Trump predicts oil price drop after midterms
Trump stated oil prices will decline post-midterms and gasoline will fall below $2, despite Labor Day weekend prices above $4.
09/09/2026 18:412 min read
Commodities News
Gold, crude oil, industrial metals and agricultural products: supply and demand, inventories and geopolitical risk.
Technical analysis: Crude oil extends rally on persistent Middle East tension
Crude oil futures rose sharply as Middle East tensions escalated, with Brent above $100 and WTI approaching early-June highs.
09/09/2026 16:2310 min read
Oil's rally through key resistance signals deeper trouble ahead
Brent crude has breached $100, and WTI has cleared key resistance, highlighting inflationary risks and political challenges.
09/09/2026 13:339 min read
Brent crude breaches $100, European stocks tumble
Brent crude rose above $100, European stocks fell, and bond yields stayed elevated amid guarded sentiment.
09/09/2026 11:425 min read
Schiff's Nickel Pitch: Melt Value Premium, Legal Blockade
Peter Schiff touts nickels over Treasuries based on melt value, but melting is illegal and storage is impractical.
09/09/2026 11:009 min read
Gold Buy Setup: Conditional Long Below 4,431
Conditional gold long entry in 4,417-4,428 zone if price sweeps below 4,431, with targets at 4,437.6, 4,478.8 and 4,513.0.
09/09/2026 10:2232 min read
Gold Under Pressure as US-Iran Tensions Rise and CPI Looms
Gold under pressure from US-Iran tensions and Fed rate hike expectations; key US CPI report on Friday.
09/09/2026 09:449 min read
Gold returns above $4,400; technical strength questioned
Gold recovered above $4,400 on a 1% gain, but technical resistance and bond yield headwinds limit upside.
09/09/2026 07:429 min read
Oil prices approach $100 as US-Iran tensions rise, with post-breach risk the bigger worry
Oil prices near $100 as US-Iran tensions persist, with the bigger risk seen if prices stay above that level.
09/09/2026 05:038 min read
US forces destroy five Iranian oil tankers; Asia equities climb on AI hopes
US forces destroyed five Iranian crude oil tankers in response to an IRGC attack; Asia stocks rose on AI optimism; US-Canada trade war escalated.
09/09/2026 03:4315 min read
Iran announces missile strikes on US Navy ships and oil tankers in Gulf
Iran's Revolutionary Guard claimed ballistic missile strikes on two US destroyers and attacks on 18 commercial and oil vessels in the Strait of Hormuz, withβ¦
09/09/2026 02:5114 min read
Central bank demand underpins UBS's long-term bullish stance on gold
UBS says gold's recent weakness reflects Fed rate expectations, while central bank buying and fiscal concerns support the metal's long-term case.
09/09/2026 02:2318 min read
Gold Drops on Iran Strikes as Rate Fears Trump Geopolitical Risk
Gold falls on Middle East escalation as inflation and Fed rate hike fears override safe-haven demand.
09/09/2026 02:0521 min read
Brent crude's bigger Gulf reaction highlights benchmark differences
Brent crude's stronger reaction to Iran's missile strikes on US bases illustrates why it differs from WTI for geopolitical risk.
09/09/2026 00:4119 min read
Iran Fires Ballistic Missiles at US Bases in Jordan in Escalation
Iran launched over 30 ballistic missiles at US bases in Jordan after US forces struck Iranian tankers, escalating the Gulf conflict.
08/09/2026 22:5117 min read