Strait of Hormuz vessel traffic drops to five-month low, data shows
Strait of Hormuz shipping traffic fell to its lowest since May, data show, despite US Navy claims of increased escorts.
06/09/2026 23:5115 min read
Commodities News
Gold, crude oil, industrial metals and agricultural products: supply and demand, inventories and geopolitical risk.
Diesel rally fuels hedge funds' bullish oil bets at three-month high
Hedge funds raised oil bets to a three-month high as diesel and gasoline positions hit records, signaling persistent inflation risk.
06/09/2026 22:2512 min read
OPEC+ holds oil quotas steady for October amid Hormuz disruption
OPEC+ held oil quotas steady for October as Hormuz disruption limits its market influence.
06/09/2026 21:3213 min read
Iran to set up Hormuz restricted zone, warns of stronger retaliation
Iran plans to declare a restricted zone outside the Strait of Hormuz and warns of a faster, heavier and more painful response to any future attacks.
06/09/2026 20:4714 min read
Iran's new warning puts oil, gold and stocks on holiday watchlist
Iran warns of severe response; markets watch oil, gold and stocks over holiday.
06/09/2026 12:5117 min read
Trump Takes Steps to Let Ranchers Process and Sell Their Own Beef
Trump authorized tariff-free beef imports for 90 days and moved to let ranchers process their own beef, aiming to lower prices and increase competition.
04/09/2026 19:3115 min read
Crude Oil Futures Gain This Week, Slip Intraday
Crude oil futures rallied this week but slipped on the day, with key technical levels providing support and resistance.
04/09/2026 15:319 min read
Crude oil jumps on report of Iranian missile launches
Iran launched ballistic missiles, pushing WTI crude oil above $90 after a low of $79 on Aug 26.
04/09/2026 15:112 min read
Diesel Reaches All-Time High of $5.820 as War Fuel Costs Hit $97.5 Billion
US diesel hit a record $5.820/gallon amid low stockpiles. War-related fuel costs reached $97.5 billion.
04/09/2026 06:569 min read
Gold whipsaws on rate bets, braces for payrolls test
Gold fluctuates near $4,475 as traders await US payrolls data after a volatile week driven by shifting Fed rate expectations.
04/09/2026 01:4115 min read
Oman Rejects Iran's Joint Fee Proposal for Hormuz Ships - Report
Oman has reportedly rejected Iran's plan to jointly charge fees on ships in the Strait of Hormuz, contradicting earlier claims by Iran's IRGC.
03/09/2026 21:4216 min read
Citi bumps 3Q26 Brent forecast to $86, holds 2027 view at $65
Citi revised its 3Q26 Brent forecast up to $86 per barrel, held 4Q26 at $70 and 2027 at $65, and adjusted gas forecasts.
03/09/2026 21:1312 min read
Vance sets condition for Iran talks: stop ship attacks
Iran disrupts Hormuz traffic to pressure oil prices; US counters with economic pressure. No breakthrough imminent as crude nears $93.50.
03/09/2026 18:313 min read
Lumber prices fall 35% after crypto exchanges list futures
Lumber prices have dropped 34.9% since FTX launched tokenized lumber futures in May 2021, with the BLS index falling from 455.4 to 296.4.
03/09/2026 12:327 min read
WTI crude oil bearish target reached before bullish activation above $90.90
WTI crude oil's bearish trade hit its first target at $89.58, but the breakdown failed and price reversed above $90.90, completing all four bullish targets.
03/09/2026 12:2236 min read