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Commodities

Oil Rebounds 1.8% as U.S. Strikes Iran Over Downed Helicopter: Ceasefire Unravels and API Shows Massive 9M Barrel Draw

Key Takeaways Oil bounces back: Brent rose 1.8% to $93.08 per barrel, while WTI climbed 1.8% to $89.78 — recovering from the prior session’s 3% slump to seven-week lows. Helicopter shoot-down triggers strikes: The U.S. launched strikes on Iranian targets near Hormuz after Iran downed a U.S. Apache helicopter. “Proportional” …

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Gold Slides to 11-Week Low for Fourth Straight Session: U.S. Helicopter Shot Down Adds to Iran War Inflation Spiral

Key Takeaways Fourth consecutive loss: Spot gold fell 1.9% to $4,180.85 per ounce — its lowest since March 23; gold futures also dropped 1.9% to $4,204.75. Iran shoots down U.S. helicopter: Washington launched fresh strikes on Iranian targets after the downing near the Strait of Hormuz reignited supply disruption fears. …

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Oil Prices Retreat as Chinese Crude Demand Weakens

Crude oil prices declined sharply during Tuesday’s trading session as improving geopolitical conditions reduced concerns over potential disruptions to global energy supplies. The continued resilience of the ceasefire agreement between Israel and Iran eased market fears and contributed to downward pressure on prices.The decline pushed crude prices to their lowest …

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Gold Under Pressure: Why High Interest Rates Are Keeping the Precious Metal Grounded

Gold is finding itself in a difficult position. Despite a weaker US Dollar, the precious metal is struggling to gain any meaningful traction, hovering near its lowest levels since March. While global uncertainties and shifting geopolitical landscapes usually drive investors toward safe-haven assets like gold, a powerful counterweight is keeping …

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Dollar Eases From 2-Month High as Ceasefire Holds and CPI Looms: Indonesia Shocks With Emergency Rate Hike

Key Takeaways Dollar pulls back: The DXY dipped 0.1% to 99.93, just below Monday’s two-month peak of 100.21. Israel-Iran halt attacks: Both sides paused strikes following Trump’s diplomatic intervention. Trump’s “total victory” declaration: The president said the U.S. was close to declaring victory and oil prices would fall sharply. Ceasefire …

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Wall Street Futures Rise as Trump Sees Iran Deal “Within Days”: AI Rally Stabilizes as Oil Slides Below $93

Key Takeaways Futures advance: Dow futures rose 129 points (+0.3%), S&P 500 futures gained 0.4%, and Nasdaq 100 futures climbed 0.7%. Prior session mixed: The Dow edged down while the S&P 500 and Nasdaq 100 both advanced as chip stocks bounced from Broadcom’s selloff. AI sentiment stabilizes: Chipmaking stocks rebounded …

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Gold Steadies Near 11-Week Low as Iran-Israel Pause Eases Pressure: CPI Data Could Be the Turning Point

Key Takeaways Gold little changed: Spot gold edged up 0.1% to $4,333.40 per ounce, while gold futures dipped 0.1% to $4,358.82 — both near 11-week lows. Monday’s low held: Bullion hit its weakest since March 23 before paring losses to end the prior session largely flat. Jobs data the primary …

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Oil Falls 1.5% as Israel-Iran Agree to Pause Strikes: Trump Claims “Total Victory” as Peace Talks Resume

Key Takeaways Oil retreats: Brent fell 1.2% to $93.08 per barrel, while WTI declined 1.5% to $89.89 — pulling back from Monday’s brief spike above $98. Fragile ceasefire holds for now: Both Israel and Iran paused strikes after Trump’s urgent appeal. Trump’s social media declaration: “Final negotiations on ‘Peace’ are …

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Iran Attacks Israel: Brent Crude Hits $94 as Energy Markets Brace for Shock

The uneasy calm that had settled over the Middle East has been broken. Following Israeli strikes near Beirut targeting Iranian-backed militant forces, Iran launched multiple waves of missiles at Israel — the first such direct attack since a ceasefire had paused hostilities roughly two months ago. The escalation sent immediate …

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Gold Edges Lower as Markets React to Global Tensions and Inflation Fears

Gold prices started the new week with a small decline, slipping slightly after recently trading at high levels. The metal briefly moved lower in early trading before stabilizing around the mid-$4,300 range per ounce. Even with this short-term weakness, gold remains significantly higher compared to last year, with gains of …

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