices advanced amid escalating geopolitical tensions between the United States and Iran, while diesel profit margins climbed to record highs.

Silver Cycle Turns Bullish as VC PMI Eyes Targets Up to $68.88
Silver markets exhibit bullish momentum, with technical analysis pointing toward price targets between $67.77 and $68.88 above crucial support levels.

Oil Surges Above $90 as Middle East Ceasefire Ends, UK Wage Growth Softens
Brent crude climbed past $91 a barrel amid renewed supply concerns, while UK labor data showed easing private-sector wage growth and declining employment.

BHP Reports $12.4 Billion in Government Payments for Fiscal 2026
Global mining corporation BHP has reported total payments of $12.4 billion made to various governments during the 2026 fiscal year.

BHP Reports Record Copper Earnings Driven by Strong Metal Demand
BHP posted record earnings from its copper operations, with the metal accounting for over half of the mining giant's total profit.

Gold Experiences Short-Term Pause While Maintaining Bullish Structure
Gold markets are experiencing a temporary consolidation phase, though the broader bullish technical structure remains intact.

Brent Crude Rises Past $91 Following Vessel Strike Near Strait of Hormuz
Oil prices advance past $91 a barrel after an unidentified projectile strikes a commercial vessel transiting the Strait of Hormuz.

Russia Faces Fresh Gasoline Supply Shortages Across Several Regions
Official reports and media coverage indicate that several Russian regions experienced renewed gasoline supply shortages in August.

Corn Futures Rise as Markets Await Pro Farmer Crop Tour Results
Corn futures advanced in early trading as market participants position themselves ahead of the upcoming Pro Farmer crop tour findings.

Soybean Futures Advance Amid Stronger Crush Pace and Higher Oil Prices
Soybean futures registered gains supported by an accelerated crushing pace and strength in broader oil markets.

US Proposes Seabed Mining Auction Off Northern Mariana Islands
The United States has proposed a seabed mining auction targeting mineral resources located off the coast of the Northern Mariana Islands.

ExxonMobil Awards $1.1 Billion in Contracts for Mozambique LNG Project
ExxonMobil has awarded $1.1 billion in contracts to advance its liquefied natural gas development in Mozambique.

Germany Faces Winter Heating Season With Gas Reserves at Half Capacity
Germany enters the winter heating period with its natural gas storage facilities filled to roughly 50% capacity.

Gold Pulls Back Amid Middle East Tensions and Fed Rate Uncertainty
Spot gold pulled back as markets weighed ongoing Middle East geopolitical tensions alongside lingering uncertainty regarding Federal Reserve interest rate policy.

Brent Oil Futures Advance in Market Trading
Brent oil futures moved higher in recent market activity, drawing attention from commodities traders.

US Energy Secretary Wright to Meet Refiners on Increasing Fuel Output
Energy Secretary Wright is scheduled to hold discussions with domestic oil refiners aimed at exploring ways to boost fuel production.

Northwest Europe Gasoline Margins Ease While Remaining Firm on Supply
Gasoline refining margins in Northwest Europe declined during the session but held firm amid balanced regional supply conditions.

CFTC Seeks Public Input on AI Compute Futures as CME Eyes October Launch
The U.S. regulatory body has opened a public comment period on proposed artificial intelligence compute futures contracts, as the CME Group targets an October introduction.

Russia Faces Fresh Gasoline Shortages and Fuel Limits in August
Russian regions experience renewed fuel supply shortages and rationing at service stations, according to official reports and media accounts.

Iran Warns of Escalation in Strait of Hormuz Over Peace Deal
Iran has threatened to escalate tensions in the Strait of Hormuz and the wider region if the United States fails to fully implement a preliminary peace agreement.

BHP Reports Copper Has Overtaken Iron Ore as Its Primary Profit Driver
Mining giant BHP has seen copper surpass iron ore to become its main profit driver, according to company reporting details.

