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Commodities News
WTI Crude Falls Below $80 as OPEC+ Eyes July Output Increase
Crude oil fell more than 2% after OPEC+ sources indicated plans to unwind its 2.2 million barrels per day voluntary cut in July. WTI crude dropped to $78.40 per barrel, its lowest in three weeks. Ener
Apr 22, 2026
Gold Hits Record $2,450 Per Ounce as Central Bank Purchases Accelerate Globally
Gold climbed to a new record high of $2,450 per troy ounce as central banks continued diversifying reserves away from the US dollar at a record pace. Central banks purchased a net 290 tonnes of gold i
Apr 22, 2026
Copper Hits 2-Year High on AI Data Center Buildout and Green Energy Demand
Copper prices have surged 18% this year to above $5 per pound, driven by voracious demand from AI data centers, electric vehicles, and renewable energy infrastructure.
Apr 22, 2025
Oil Falls Below $65 on Rising OPEC+ Output and Weak China Demand Data
WTI crude dropped below $65 per barrel this week — its lowest level since 2021 — as OPEC+ accelerates production increases and China's refinery runs disappoint.
Apr 22, 2025
Gold Hits $3,450 All-Time High as Dollar Weakens and Central Bank Demand Surges
Gold has surged 28% year-to-date, setting a new all-time high this week. Central bank buying, geopolitical uncertainty, and a weaker dollar are all fueling the rally.
Apr 22, 2025
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