COMMODITIES

Copper Floods Into US Before Trump Tariff Decision

Copper is being pulled into the US at record speed Copper is pouring into the United States as traders wait for a decision on possible tariffs on refined copper imports. About 200,000 metric tons of copper arrived in the US

Exxon and Chevron Profits Surge as Oil Shock Lifts Majors

Oil majors just showed what higher crude can do ExxonMobil and Chevron reported sharply higher second-quarter profits as the Iran war pushed oil prices higher and tightened global energy markets. Chevron’s net income rose to $12 billion, up nearly 400%

Copper Jumps as Tight Supply Lifts Mining Stocks

Copper is trading like a market with little slack Copper climbed Thursday as tightening physical supply and relief from the Federal Reserve’s decision to hold interest rates steady outweighed disappointment over China’s lack of fresh stimulus. The most active Comex

Oil Jumps 7% as US-Iran Fighting Escalates Again

Oil snapped back as war risk returned Oil prices jumped Wednesday after the US president said Washington would hit Iran hard in response to an attempted attack on American forces in the Middle East. Brent crude rose 7.2% to $90.12

Aluminum Shrugs Off Gulf Supply Shock as Asia Fills Gap

Aluminum is trading as if the Gulf shock can be managed Aluminum has been hit by one of the largest supply disruptions in years, but the benchmark price is no longer acting like it. London Metal Exchange three-month aluminum surged

Japan Finds Heavy Rare Earths in Pacific Seabed Mud

Japan’s seabed rare earth push is becoming more serious Japan has taken another step toward building a domestic rare earths supply chain after government-backed testing found that medium and heavy rare earth elements made up about 54% of the rare

Gold Falls as Oil Nears $100 and Rate Bets Harden

Gold’s safe-haven bid ran into the rate trade Gold and silver fell sharply Thursday as a new escalation in the Middle East pushed oil prices toward $100 a barrel and strengthened expectations that the Federal Reserve may resume raising interest

ERI and Cyclic Build US Rare Earth Recycling Network

E-waste is becoming a rare earth supply opportunity ERI and Cyclic Materials are partnering to build what they describe as one of the largest rare earth recovery ecosystems in the United States. The agreement brings together ERI’s nationwide electronics recycling

Oil Slips as Iran Talks Raise Hopes of De-Escalation

Diplomacy cooled the oil trade, but did not erase the risk Oil prices turned lower Monday after Iran signaled that negotiations with the US could still be pursued if they aligned with Tehran’s national interests. The comment gave crude traders

Copper Faces Acid Squeeze as IEA Flags Supply Risks

Copper’s bull case is still intact, but the path looks messier Copper’s long-term story remains one of the strongest in the commodities market, but the near-term supply picture has become more complicated. The International Energy Agency warned in its Global

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