Ukraine strikes Moscow refinery in record drone assault, diesel markets watch
Ukraine struck Moscow's main oil refinery in its largest drone attack on the region, putting diesel supply in focus.
20/09/2026 21:0213 min read
Commodities News
Gold, crude oil, industrial metals and agricultural products: supply and demand, inventories and geopolitical risk.
US touts six-month Hormuz high as mine clearance pays off
US Central Command says Hormuz oil and LNG shipments hit a six-month high, crediting mine clearance, despite Iran's closure claims and Saudi air alerts.
20/09/2026 20:5115 min read
WTI crude falls $1.64 on optimism over Saudi supply bypasses
WTI crude oil settled lower at $95.60 as reports of Saudi bypass restoration and Hormuz transit ease supply fears.
18/09/2026 19:127 min read
Gold approaches key technical decision at support confluence
Gold price tests a dense support zone defined by moving averages and Fibonacci levels as buyers and sellers vie for control.
18/09/2026 14:2212 min read
JPMorgan drops Iran war endgame forecast as economic thresholds breached
JPMorgan has abandoned its baseline view of the Iran war, saying it can no longer model the endgame after key economic thresholds were breached.
18/09/2026 12:118 min read
Gold advances on de-escalation hopes from Trump-Gulf meet
Gold extends gains on de-escalation hopes ahead of Trump meeting on Iran.
18/09/2026 11:318 min read
Silver surges over 7% after Fed dot plot signals limited rate hike appetite
Silver surged over 7% after the Fed's dot plot showed only one more hike in 2026, less than markets had priced.
18/09/2026 09:4112 min read
Gold Recovers Towards $4,400 as Technical Breakdown Fails to Materialize
Gold has bounced back towards $4,400 after holding key technical support, with buyers looking to extend the recovery.
18/09/2026 09:319 min read
WTI oil's $5 gap explained by futures contract rollover
A $5 overnight drop in WTI crude oil was due to futures contract rollover, not a selloff. The price difference reflects separate delivery months.
18/09/2026 07:4111 min read
Schwab's Sonders: Neutral on Equities, Favor Commodities, but Not for Everyone
Charles Schwab chief strategist Liz Ann Sonders says the firm is neutral on equities and favors commodities, but stresses that portfolio allocation depends on…
18/09/2026 04:148 min read
Goldman holds gold forecast at $5,400 after Fed rate increase
Goldman Sachs kept its end-2027 gold forecast of $5,400 per ounce despite the Fed's rate hike, saying tighter policy will slow but not derail the rally.
18/09/2026 01:5211 min read
Trump nears major decision on Iran war, tells Axios
Trump tells Axios he is nearing a decision on resuming large-scale attacks on Iran, ahead of a meeting with Gulf leaders.
17/09/2026 22:1317 min read
JP Morgan: Six Months In, Oil Market Endgame Still Unclear
JP Morgan's own calculations indicate that the market is pricing in considerably more risk than the bank's fair value model can account for, with Brent…
17/09/2026 22:0119 min read
Iran hits oil tanker under US Navy escort in Strait of Hormuz
Iran struck an oil tanker under US Navy escort in the Strait of Hormuz after anti-ship missile launches, escalating the war that has choked key oil routes.
17/09/2026 21:3112 min read
Trump mulls 'big decision' on Iran as US forces remain in holding pattern
Trump says he faces a big decision on whether to launch new attacks on Iran, keeping both escalation and de-escalation open.
17/09/2026 17:216 min read