United States Becomes the World’s Largest Oil Exporter
The United States has become the world’s largest oil exporter, surpassing Saudi Arabia and Russia as record crude and fuel shipments reshape global energy markets.
Commodities
Track price movements and market trends across the world’s key commodities. This section covers metals like gold, silver and platinum, energy such as oil and gas, agricultural products including corn, wheat and cocoa, plus rare commodities like uranium and lithium. We offer timely updates and analysis to help readers understand supply and demand shifts, geopolitical influences and investment opportunities in commodity markets.
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Wall Street Embraces ‘NACHO’ Trade as Oil Shock Bets Intensify
Traders are increasingly positioning around the so-called 'NACHO' trade, betting disruptions in the Strait of Hormuz and elevated oil prices will persist longer than markets expect.
UAE to Exit OPEC and OPEC+
The UAE will exit OPEC and OPEC+ from May 1, aiming to increase oil production and better align with shifting global energy demand.
Oil Falls to $81 as Iran Reopens Strait of Hormuz, U.S. Markets Add $430 Billion
Oil dropped to $81 per barrel after Iran reopened the Strait of Hormuz, while U.S. markets surged, adding roughly $430 billion in market value.
Cocoa Prices Collapse Nearly 80% After Record Highs
Cocoa prices have plunged nearly 60% from 2025 highs, extending losses into 2026. The sharp decline follows a historic rally that peaked in late 2024.
Oil Prices Rebound as Iran Accuses U.S. of Ceasefire Breach
Oil prices resumed gains after Iran accused the U.S. of violating a ceasefire agreement. Renewed tensions are fueling concerns over supply disruptions.
Global Copper Inventories Hit 23-Year High as Supply Surge Accelerates
Global copper inventories have climbed to a 23-year high, surpassing 1.02 million tonnes. The rapid buildup signals shifting dynamics in the commodities market.
Oil Prices Drop After Trump Delays Potential Strikes on Iran Energy Sites
Oil prices fell sharply after President Donald Trump postponed potential U.S. strikes on Iran’s energy infrastructure. The delay eased fears of immediate supply disruptions in the...
Gold Suffers Worst Weekly Drop in Over 40 Years as War and Rates Hit Demand
Gold recorded its steepest weekly decline in more than four decades, falling 11% to $4,488 per ounce. Rising oil prices and expectations of prolonged high interest...
Oil Surges Toward $120 as Iran War Sends Global Stocks Tumbling
Oil prices surged toward $120 per barrel as the conflict involving Iran intensified fears of supply disruptions through the Strait of Hormuz. Global equity markets fell...