Know What's Happening in Commodities
Know What's Happening in Commodities
Ireland launches €250M relief package as heating oil prices double
Heating oil prices in Ireland surged from about $545 to over $1,090 per fill within a month amid the Middle East conflict. The government responded with a €250 million ($273 million) relief package that includes excise cuts and a diesel rebate, though experts say a national energy‑security strategy is still lacking.
Also developing:
By the numbers: Oil majors acquire $164M of Alaska oil leases
China’s National Energy Administration reported 32.48 GW of new solar capacity installed in January‑February 2026, a 17.7% year‑on‑year decline, while total generation capacity reached 3.95 TW, with solar climbing to 1.23 TW (+33.2%). Polysilicon prices fell sharply, with weekly drops of up to 7.95% as the market entered a negative purchasing cycle. State‑owned China Huaneng Group announced a 10 GW inverter procurement split across three lots, signaling continued demand for large‑scale PV hardware. Meanwhile, Deye seeks a $1.5 bn H‑share listing to fund overseas expansion, and Haitian signed a strategic pact with Tongwei to co‑develop advanced metallization pastes.
We are just weeks from major disruptions to mining, EVs, and all such things due to Helium and Sulfur shortages It is not the end of the world, but it will likely end the business cycle unless solved within 7-10 days...
The episode examines the recent fuel shortages at Australian petrol stations, attributing the empty pumps largely to panic buying rather than a supply disruption from the Israel‑Iran conflict. Independent station owner Steve Amos describes how demand spiked, forcing wholesalers to...
Investor Kevin Muir’s latest column signals a renewed appetite for gold as a hedge against rising inflation and geopolitical uncertainty. He notes that central banks are rebuilding reserves, while retail investors are turning to physical bullion after a prolonged period...
Thai rice farmers are confronting a sudden spike in petrol prices as the US‑Israel war against Iran disrupts Middle‑East oil supplies. The price increase adds roughly $0.30 per litre to diesel costs, eroding already thin profit margins. Thailand, which imports...
The Softs Report highlights heightened volatility across cotton, orange juice, coffee, sugar and cocoa as the US‑Iran conflict and extreme weather reshape supply dynamics. Cotton prices stay pressured by hot, dry conditions in Texas and rising input costs linked to...
"Let's just say on Friday we sign a cease fire and all hostilities cease. We are not going back to 60 bucks (per barrel). There's going to be a geopolitical risk premium built into the price of oil... You will...
In this Beef Market Update, Anne Wasco of Gateway Livestock Exchange reports that strong lean‑beef demand is keeping cattle prices firm despite a pullback in boxed beef and a recent packer strike. Cash markets remain steady around $235 live and...
"The biggest supply disruption in history." The war in Iran has closed the straight of Hormuz, damaged energy infrastructure across the region, and sent shockwaves across the global oil & gas industry. It's so big, it's hard to get your...
In this episode, the host analyzes the immediate oil market impact of a potential closure of the Strait of Hormuz, which transports about 20 million barrels per day—roughly one‑fifth of global supply. He explains that this volume creates a market "hole"...
Chevron stock leapt sharply after crude oil climbed toward $90 per barrel and the energy giant signaled a more generous dividend. The rally helped lift the Dow Jones and underscored a broader rebound in energy equities amid easing Middle‑East tensions.
Ford Motor Co. is adding a third shift at its Dearborn Truck Plant to produce an extra 50,000 F-150 pickups in 2026 after a fire at aluminum supplier Novelis crippled output. The shortage has forced the automaker to prioritize high‑margin...
The Indian rupee breached 94.70 per U.S. dollar on Friday, its weakest level ever, as Brent crude surged above $107 a barrel and geopolitical risk in West Asia intensified. Foreign portfolio investors dumped roughly $9.5‑$10 bn of Indian equities, while the...
Iran announced a new toll of up to $2 million for commercial ships passing the Strait of Hormuz, a move that threatens to raise shipping costs and tighten global oil supplies. The fee comes amid heightened missile attacks, diplomatic deadlock and...
UK average petrol price reached 150.11 pence per litre (≈£1.50/$1.88), with diesel at 177.68 pence (≈£1.78/$2.22), the highest levels since May 2024. The surge, tied to the Iran‑Israel conflict and rising crude, is inflating motorists’ travel costs and feeding broader inflation worries. At...
Gold has slumped 16% and silver 27% over the past month, despite heightened US‑Iran tensions. The drop stems from liquidity squeezes and waning expectations of Federal Reserve rate cuts, which have lifted the dollar and real yields. Analysts note the...
Soybean's $12 Ceiling Alongside $120 Crude Oil - It may take some combination of WTI crude oil staying above $100 a barrel, a poor Brazilian crop and a Corn Belt drought for soybeans to stay above $12 a bushel. Alongside...
March Selling When They're Yelling in Grains - A takeaway from the March 24-25 Bloomberg Farm, Food & Fuel Summit in Kansas City was that many Corn Belt grain producers used recent price increases to hedge. Corn and soybean futures...
Intercontinental Exchange reported record trading activity across its global derivatives markets and NYSE equities in March 2026, driven by heightened Middle‑East geopolitical risk. Open interest hit all‑time highs, including 76.8 million commodity contracts and a total of 125.4 million futures and options...
In this episode, Charlene Young and Tom Sieber dissect how the ongoing Iran conflict is fueling oil price volatility and feeding into UK inflation pressures, while also reviewing the latest UK CPI data and government energy support plans. They highlight...
The global dairy market hit a record‑high in 2025 as milk production surged across every major region, driven largely by unprecedented growth in the United States. U.S. herd size swelled to roughly 9.6 million cows, supporting a 2 % annual increase in...
Silver’s open interest has fallen to its lowest level in over two decades, suggesting the metal is deeply oversold and may soon reverse higher. Gold also shows weakness, with Comex open interest under 400,000 contracts and prices testing key moving...
AirGas, an Air Liquide subsidiary, announced a force majeure on helium shipments on March 17, limiting deliveries to roughly 50% of normal volumes and tacking on a $13.50 per hundred cubic feet surcharge. The move follows QatarEnergy’s shutdown of LNG‑linked...
Indonesia, Malaysia, Thailand, Vietnam and the Philippines are accelerating nuclear power projects to meet soaring electricity needs of AI data centers, a shift driven by soaring oil prices from the Iran war. The region could contribute roughly 40 GW of new...
Chevron warned that California is on track for a historic diesel shortage after the state’s diesel price surged past $7 a gallon, the highest on record. The company said it may exit California refining within a decade unless policy changes...
Bridgewater Associates' $92 billion Pure Alpha strategy posted a loss of under 1% for March, outpacing rivals that logged multi‑billion‑dollar declines amid an Iran‑driven oil price shock. The fund’s defensive positioning highlights a widening gap between macro hedge funds that were...
The U.S. dollar index climbed to 99.64, its biggest one‑day gain this week, after the Federal Reserve signaled a “higher‑for‑longer” policy stance and Middle‑East cease‑fire hopes faded. Rising oil prices above $100 a barrel and heightened safe‑haven demand drove the...
The OECD’s interim Economic Outlook warns that the Iran‑Israel war has erased a tentative 0.3‑percentage‑point upgrade to global GDP growth and pushed G20 inflation to 4% in 2026. The outlook flags higher energy prices, supply‑chain strain and heightened downside risks...
Vietnam's Saigon Jewelry Company saw its gold‑bar price rebound 0.59% to VND 171.6 million (≈$6,517) per tael after a morning dip, while gold‑ring prices also edged higher. Globally, spot gold surged 2% to $4,466 per ounce, driven by a softer U.S. dollar...
So weird anyone is surprised by this. Time and time again, gold falls at the peak of a liquidity/financial crisis because people liquidate emergency supplies. Note Turkey. But then usually corrects higher once things stabilise (especially if Cbanks flood the...
A surge in petrol and diesel prices caused by the Strait of Hormuz blockade is creating a tailwind for lithium demand, especially from electric‑vehicle (EV) buyers seeking to avoid record fuel costs. Macquarie’s research now expects the global lithium market...
In this episode, Django Davidson explains the capital cycle framework—a supply‑focused, mean‑reverting approach to investing that emphasizes measurable supply constraints over demand storytelling. He traces its origins to Jeremy Hosking’s experience with the PC boom, outlines how capital misallocation drives...
Alert Warning ‼️🚨 TrafficSA has advised motorists to check the price before just pouring diesel into your vehicle. R33.30 a litre is just insane. 🤯 We need to advise each other about prices at petrol stations so we do not fall victim...
China's TOPCon M10 solar cell prices slipped for a third week, falling 0.36% to $0.0558 per watt as polysilicon and wafer costs eased. N‑type M10 wafer prices dropped 3.92% to $0.147 each, reflecting broader upstream price pressure. Production in January‑February...
Gold’s spot price has slumped 17.5% to $4,456 per ounce, pushing the metal into a technical bear market after peaking at $5,405 in January. The broader miner index (GDX) has underperformed even more, falling 28.9% since the Iran conflict began,...
April 1st is judgment day for your fuel tank. The government just slashed Budi 95 quotas by 33% and put diesel on a leash. Are you ready for the RM1.99 squeeze? TLDR List: 1. RON95 quota slashed. 2. Gig workers protected. 3. Diesel limits enforced. 4....
🇦🇷Argentina on Friday announced it will allow up to 15% ethanol blending in gasoline to combat rising fuel costs. The country's gas prices are up 18% so far in March. https://t.co/yYII0vDBDn
The Philippines' Wholesale Electricity Spot Market (WESM) will be suspended as spot power prices are projected to hit P9 per kilowatt‑hour (about $0.16), more than double February's average of P3.50 ($0.06). The Energy Regulatory Commission (ERC) ordered the shutdown to...
Thanks to Trump and Netanyahu's war on Iran, oil prices, jet fuel, and virtually everything under the sun, are taking a hit. US-ISRAELI WAR ON IRAN IS COSTING EVERYONE IN THE WORLD AN ARM AND A LEG. https://t.co/rjfW2er9UQ
At the invitation of Eurogroup President Kyriakos (@Pierrakakis), today I addressed Finance Ministers from across the euro zone on the major energy market impacts of the war in the Middle East and the immediate options to support energy and economic...
The LPG market in the Philippines is set to see a record price jump, with the industry association warning that per‑kilogram rates could rise by P30 (about $0.55) as early as March 28, followed by an additional P10 ($0.18) on April 1....
We've created a new map, which tracks the estimated cost per mile for buying diesel, depending on where you purchase fuel. https://t.co/JKDNneabWc
“Every $0.10 rise in the price per gallon means over $12bn of additional spending on gasoline versus 2025” - JPM
You know the oil market is in a healthy position when I keep getting questions along the lines of "but what if we just drew every global stock/inventory to zero, how long would that buy us?"
🎙️@DanGreenhaus, Chief Strategist at Solus Alternative Asset Management, joined Dan on the RiskReversal Podcast to discuss oil, geopolitics, and what investors should actually be doing right now. Watch or listen here⤵️ YouTube: https://t.co/4oDI4jZCtw Apple: https://t.co/be7tLqYBWD Spotify: https://t.co/D2BFT1cN2q
The Dollar and Oil are Bid: The dollar and oil remain firm. The market has a had muted reaction to President Trump’s announcement late yesterday that it will extend its pledge not to strike Iran’s energy infrastructure for ten days...
Gm, oil watchers Brent crude back above $110 this morning because—and stop me if you’ve heard this one—the Strait of Hormuz remains shut and the world oil market is losing 15 million barrels every day that remains true https://t.co/jg4V9IlWhv
Aluminum production in the Persian Gulf is going bye-bye. As Iran ramps up strikes on gas fields, pipelines, and power plants, the countries that depend upon cheap natural gas will no longer be able to run their smelters. Full Newsletter: https://t.co/HA7AqLgHqP...
China is cutting LNG purchases as the Middle East conflict boosts prices 🇨🇳🚢 📉 March imports are poised to fall to lowest level in 8 years ⚠️ Instead of LNG, China is turning to domestic/pipeline gas. This will help free up supply...
A Picture Worth a Thousand Words: Saudi Crude Exports from Western Ports Continue to Rise https://t.co/fSDuoL9nVW
