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Commodities

  • Friday, 12 June, 2026
    Financial fraud
    CEO of collapsed Prax ordered fake invoices, administrators allege

    Winston Soosaipillai accused of creating a ‘web of deceit’ before energy group collapsed

    1 hour ago
    The Union flag and two green PRAX flags fly in front of industrial structures at the Prax Lindsey Oil Refinery.
  • Friday, 12 June, 2026
    Markets
    Oil touches three-month low after Trump says US close to Iran deal

    Stocks and government bonds make gains on hopes energy shock will ease

    2 hours ago
    A man fills his vehicle with gas at a Brooklyn station, shown from a low angle with the pump nozzle in the tank.
  • Friday, 12 June, 2026
    Global trade
    EU to extend carbon border levy on metal products to prevent evasion

    List expanded to almost 400 imported items with significant amount of steel or aluminium

    3 hours ago
    Rows of large steel rolls are stacked outdoors beneath a red gantry crane at a wholesale market.
  • Friday, 12 June, 2026
    Mining
    US-backed fund explores buying stake in troubled French miner Eramet

    Orion CMC looking at Duval family’s stake in group where the French state is a shareholder

    Aerial night view of the illuminated Eramet Grande Cote floating Wet Concentration Plant mining rig operating in the Lompoul desert.
  • Friday, 12 June, 2026
    DRW Holdings LLC
    Trading firm DRW suffered sharp loss on power market as prices gyrated

    Group took $176mn hit and parted ways with its head electricity and gas trader as winter volatility battered positions

    The Charging Bull statue is heavily covered in snow during a winter storm, with a person walking by bundled in winter clothing.
  • Friday, 12 June, 2026
    EU energy
    Norway challenges EU to call US gas ‘safer’ than Arctic reserves

    PM Jonas Gahr Støre tells FT that Europe should seek energy security as he presses bloc to scrap drilling ban in High North

    Industrial pipework with yellow and silver pipes at an Equinor gas facility, with a worker in high-visibility gear and helmet in the foreground.
  • Friday, 12 June, 2026
    Middle East war
    Trump says US close to deal with Iran and calls off strikes

    Markets rally and oil prices dip as US president claims agreement will reopen Strait of Hormuz

    Donald Trump speaks while seated at a desk in the Oval Office, with several people visible behind him.
  • Thursday, 11 June, 2026
    Middle East war
    Trump vows to take ‘total control’ of Iran’s oil and gas markets

    US president says American forces will also seize control of key export hub Kharg Island

    Satellite image shows large oil storage tanks and infrastructure at the Kharg Island oil terminal on the coast of Iran.
  • Thursday, 11 June, 2026
    Gold
    Gold sinks to 6-month low as speculative investors exit

    Bullion set for worst quarter in almost a decade as Iran war, expectations of US rate rises and SpaceX IPO weigh on price

    Stacks of gold bars of varying sizes arranged on a reflective surface inside a safe deposit room.
  • Thursday, 11 June, 2026
    Energy sector
    The ‘new joule order’ is here. The west is last to realise

    Electrification is the purchase of optionality and China bought more of it than any nation in history

    Jeffrey Currie
    Jimmy Carter sits in a chair near a fireplace in the White House Library, smiling before a televised address.
  • Thursday, 11 June, 2026
    Environment
    Artificial chocolate will show what really shapes global trade

    Lab-grown cocoa is the latest synthetic commodity to challenge a natural product

    Alan Beattie
    A worker examines cocoa pods growing on trees in a dense, green cocoa farm in Kwabeng, Ghana.
  • Thursday, 11 June, 2026
    Middle East war
    Lex. Why the much-feared crunch in oil markets has yet to arrive

    Still-ample stocks and some more reactive producers and consumers look to have left the world better equipped to cope with disruption

    Premium content
    Several large vessels are anchored in calm waters of the Strait of Hormuz under a hazy sky, with birds flying low across the foreground.
  • Thursday, 11 June, 2026
    Basic resources
    Iran war tightens ‘super-squeeze’ in metals markets

    Copper and aluminium had been rallying before Middle East conflict hit supply

    Stacks of raw copper sheets bound with metal straps in a warehouse, awaiting export.
  • Wednesday, 10 June, 2026
    Oil
    Oil tankers increase ‘dark’ transits through Strait of Hormuz

    Donald Trump says US launched ‘secret mission’ to help move crude through the waterway

    Numerous vessels anchored in calm blue water of the Strait of Hormuz, with hazy mountains in the background.
  • Wednesday, 10 June, 2026
    Industrial metals
    Lex. How tin went from baked beans to AI gravy train

    Higher prices are prompting some miners to take up their shovels

    Premium content
    A worker in protective gear stands near a smelter with bright molten material and heavy smoke in the facility.
  • Wednesday, 10 June, 2026
    Markets
    Gold and bitcoin: the assets the rally forgot

    Gold and ‘digital gold’ both feel like yesterday’s Fomo trades

    Katie Martin
    Premium content
    A row of black and white dominoes falling in sequence across a surface divided into light and dark blue sections.
  • Wednesday, 10 June, 2026
    Cobalt
    DR Congo’s curbs on cobalt spark squeeze in vital battery element

    A shortage of the raw material has sent Chinese smelters racing to find alternatives

    Dela wa Monga holds a large, rough cobalt stone with both hands at the Shabara artisanal mine.
  • Tuesday, 9 June, 2026
    Oil
    Oil slides as US official says Hormuz transits are ‘meaningfully’ climbing

    Energy secretary Chris Wright cautions that flows through the strait will take months to fully recover

    People swim in the sea near several anchored cargo and commercial vessels in the distance at the Strait of Hormuz.
  • Tuesday, 9 June, 2026
    EU foreign policy
    EU considers suspending rise in Russian oil price cap

    Limit on Russian crude was set to increase from $44 a barrel to $70 following supply disruption due to Middle East war

    Ursula von der Leyen speaks at a podium with an EU flag in the background.
  • Tuesday, 9 June, 2026
    BP PLC
    BP investors push for change at ‘mismanaged kingdom’

    Lack of detail on why Albert Manifold was fired sows doubts over culture overhaul

    BP logo sign at a petrol station, with part of the green and yellow sunburst emblem visible against a blue sky.
  • Tuesday, 9 June, 2026
    Energy Source
    How Poland’s Orlen kept supplies flowing during the Middle East war

    Group’s head oil trader said the company learned lessons from the 2022 shock

    Premium content
    A small boat speeds past a large anchored tanker on the Strait of Hormuz with choppy blue water in the foreground.
  • Tuesday, 9 June, 2026
    Energy crisis
    Oil market defies predictions of summer supply crunch

    Crude prices stay below $100 a barrel as China’s import cuts help eke out global stockpiles

    A person stands in shallow water in the foreground as several cargo and commercial vessels are anchored in the distance on the Strait of Hormuz.
  • Tuesday, 9 June, 2026
    Banks
    US and Japanese banks boost fossil fuel finance, campaign report says

    JPMorgan dominant with 12% increase in deals while European banks reduced market share

    A person with a backpack crossing a street is reflected in the glass above a JPMorgan Chase & Co. bank branch logo.
  • Monday, 8 June, 2026
    Oil
    Oil prices jump after Iran missiles threaten fragile ceasefire

    Traders worry that new strikes could escalate into a return to all-out conflict in Middle East

    A naval officer wearing a headset monitors flight operations from the control tower aboard USS Tripoli, with aircraft visible on deck.
  • Monday, 8 June, 2026
    Energy crisis
    European drivers cut back on fuel as energy price shock bites

    Eurozone records largest year-on-year decline in fuel sales since October 2023

    A white and blue Citroën 2CV drives past a field dotted with hay bales near Saint-Coulomb, with trees in the background.
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Most Read

  1. Trump says US close to deal with Iran and calls off strikes
  2. Trump vows to take ‘total control’ of Iran’s oil and gas markets
  3. Gold sinks to 6-month low as speculative investors exit
  4. Oil touches three-month low after Trump says US close to Iran deal
    2 hours ago
  5. The ‘new joule order’ is here. The west is last to realise
    Jeffrey Currie

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