Know What's Happening in Commodities
Know What's Happening in Commodities
OPEC+ agrees to modest oil quota increase amid Middle East war
OPEC+ members agreed in principle to raise oil production quotas for May by roughly 206,000 barrels per day. Saudi Arabia and Russia led the video‑conference decision as the conflict in the Middle East constrains output and shipments. Delegates said the move signals alliance cohesion despite the geopolitical shock.
Also developing:
GrainCorp CEO Robert Spurway told shareholders that global wheat oversupply of 18 million tonnes is driving low prices and tighter margins for grain handlers. Growers are holding back grain, reducing market availability, but the company expects inventories to rebalance eventually, though timing is unclear. GrainCorp highlighted its diversified export strategy, especially into China and alternative markets, to mitigate tariff risks. The firm reported receiving 10.6 Mt of grain in the 2025‑26 harvest, with 2.3 Mt already in‑year.
At the GRDC’s 2026 Perth Update, a pulse panel highlighted the modest share of pulses in Western Australia’s record 27 million‑tonne harvest—just 1 % compared with 4.4 Mt of canola. Researchers and growers argued that improved soil liming, longer‑term rotation planning, and newer...
U.S. refiners want to cut out traders & Chevron from Venezuelan crude purchases. They see the Trump setup as a RIP OFF Barrels now must move thru an elite club of approved middle men. Want to bet there's a grift component flowing to...
China hasn’t stopped buying U.S. LNG It’s just not burning it at home. Long-term contracts still bind the two systems Flexible LNG markets let China arbitrage politics by diverting cargoes to Europe. Does anyone on Team Trump know this? https://t.co/CacMbcaSMk #LNG #China #EnergyMarkets #Geopolitics #TradeWar #NaturalGas
EnergyX has launched one of North America’s largest roll‑to‑roll ion‑exchange membrane production lines at its Austin, Texas facility, delivering up to 500,000 square meters of membranes per year. The new plant enables in‑house manufacturing of the core component for its...
Trump tariffs couldn’t save a major U.S. aluminum smelter Smelting lives or dies on cheap, reliable power AI and data centers now outcompete metalmaking for electricity. Tariffs are the minor leagues. Energy is the big show. https://t.co/z7ZanDwxd5 #Aluminum #EnergyPolicy #Manufacturing #AI #Trade #PowerMarkets
Oil rallied on fear Iran headlines + Israel alerts = instant risk premium in a tight market But geopolitics don't matter. Except they do in small continuous increments that convert to a steady aggregate premium. https://t.co/6vQGj7YEmu #OilMarkets #Geopolitics #Iran #EnergySecurity #crudeoil
The episode analyzes the unexpected surge in global gasoline demand and price spreads in late 2025, attributing it to tight refinery capacity in Asia and the Middle East and seasonal factors. It examines how rising EV adoption, evolving blending mandates,...
Market Update with Landy: The Wednesday Check-In 02/18/2026 $BTC $GOLD $SILVER $OIL $NG $DJI $NDX $SPY Brought to you by @davidgokhshtein @gokhshtein and hosted by @CryptoLandy. https://t.co/wB4GTwTt32
Libya is cutting Russia out of its oil trade Fuel imports are shifting away from Russia toward large Western traders Sanctions didn’t “punish” Libya into changing behavior. They reshaped who gets paid. https://t.co/pmKRlqgEK1 #OilMarkets #Libya #EnergyGeopolitics #Sanctions #OPEC #crudeoil
Live cattle prices slipped modestly on the CME, with April contracts down $0.27 to $242.52 and June contracts down $0.02 to $238.42. Feeder cattle also fell, March contracts losing $0.40 to settle at $370.57. The market is largely waiting for...
Macro: global growth slows; rates remain sticky. Key factors: US CPI, China demand, energy. Risks: policy missteps, inflation shocks. Trade: shorten duration in US Treasuries. — Viktor Kopylov, PhD, CFA More insights: t.me/si14Kopylov
Golden Pass LNG’s gas nominations have settled back to average levels after a brief surge, now hovering around 1.5% of the terminal’s capacity. The project received approval to construct a 1.1‑mile, 42‑inch lateral linking the facility to the Permian Basin,...
Canada and Mexico are drafting a joint action plan on critical minerals, infrastructure and supply chains, slated for release in the second half of 2026. The framework targets non‑geological bottlenecks such as permitting, transport corridors, power supply, processing capacity and...
Ernest Scheyder’s book *The War Below* chronicles the hidden battle over lithium, copper and other critical minerals needed for the global energy transition. The author travels from Nevada to Bolivia, interviewing miners, activists, investors and Indigenous communities to illustrate the...
Metal prices rebounded in February after a volatile January sell‑off, with gold up 14.5% and silver up 18.9% month‑over‑month. All platinum‑group metals rose more than 10%, while lithium hydroxide surged 38.8% and tin climbed 23.6%. The sharp end‑January decline was...
The episode argues that the recent pullback in precious metals is a short‑term correction within a much larger, still‑early secular bull market. The host cites a new report showing that affluent American investors have only modestly participated so far, suggesting...
TC Energy projects North American natural‑gas demand will rise by 45 Bcf/d by 2035, a volume comparable to the entire European market. The surge is attributed to accelerating LNG exports, expanding power‑generation capacity, and heightened reliability requirements for distribution utilities. Midwest...
Anglo Asian Mining announced it will aim to triple copper production in 2026, targeting 20,000‑25,000 tonnes after delivering 7,915 tonnes from its newly‑online Gilar and Demirli mines in 2025. The company expects an all‑in sustaining cost (AISC) of $6,800‑$7,800 per...
Gold is on the move🔥 As tensions in the Middle East rise and Iran escalates, markets are reacting and gold is back in focus When uncertainty rises, gold shines ✨ Big moves could be ahead. The question is… are you positioned? Trade Gold with...
Luxembourg’s Ministry of the Economy has opened a €3 million tender to fund commercial and industrial solar projects between 30 kW and 200 kW. Applications are accepted until April 17 and are split into three lots covering rooftop, façade and car‑port installations. Projects that...
Winter Storm Fern caused U.S. natural‑gas spot prices to surge above $80 per MMBtu, marking one of the highest spikes on record. EQT Corp.’s MVP system operated at full capacity, but the event highlighted the strain on existing pipeline infrastructure....
Global lithium production surged 19.7% in 2025 to 338,300 tonnes and is projected to climb another 15% in 2026, reaching 389,100 tonnes. The acceleration is driven by rapid ramp‑ups in Argentina, China, Australia, Mali and Zimbabwe, each adding new projects...
Gold and silver prices bounced back after a recent sell‑off, with gold futures climbing $121 to $5,026 and silver futures up $4.50 to $78.04, while the Shanghai silver market remains closed for a holiday. The episode notes regional price differences,...
CleanChoice Energy announced the acquisition of two utility‑scale solar projects in North Carolina—Sumac (103.92 MW) and Sweetleaf (118.3 MW)—adding 222.2 MW of capacity and tripling its portfolio. Construction is slated to start early 2027 with grid interconnection to the PJM market expected in...
Antimony Resources Corp. is accelerating development of its Bald Hill project after a serendipitous discovery of the Marcus Zone, a new stibnite‑rich mineralized area. The metal’s price has rocketed from roughly $12,000 to $60,000 per metric ton, driven by defense...
Metals and mining dominated the TSX Venture Exchange’s 2025 top‑performer list, with 48 of the 51 entries coming from the sector. Junior miners posted an average share‑price gain of 443% and a combined market capitalisation of $19.9 billion. Record liquidity supported...
Australian‑founded Eaton Square announced that its Silicon subsidiary will integrate with U.S. capital‑intelligence firm Klear, creating a unified solution for sourcing, financing and managing critical minerals. The combined platform leverages AI to provide end‑to‑end operational and treasury visibility, offering verified...
Glencore reported 2025 earnings of $13.5 billion, driven by strong copper and zinc markets. CEO Gary Nagle praised the South African government as "very supportive" and "great to work with," extending beyond ferrochrome negotiations. The mining giant highlighted that the collaborative...
The Pakistan Mineral Investment Forum (PMIF) will gather industry leaders in Islamabad to spotlight the country’s world‑class copper, gold, and critical mineral deposits, most notably the revived Reko Diq project. While the geology is undisputed, the article argues that mining...
Egypt’s LNG export volumes are increasingly tied to domestic power demand and Israeli pipeline imports, according to Cedigaz analysis. Israel’s offshore gas surplus now flows to Egypt, stabilizing its electricity system but leaving LNG output dependent on residual gas. Fluctuations...
UAE‑based AD Ports Group has entered a 30‑year concession with Africa Ports Development to design, build and operate a new dry‑bulk terminal at Cameroon’s Port of Douala. The partnership gives AD Ports an effective 51% economic stake and commits roughly...
The episode examines the sharp decline in Russian oil and gas drilling in the second half of 2025, with total meters drilled falling 3.4% year‑over‑year and the share of horizontal wells dropping from 67.8% to 59.3%. It links the slowdown...
Electric‑vehicle sales have surged nearly 700% this decade, driving a rapid rise in spodumene shipments from Australia to China and doubling bulk volumes since 2023. Panamax vessels now carry almost half of the 7 million tonnes of dry bulk moved last...
Glencore has secured a land‑access agreement with Gecamines that extends the Kamoto Copper Company’s mine life into the mid‑2040s and unlocks additional ore zones, enabling the asset to target 300,000 tonnes of copper annually. The deal is a cornerstone of...
DHT Holdings has secured a one‑year charter for its 2012‑built VLCC DHT Opal at $90,000 per day, starting this month. The rate underscores how tight the market has become for the world’s largest crude carriers, with Gulf‑China spot earnings now...
A four‑year study in Victoria, Australia examined overhead solar panels in a blush‑pear orchard. The agrivoltaic systems cut sunburn and hail damage and boosted energy output, especially with a 5° west tilt that produced about 10% more electricity. However, shading...
U.S. SOLAR GENERATION increased to a record 304 billion kilowatt-hours (kWh) or 304 terawatt-hours (TWh) in 2024. Solar generation had increased ten-fold over the previous ten years from 29 billion kWh in 2014. Data prepared by the U.S. Energy Information...
A) Many studies have examined whether tariffs have been passed through to consumer prices, and they've found significant retail price increases B) Tariff burdens absorbed by US companies are an inefficient corporate tax, paid by Americans via lower wages or share...
The episode examines Europe’s modern sovereignty as an industrial and supply‑chain challenge, focusing on semiconductors, rare‑earth minerals, and energy infrastructure. Guests highlight Europe’s heavy reliance on imports, a thin venture‑capital ecosystem, and the need for coordinated capital to close the...
"U.S. import tariffs haven't been enough to stop the United States losing another aluminium smelter, leaving the country with just five primary metal production plants." 😲 https://t.co/T5U4nxglb0 https://t.co/EOQY3OwzE6
IEA executive director Fatih Birol proposes focusing the agency's work in three areas during the next few years: 1) energy security -- "first and foremost" mission 2) new energy uptake (wind, solar, geothermal, nuclear) 3) afordability of energy "IEA 3.0" may well be...
Bumi Resources Minerals (BRM) confirmed that the government‑ordered closure of a contested gold mine in its Palu concession will not disrupt its core operations because the site was never active. The enforcement action targeted an area where illegal miners had...
While the Magnificent Seven tech stocks have SUFFERED in 2026, GOLD IS UP over 13%. It's time to turn away from SILLY VALLEY. BUY GOLD, WEAR DIAMONDS. https://t.co/PZTIJFhPOp
The Great Rotation: From Growth to Asset Rich Value My job is timing sector rotation & picking the best stocks long/short within it. That & sizing up macro event risk & market structure support. That's how I could time the...
In this episode Florian Grummes reviews the gold market’s sideways action around the $100 per ounce level as Asian markets, especially China, celebrate the New Year. He highlights the volatility within the range, noting that while price swings are frequent,...
"Chevron in 2019 ran 21 rigs and five frack crews in the Permian. This year it anticipates it will need only six rigs and two frack crews to produce about 67% more oil-and-gas in the region than seven years ago."...
Rig counts are a weak, context-dependent signal of future production @chigrl Fewer rigs in Russia don’t mean much after a decade of fracking conventional fields. Apply the same logic to the US and you’d wrongly conclude sanctions killed output here. #OilMarkets...
Fidelity Gold Refinery published its official gold buying rates for 18 February 2026. Prices are quoted in US dollars per gram and per troy ounce, ranging from $148.79/gram ($4,627.89/oz) for 90%+ purity to $141.70/gram ($4,407.37/oz) for 5‑10 g samples. The fire‑assay cash price...
Vietnam has introduced fines of up to $12,000 to deter illicit gold trading, marking a decisive shift after ending a 13‑year state monopoly on gold production and sales. The new penalties target black‑market dealers and unlicensed jewelers, aiming to bring...
