COMMODITIES

Jeffrey Baird identifies four factors that could shape oil prices near $100 a barrel, from dwindling US reserves and Chinese demand to supply flexibility and a possible rebound in consumption.

US oil prices rose 1.3% despite Trump claiming control over the Strait of Hormuz amid escalating tensions with Iran and diverging data from ship-tracking service providers.

US crude oil inventories have dropped to a 50-year low due to Middle East conflicts, with the Strategic Petroleum Reserve declining by over 100 million barrels of oil from a year earlier.

Oil prices rose sharply this week as Iran does not plan to negotiate with US President Donald Trump until he remains in office, which is until 20 January 2029.

Iran has suspended indirect talks with the US and threatened to close the Strait of Hormuz, causing a significant spike in global oil prices.

Gold and silver prices have surged due to central bank purchases, geopolitical tensions, and AI-driven demand, with experts predicting continued growth in the precious metals market.

US grocery prices jumped 0.7% in April, the steepest monthly rise since August 2022, with tomatoes up 39% and seafood 6.2% higher year-on-year.

Oil prices have surged due to US-Iran tensions and the UAE's exit from OPEC, impacting global markets. Analysts predict prolonged volatility as geopolitical factors continue to influence oil flows.

The UAE's decision to leave OPEC by May 2026 signals a major shift in global oil markets, influenced by geopolitical tensions and strategic national interests.

Volatile oil prices are driving shifts in equities, currencies, and bonds, highlighting how energy markets shape global financial conditions.

Treasury Secretary Scott Bessent says $3 gas could arrive between June and September, warning the Trump administration plans to monitor gas stations. Stay updated on energy costs and petrol prices.

A surprise ceasefire between the US and Iran has led to a sharp drop in oil prices and a rally in global stock markets, easing fears of prolonged disruption.

Trump's ceasefire with Iran influences global oil prices and market stability amid Strait of Hormuz tensions. Discover how this development could affect oil supply and financial markets.

The global fuel crisis worsens as the Strait of Hormuz remains closed, causing oil prices to surge. Analysts warn of possible $200 per barrel prices, affecting global markets and consumer costs.

President Trump warns that any attempt by Iran to halt oil shipments through the strategic Strait of Hormuz will trigger a US retaliation '20 times harder,' raising global concerns over oil markets and energy security.

How the recent surge in oil prices above $100 a barrel impacts your petrol costs, grocery bills, and household budget in the US, UK, and globally. Learn about the economic ripple effects and market reactions.

Oil prices have surged past $100 per barrel, raising questions about a potential rise to $200. Explore the factors driving this volatility and its impact on global markets.

Escalating tensions in the Middle East have led to a surge in jet fuel prices, potentially increasing airfares globally. Airlines warn of rising costs as the conflict in Iran affects fuel markets.

Global energy markets are on edge as US-Iran tensions rise, potentially causing a $10-$20 surge in oil prices.

Declining demand, increased oil production from key oil-producing nations, and geopolitical factors contributed to the downward trend in UK petrol prices.

Global LNG industry to face challenges in the medium-to-long term says IEEFA, predicting that there will be "sustained high global LNG prices and declines in gas consumption in Europe".

While the average Indian consumes around 19kg of sugar a year, this is still well below the global average of 23 kg.

The 16-year-old makes use of the drop shipping method to sell his products which makes his operation a cost-free business model

Valuers at Hansons' auction house identified the object dating back to the time of Chinese Emperor Qianlong

The collection got a lot of offers from interested parties mostly from New York and Asia.

The lamb is a particular breed from Texal, Netherlands and is known for its lean meat and perfect figure.

Over 600 people have fallen ill with salmonella infection from contaminated shipment of red, yellow and white onions

Mattel's new Barbie 2020 Election series 4-piece doll set is now available online for £31

China and Turkey are standing-up to U.S. demands they stop importing Iranian oil.