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Commodities Headlines
XAUUSD: Gold Steady Near $4,370, Prices Seek to Break 3-Day Losing Streak tradingview.com
Source: tradingview.com
Goldman Sachs Raises Oil Price Forecasts on Middle East Shipping Disruptions indexbox.io
Goldman Sachs has revised its crude price forecasts upward, expecting Middle East shipping disruptions to persist into next year. Brent and WTI targets for December 2026 are raised to $85 and $80, with 2027 averages at $80 and $75. The bank sees upside risks, with Brent potentially exceeding $120 if Gulf output remains significantly below pre-war levels.
Source: indexbox.io
Natural Gas and Oil Forecast: WTI, Brent Rally as Hormuz Supply Risks Deepen fxempire.com
Hormuz traffic falls as Middle East supply risks deepen, with WTI testing $94.89, Brent approaching $99.41 and natural gas weakening below $2.92.
Source: fxempire.com
Oil vessel transit costs through Hormuz escalated after Iran war, ENOC exec says marketscreener.com
Oil vessel transit costs
through the Strait of Hormuz have escalated significantly after
the Iran war, led by a sharp climb in additional war risk
premiums and cargo insurance costs, an executive from…
Source: marketscreener.com
When Should You Start the Conversion of Agricultural Commodities to Food, Particularly for Fresh-Cut Items? food-safety.com
Source: food-safety.com
Shipping traffic via Strait of Hormuz stays below 10-day average, data shows reuters.com
Source: reuters.com
Brent nears $100 a barrel: What’s stopping oil from crossing the line? timesofindia.indiatimes.com
Brent crude is now just a heartbeat away from the $100-a-barrel mark. The global benchmark has continued to inch higher towards the psychologically important mark but is yet to breach it, even as escalating tensions in the Middle East fuel concerns over disruptions to global energy supplies.
Source: timesofindia.indiatimes.com
WTI eases from three-month top; US-Iran tensions to limit downside fxstreet.com
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – touches a fresh three-month top, around the $92.50 area during the Asian session on Wednesday, though it lacks follow-through. Nevertheless, the commodity seems poised to climb further amid escalating US-Iran tensions.
Source: fxstreet.com
Gold and Silver Price Forecast: XAU/USD Eyes Breakout as US Inflation Data Looms fxempire.com
Source: fxempire.com
Commodity Corner: Oil rises for fourth straight session, gold extends decline moneycontrol.com
Source: moneycontrol.com
China Bought 20 Tons of Gold in August, Its Biggest Haul in Nearly Three Years mitrade.com
Source: mitrade.com
China’s wholesale inflation tops estimates in August on commodity costs, tech demand as consumer price increases meet forecast cnbc.com
Source: cnbc.com
Oil prices jump 1% in early trade amid escalating US-Iran tensions business-standard.com
Source: business-standard.com
Brent Crude Oil Moves Above $100 for the First Time in 3 Months mitrade.com
Source: mitrade.com
SSE Commodity Index Hits 8-week Low tradingview.com
Source: tradingview.com
