Commodities

OPEC+ moves up video conference to discuss June oil production - Bloomberg

Investing.com -- The Organization of Petroleum Exporting Countries and allies (OPEC+) has rescheduled its video conference to discuss oil production levels for June. The meeting, initially planned for

Gold set to glitter again as dollar fightback to fade, fed rate cuts incoming: UBS

investing.com -- Gold has taken a breather, but is likely to return to winning ways as the dollar’s fightback against the bears isn’t likely to last very long, with the Fed expected to cut rates l

Citi says short-term oil weakness could set up bullish outlook into 2026

Investing.com -- Oil prices are set to face more pain in the months ahead as crude demand dwindles, but the opportunity to buy the dip is coming as falling prices will force OPEC+ and U.S. shale produ

BofA sees more volatility as tariffs unfold, cuts Copper and Aluminium forecasts

Investing.com -- Bank of America warned of rising volatility across metals markets due to ongoing trade tensions, cutting its 2025 copper and aluminium price forecasts and citing uncertainty around U.

BofA sees Brent crude dropping to $50 in tariff worst-case scenario

Investing.com -- Brent crude oil could fall to $50 a barrel for a few weeks in a worst-case scenario, Bank of America (NYSE:BAC) warned, as sweeping new U.S. tariffs and an unexpected OPEC+ production

Oil prices would need to fall to $53/barrel for US CPI to hit Fed's 2% target:Citi

Citi commodity strategists expressed concerns over potential downside risks for oil prices and their subsequent impact on the U.S. Consumer Price Index (CPI).

US oil futures rise despite API inventory showing larger build in crude stocks

Crude Oil WTI Futures, the U.S. benchmark, recently traded at $66.61 a barrel following the report after settling up 0.3% at $66.25 a barrel.

Oil's bumpy start to the year still hasn't encourage bearish consensus: JPMorgan

Investing.com -- Oil prices have suffered a bumpy start to the year, but JPMorgan (NYSE:JPM) says many in the market aren't yet to adopt a bearish consensus amid expectations for sanctions on Iran, Ru

Lumber futures reach over two-and-a-half-year high following Trump's investigation

Investing.com -- Lumber futures have climbed to their highest level in over two and a half years following U.S. President Donald Trump's recent directive to investigate lumber imports into the U.S. an

Upcoming Milestones for the ASX’s Dedicated Silver Giant Ready to Awaken

Highlights:,Silver-Centric Development,: The Bowdens project is positioned to derive the majority of its revenue from silver, distinguishing it from many diversified mining operations.,Progress Towards Construction,: Plans are in place to advance tow...

US oil futures fall after API reports smaller decline in crude inventories

Crude Oil WTI Futures, the U.S. benchmark, recently traded at $76.91 a barrel following the report after settling down 1.7% at $77.50 a barrel.

US oil futures rise after API reports much larger drop in US crude stocks

Crude Oil WTI Futures, the U.S. benchmark, recently traded at $74.42 a barrel following the report after settling up 0.9% at $74.25 a barrel.

Here is JPMorgan's gold and silver price outlook for 2025 and 2026

Investing.com -- JPMorgan expects a near-term downturn for base metals in early 2025 due to potential U.S. tariffs on Chinese goods but sees a rebound later in the year, supported by stronger Chinese

Goldman sees upside risks for Brent near term

Palladium to continue to lag other precious metals, says UBS

Investing.com -- UBS analysts highlighted palladium as the worst-performing precious metal, reflecting a 12% decline so far this year.

JPMorgan's quants see upside for gold prices from here after Trump win

Investing.com -- Following Donald Trump's recent election victory, JPMorgan (NYSE:JPM)'s quantitative analysts anticipate potential upside for gold prices, with positive flows into gold ETFs and futur

OPEC in conundrum as supply surplus risk, slowing demand leaves hard choices ahead

Investing.com -- OPEC and its allies, or OPEC+, are facing unfavourable backdrop for the plans to boost production as a potential crude surplus in 2025 and cooling demand will likely continue to blunt

US oil futures off lows after API inventory shows surprise decline in crude stocks

Crude Oil WTI Futures, the U.S. benchmark, recently traded at $70.67 a barrel following the report after settling down 0.3% at $70.39 a barrel.

Gold prices muted; copper weakens as China stimulus underwhelms

Investing.com-- Gold prices steadied in Asian trade on Monday as traders awaited more cues on U.S. interest rates from a string of Federal Reserve speakers this week, while bets on a November cut pers

Oil prices slide on weak China inflation, disappointing stimulus

Investing.com-- Oil prices fell sharply in early Asian trade on Monday, retreating after data from top importer China pointed to a sustained deflationary trend, while the country’s plans for fiscal