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Oil prices surge amid Middle East conflict, WTI climbs above $110.00 to 54-month highs
West Texas Intermediate (WTI) crude Oil price opened at a gap up, extending its winning streak for the fifth successive session, and is trading around $110.60 per barrel during the Asian hours on Monday.
Brent
WTI
Fxstreet
Mon, Mar 9
Silver Price Forecast: XAG/USD seems vulnerable; bears await acceptance below $80.00
Silver (XAG/USD) attracts heavy selling at the start of a new week and drops to a four-day trough during the Asian session. The white metal currently trades around mid-$80.00s, down 4% for the day, and seems vulnerable to slide further.
Silver
Fxstreet
Mon, Mar 9
Oil Spikes 20% Past $100: Mideast Cuts Drive Prices to Post-War High
Escalating U.S.-Iran tensions and a wave of crude oil production cuts in the Middle East have driven international oil prices to a four-year high.
WTI
TradingKey
Mon, Mar 9
Gold Prices Slump Nearly 3% in a Single Day. $5,000 Mark Teeters
Gold prices plunged and are at risk of breaking below the key $5,000 support level.
WTI
Gold
TradingKey
Mon, Mar 9
Gold slumps to near $5,050 on oil-driven inflation fears, stronger US Dollar
Gold price (XAU/USD) falls to around $5,065 during the early Asian session on Monday, pressured by a stronger US Dollar (USD) and inflationary risks. Traders will closely monitor the developments surrounding the US-Iran conflicts and geopolitical risks in the Middle East.
Gold
Fxstreet
Sun, Mar 8
Iran names Khamenei’s son as next supreme leader
Mojtaba Khamenei was named as Iran’s new supreme leader just over a week after his father, Ayatollah Ali Khamenei, was killed in US-Israeli strikes, CNBC reported on Sunday.
Brent
WTI
Fxstreet
Sun, Mar 8
Breaking: WTI jumps above $100.50 as Middle East war disrupts fuel supplies
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $103.85 during the early Asian trading hours on Monday.
Brent
WTI
Fxstreet
Sun, Mar 8
Crude Oil explodes higher as Strait of Hormuz crisis deepens
WTI crude oil surged about 11% on Thursday, breaching above $87.00, its highest level since October 2023, in a session dominated by a single massive bullish candle that dwarfed every session of the past three months.
Brent
WTI
Fxstreet
Fri, Mar 6
United States Baker Hughes US Oil Rig Count climbed from previous 407 to 411
United States Baker Hughes US Oil Rig Count climbed from previous 407 to 411
Brent
Fxstreet
Fri, Mar 6
Gold price surges after weak US payrolls shake US Dollar
Gold price (XAU/USD) rallies on Friday during the North American session, boosted by a weaker-than-expected US jobs report and a risk-off market mood amid the Middle East conflict. At the time of writing, XAU/USD trades near $5,140, up more than 1%.
Gold
Fxstreet
Fri, Mar 6
Aluminium: Conflict risk lifts prices above $4,000/t – ING
ING’s Commodities Strategist Ewa Manthey highlights that escalating conflict in the Middle East adds significant upside risk to Aluminium in an already tightening market.
Fxstreet
Fri, Mar 6
Breaking: Oil prices surge as Middle East chaos widens, WTI climbs above $85
Crude oil prices continue to surge on Friday as the crisis in the Middle East deepens.
Brent
WTI
Fxstreet
Fri, Mar 6
Oil: Supply risks and policy responses – Commerzbank
Commerzbank commodity analysts Barbara Lambrecht and Carsten Fritsch highlight that the war in Iran and disruptions in the Strait of Hormuz are tightening the Oil market, widening Brent–WTI spreads and time spreads.
Brent
Fxstreet
Fri, Mar 6
Gold slips despite escalating US-Iran conflict as Dollar strengthens
Gold (XAU/USD) edges lower on Friday, trimming earlier gains as a broadly stronger US Dollar (USD) and rising US Treasury yields continue to weigh on the non-yielding metal.
Gold
Fxstreet
Fri, Mar 6
Gold: Safe haven role reassessed on rate repricing – BNY
BNY’s Head of Markets Macro Strategy Bob Savage reports that Gold is set for its first weekly loss in five weeks as rate expectations shift toward hikes in Europe and fewer cuts from the FOMC. A stronger Dollar and use of Gold as a liquidity source weigh on prices.
Gold
Fxstreet
Fri, Mar 6
Silver Price Forecast: XAG/USD trades broadly flat around $82.80 as investors await US NFP
Silver price (XAG/USD) trades broadly sideways around $82.80 during the European trading session on Friday. The white metal consolidates as investors await the United States (US) Nonfarm Payrolls (NFP) data for February, which will be published at 13:30 GMT.
Silver
Fxstreet
Fri, Mar 6
Copper: Inventory surge weighs on prices – ING
ING strategists Warren Patterson and Ewa Manthey report that Copper prices have softened as LME inventories jump to a 16‑month high, suggesting supply is outpacing demand.
Copper
Fxstreet
Fri, Mar 6
WTI rallies as Qatar’s Kaabi expects oil price to surge to $150/barrel amid Iran conflicts
West Texas Intermediate (WTI), futures on NYMEX, surges to near $82.80 during the European trading session on Friday, the highest level seen since July 2024.
Brent
WTI
Fxstreet
Fri, Mar 6
Qatar’s Kaabi: Oil prices could surge to $150 a barrel - FT
Qatar’s Energy Minister Saad al-Kaabi said in an interview with the Financial Times (FT) published on Friday that all Gulf energy producers to shut down exports within weeks amid the ongoing war in the Middle East, which involves the United States (US), Israel, and Iran.
Brent
Fxstreet
Fri, Mar 6
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $84.20 per troy ounce, up 2.65% from the $82.02 it cost on Thursday.
Silver
Fxstreet
Fri, Mar 6
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