Testing a key swing area gives crude oil shorts a risk reference
Crude oil futures test a key swing area, giving traders a level to define risk and short-term bias.
08/10/2026 14:127 min read
Commodities News
Gold, crude oil, industrial metals and agricultural products: supply and demand, inventories and geopolitical risk.
Josh Young Warns of Currency Debasement as Oil Prices Surge
Bison Interests CEO Josh Young says oil inventories are depleting and warns of currency debasement, with WTI fair value near $105.
08/10/2026 13:487 min read
Brent Oil Surges Past $105 on Renewed Iran Strike Fears
Brent crude jumped nearly 5% to about $105 per barrel on reports of renewed US strikes on Iran, reversing earlier declines.
08/10/2026 12:3012 min read
Oil jumps on reports of possible US strikes against Iran
Oil prices surged amid reports the White House asked the Pentagon for strike options against Iran, raising fears of renewed conflict.
08/10/2026 09:5310 min read
Gold rebounds after dip below $4,110; bias stays neutral to bearish
Gold briefly dipped below $4,110 support but recovered, as geopolitical tensions support oil; the technical bias remains neutral to bearish.
08/10/2026 07:3110 min read
Oil gains amid Middle East risks; Japan, S.Korea stocks drop
Oil prices rose on Middle East risks, while Japanese and South Korean stocks fell. Gold rebounded towards $4,140.
08/10/2026 03:5214 min read
Gold edges up from two-month trough; $4,275 level key, says Pepperstone
Gold rose as the dollar eased from an 18-month high, but a break above $4,275 is needed for a sustained recovery, analysts say.
08/10/2026 02:3314 min read
Chevron and Shell halt production at nine Gulf platforms as Isaias approaches
Chevron and Shell have shut in production at nine Gulf of Mexico facilities as Tropical Storm Isaias approaches.
08/10/2026 00:3212 min read
Pentagon told to prepare Iran strikes as Trump weighs when to act
Axios: Pentagon readies for possible Iran strikes; Trump has not made final decision.
07/10/2026 23:2115 min read
Oil volatility tops earnings risk for 37% of Japanese firms, Reuters poll finds
A Reuters poll finds 37% of Japanese firms see oil volatility as the top earnings risk, ahead of currency and rate concerns.
07/10/2026 23:1115 min read
Tanker hit by projectiles off Qatar with crew casualties reported
A tanker was hit by multiple projectiles off Qatar with crew casualties, expanding Gulf shipping risks beyond the Strait of Hormuz.
07/10/2026 20:4112 min read
Tropical Storm Isaias forms over Gulf, US landfall seen Friday
Tropical Storm Isaias has formed in the Gulf and is forecast to make landfall near the Mississippi-Alabama border Friday night, while oil prices slipped.
07/10/2026 17:517 min read
$400 Billion Wiped From Gold and Silver in Minutes on Yield Surge
Gold and silver saw $400 billion in paper value vanish in minutes as US bond yields hit 2002 highs. The loss is a revaluation, not a market outflow.
07/10/2026 15:269 min read
US crude inventories slide 3.186M barrels, much larger than forecast
EIA reported crude inventories fell 3.186M barrels, far exceeding the expected 1.722M barrel build.
07/10/2026 14:4411 min read
Oil bounces back as supply dangers overshadow rising shipments
Crude oil rebounded after supply risks from Houthi attacks and a Gulf storm outweighed improving exports.
07/10/2026 10:2211 min read