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Commodities News
Economies.com provides the latest news and fundamental analysis about Commodities. In this section you may read about all the international economic and political events affecting the commodities rates such as the Precious Metals (Gold, Silver, etc) as well as Crude Oil, Brent Oil, Platinum etc.
Oil prices moved higher on Monday after the United States and Iran reached an agreement to halt recent hostilities in the Middle East.
US West Texas Intermediate crude futures climbed 2.4% ...
Is Libya quietly becoming the biggest oil prize the West cannot ignore?
2026-06-29 18:05 UTC
As OPEC raised its long-term oil demand forecast for the third consecutive year, now expecting global consumption to increase by 19 million barrels per day, or 18%, by 2050, Libya’s National ...
Copper surges, but smelters can no longer rely on the metal alone for survival
2026-06-29 15:09 UTC
As copper prices approach record highs, the value of the metal to copper smelters has collapsed due to an unprecedented decline in treatment and refining charges.
Companies that convert ...
Oil prices steady as the United States and Iran agree to halt attacks
2026-06-29 11:35 UTC
Oil prices were little changed on Monday after Iran and the United States agreed to halt recent hostilities in the Gulf and across the Middle East, while regional producers continued loading oil and ...
Silver falls nearly 3% in a weak start to the week
2026-06-29 11:24 UTC
Silver prices lost nearly 3% in European trading on Monday, beginning the new week on a negative note as the metal resumed losses after a two-day rebound and moved closer once again to seven-month ...
Gold falls more than 1% at the start of the week
2026-06-29 09:57 UTC
Gold prices dropped more than 1% in European trading on Monday, resuming losses after a two-session rebound and moving closer once again to retesting the key $4,000-an-ounce level. The decline was ...
US crude falls below $70 after vessel attack near Oman
2026-06-26 18:43 UTC
Oil prices extended their decline on Friday as more tankers exited the strategically important Strait of Hormuz, easing supply concerns despite an attack on a vessel in the Gulf of Oman.
The ...
What happened to Big Oil’s shift toward green energy?
2026-06-26 16:25 UTC
Over the past two decades, the direction seemed clear: major oil companies would gradually evolve into broad-based energy companies. The expectation was that they would use their vast balance sheets, ...
Despite copper prices trading near record highs, the value of the metal to copper smelters has fallen sharply following an unprecedented collapse in ore treatment and refining ...
Oil heads for steep weekly losses as tankers exit the Strait of Hormuz
2026-06-26 12:13 UTC
Crude oil prices fell more than 3% on Friday and were on track for sharp weekly losses as supply concerns continued to ease with more stranded tankers leaving the Strait of Hormuz, despite a cargo ...