Commodities News

White House Rules Out Diesel Export Ban as Prices Top $6.50 per Gallon

White House denied 90-day diesel export ban reports with prices above 6.50 per gallon as Energy Secretary Wright clarified no flat ban under consideration

Sep 23, 2026

🇸🇬 Singapore

Trump Backs Diesel Export Ban Despite Internal Opposition as Domestic Fuel Prices Hit Records

Trump backs a diesel export ban as domestic fuel prices hit records despite opposition from his own officials

Sep 23, 2026

🇬🇧 United Kingdom

European Diesel Surge Costs Drivers €203 Million Per Day as Prices Rise 40% Since Year-Start

European motorists are spending an extra €203 million daily on diesel compared to start-of-year price levels

Sep 23, 2026

Trump Backs Diesel Export Ban as Record Pump Prices Drive Policy Shift on Energy Exports

President Trump declared support for banning or restricting diesel fuel exports to address record domestic pump prices

Sep 23, 2026

🇦🇪 UAE / MENA

Gold Holds Near $4,343 as Fed Rate Outlook Caps Gains; Silver Surges to $66.63

Spot gold traded at $4,342.98 per ounce, up 0.08%, with rate expectations limiting the upside

Sep 23, 2026

China's Structural Power Cost Advantage Poses Long-Run Risk to U.S. AI Infrastructure Valuations

AI data center energy costs are emerging as a critical competitive variable between U.S. and Chinese AI infrastructure operators

Sep 23, 2026

🇸🇬 Singapore

Oil dips to $100 as US-Iran diplomacy signals and Saudi export recovery ease supply premium

Crude oil fell to $100/barrel as US-Iran diplomatic hopes and Saudi export recovery reduced supply risk premium

Sep 22, 2026

🇬🇧 United Kingdom

Republicans Push Trump to Ban Diesel Exports as Iran War Drives US Fuel Price Crisis

Top Republican lawmakers are pressuring President Trump to restrict US diesel exports following a fuel price crisis linked to the US conflict with Iran.

Sep 22, 2026

Gold Edges Higher as Oil Price Slump Reduces Federal Reserve Rate-Hike Probability

Gold prices rose as a multi-session oil price decline dampened inflation expectations and reduced the probability of further Federal Reserve rate increases

Sep 22, 2026

US Natural Gas Futures Slide 2.6% to Weekly Low as European Gas Prices Plunge 7%

October Nymex natural gas fell 2.61% to a one-week low on Monday, tracking a sharp 7% decline in European gas prices

Sep 22, 2026

🇸🇬 Singapore

Gold Dips as Traders Await Fed Speaker Comments on Rate Path After Latest Hike

Gold edged lower as Federal Reserve policymakers prepared to speak following last week's rate hike decision

Sep 22, 2026

Gold Edges Higher as Oil Price Decline Dampens US Rate Hike Expectations

Gold edged higher as a multi-session slump in oil prices reduced expectations for additional Federal Reserve rate hikes to contain inflation

Sep 21, 2026

Gulf Oil Supplies to India Surge to 1.52 Mb/d in September as Sellers Offer Discounts

Gulf crude supplies to India surged to 1.52 million barrels per day in September, recovering from 1.03 mb/d in June, as Middle Eastern sellers offered deeper discounts to regain market share.

Sep 21, 2026

Gold Prices Retreat as Fed Rate Hike Reinforces Dollar Strength and Inflation Concerns

Gold prices declined as the Federal Reserve implemented a rate hike, reinforcing dollar strength that typically weighs on the dollar-denominated commodity.

Sep 21, 2026

Diesel Prices Hit Record High, Squeezing Logistics Operators and Stoking Inflation

Diesel prices have reached a record high, creating margin pressure for logistics operators and supply chain costs across US industries

Sep 21, 2026

Diesel Prices Surpass $6.50 Per Gallon as Global Supply Pressures Intensify

US diesel prices have surged past $6.50 per gallon, the highest level in recent months, driven by global supply constraints

Sep 21, 2026

Gold Recovers as Oil Falls and Fed Rate Hike Expectations Moderate Inflation Concerns

Gold prices edged higher in early Asian trade as a drop in oil prices and moderated Fed rate-hike fears combined to reduce real yields pressure on the metal

Sep 21, 2026

Oil Prices Surge as Middle East Tensions Escalate, Testing Energy Market Resilience

Oil prices surge sharply as escalating Middle East tensions raise supply disruption concerns across key transit routes

Sep 21, 2026

Biodiesel Becomes Cheaper Than Conventional Shipping Fuel, Accelerating Decarbonization Shift

Biodiesel for shipping has fallen to a record low price, now cheaper than conventional marine fuel for the first time due to oversupply

Sep 21, 2026

IEA forecasts record global coal demand in 2026 as Hormuz Strait closure forces nations to replace oil and gas

The IEA's mid-year update forecasts record global coal demand in 2026 driven by Hormuz Strait trade disruptions

Sep 20, 2026

US-Greenland Strategic Deal Signals Significant Shift in Arctic Investment and Rare Earth Access

A US-Greenland strategic deal signals a major shift in Arctic investment dynamics and critical mineral access.

Sep 20, 2026

Ex-Vitol Trader Sentenced to Four Years for Commodities Bribery

A former Vitol trader has been sentenced to four years in prison for accepting bribes in commodities markets.

Sep 20, 2026

India Fuel Prices Unchanged Sept 19 as Global Crude Volatile; US Diesel Hits Record $6.49

India's petrol and diesel retail prices held unchanged in Delhi, Mumbai, Kolkata, and Chennai on September 19, despite global crude price volatility

Sep 20, 2026

LNG Spot Prices Surge 150% as Europe Outbids Asia, Reshaping Global Gas Markets

LNG spot prices have surged 150% as European buyers outbid Asian importers, driven by energy security constraints post-Russian supply disruptions

Sep 19, 2026

🇰🇷 South Korea

Saudi Aramco Halts October Europe Oil Supply After Pipeline Attack; Anthropic Delays IPO to November

Saudi Aramco notified at least two European refiners it would not deliver crude in October after an attack on a pipeline feeding the Red Sea route.

Sep 19, 2026

India's Russian Crude Imports Fall in August as Unattributed Flows Mask True Supply Mix

India's official Russian crude import volumes dropped in August while unattributed oil shipments surged simultaneously.

Sep 19, 2026

Saudi Aramco Zeros October European Crude Allocations as Pipeline Damage Forces Gulf Rerouting

Saudi Aramco has told all European term customers they will receive zero crude oil in October, Bloomberg reported, applying to all European term buyers without exception.

Sep 19, 2026