Historical Commodity Market News Stories
IEA Sees Oil Surplus; Gold Forecasts Lifted Rally!
The IEA’s recent report signals growing oil supply and a near‑term crude surplus that pushed prices lower, while HSBC raised its multi‑year gold forecasts citing strong central‑bank and investor demand and a softer dollar. Together, these moves lower energy costs for other commodities and shift investor flows toward precious metals.
Fed Dovish Tilt Boosts Crypto; SOL Drops on SEC
Fed officials signaled a dovish tilt that pushed the dollar lower and lifted major cryptocurrencies, while the SEC’s procedural delay on Solana ETF decisions knocked SOL lower in the short term.
China Prices Slip; IEA Sees Bigger Oil Surplus Now
China’s September CPI fell 0.3% y/y and PPI dropped 2.3% y/y, signaling weaker industrial demand that pressures many raw-material prices. The IEA raised its oil supply outlook, warning of a near-term surplus and prompting crude to slide into the low $60s, a direct bearish impulse for oil and refined fuels.
EIA Raises US Oil Output; Cocoa Falls 20-Month Low
EIA’s latest outlook lifts the U.S. 2025 oil output forecast, signaling softer crude prices and lower energy input costs across commodity supply chains. Separately, cocoa futures plunged to a 20‑month low as West African harvest prospects and cooling demand ease tightness — a win for food manufacturers and a concern for growers and commodity traders.
Russia Diesel Ban Sends Freight Costs Higher Now!!
Russia announced an extension to its gasoline export ban and a partial diesel export restriction through Sept 30, 2025, tightening diesel availability for fuel‑intensive sectors. Separately, a mudslide at Indonesia’s Grasberg mine forced Freeport‑McMoRan into force majeure and prompted analysts to cut copper supply forecasts (about 591,000 tonnes lost through end‑2026). Together these verified events raise near‑term costs for freight, mining, agriculture and push copper toward a supply deficit.
Russia Diesel Ban Sends Freight Costs Higher Now!!
Russia announced an extension to its gasoline export ban and a partial diesel export restriction through Sept 30, 2025, tightening diesel availability for fuel‑intensive sectors. Separately, a mudslide at Indonesia’s Grasberg mine forced Freeport‑McMoRan into force majeure and prompted analysts to cut copper supply forecasts (about 591,000 tonnes lost through end‑2026). Together these verified events raise near‑term costs for freight, mining, agriculture and push copper toward a supply deficit.
Fed Cuts Signal Lift Commodities; China Buys Soy!!
A Fed 25bp cut and dovish guidance weakened the dollar and lifted broad commodities, while Chinese buying of Argentine soybeans after a tax pause pressures CBOT soy and U.S. exporters.
Fed Cuts Signal Lift Commodities; China Buys Soy!!
A Fed 25bp cut and dovish guidance weakened the dollar and lifted broad commodities, while Chinese buying of Argentine soybeans after a tax pause pressures CBOT soy and U.S. exporters.
Dollar Slides; Gold Soars, China Halts Coal Mines!
This week the U.S. dollar fell to multi-year lows as markets priced in a likely Fed rate cut, pushing gold above $3,700/oz and easing financial conditions across dollar-priced commodities. Separately, Inner Mongolia ordered 15 Ordos coal mines to stop after breaching output quotas, tightening metallurgical coal supply and lifting coking coal futures.
Bond Yield Surge Sparks Gold Rally; LNG Exports Up
A jump in long-term government bond yields pushed gold to a fresh record as investors sought a fiscal hedge, while U.S. liquefied natural gas shipments hit a monthly high in August — lifting supply-side pressure on European gas flows and freight markets.
Dollar Drop Fuels Metals Rally; Cocoa Falls
A softer U.S. dollar this week, driven by rising bets on an upcoming Fed rate cut, is lifting dollar‑priced commodities—especially precious metals—while cocoa tumbled after West African crop outlooks improved.