Commodities

Oil prices tumbled sharply on Wednesday after reports emerged of significant diplomatic advances between the United States and Iran. Traders quickly unwound geopolitical risk premiums that had been supporting crude values, leading to a steep sell-off in the market.The potential agreement appears to open the door for broader talks on …

Key Takeaways Dollar in retreat: The DXY fell 0.7% to 97.79, with the euro climbing 0.7% to $1.1771 and the pound gaining 0.5% to $1.3619. One-page deal in works: The White House is nearing a memorandum of understanding with Iran to end the war, per Axios. 48-hour deadline: Washington expects …

Key Takeaways Brent and WTI tumble: Brent oil futures plunged 8.1% to $101.02 per barrel, while WTI crashed 9.2% to $92.93. Building selloff: Both contracts had already settled nearly 4% lower in the previous session before Wednesday’s accelerated decline. One-page deal in works: The White House is nearing a memorandum …

Key Takeaways Gold rallies: Spot gold jumped 1.8% to $4,637.14/oz, while U.S. gold futures for June climbed 1.7% to $4,647.31. Building momentum: The yellow metal had already gained nearly 1% in the previous session. Trump’s diplomatic pivot: The president announced a pause to “Project Freedom” and said a deal with …

Key Takeaways Crude extends losses: Brent oil futures fell 1.2% to $108.60 per barrel, while WTI dropped 1.4% to $100.88 — extending Tuesday’s 4% slide. Project Freedom paused: Trump announced the operation to restore Hormuz shipping will be temporarily halted as diplomatic talks progress. Blockade stays: Despite the pause, Trump …

Investors Seek Safety Amid Economic UncertaintyGlobal currency markets traded cautiously as the US Dollar remained firm, supported by resilient American economic data and renewed safe-haven demand linked to rising geopolitical tensions in the Middle East.Investors continued balancing optimism surrounding the US economy against fears that escalating global tensions could trigger …

Advanced Micro Devices delivered a powerful first-quarter performance that reignited investor excitement around the artificial intelligence sector and strengthened confidence in the broader semiconductor industry. The company posted stronger-than-expected revenue and earnings, fueled by surging demand for AI infrastructure, data-center processors, and high-performance computing systems.Revenue climbed to more than $10 …

Gold Prices Recover After Recent LossesGold prices moved higher on Tuesday after hopes for a fragile ceasefire between the United States and Iran helped calm investor fears and improve confidence across global markets.The precious metal bounced back after falling to its lowest level in nearly a month, as investors returned …

Oil prices fell sharply as a fragile ceasefire in the Middle East continued to hold, helping calm geopolitical fears that had rattled global energy markets in recent weeks. US crude futures for June dropped more than 4%, while gasoline prices also declined as investors reacted to signs of improving diplomatic …

Fresh Missile Attacks Ignite New Oil RallyOil prices surged sharply at the start of the week after renewed military escalation in the Middle East reignited fears of a major global supply disruption. Brent crude climbed back above $112 per barrel, while US crude pushed beyond the $100 mark, erasing last …