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US Natgas Prices Rise from 10-Week Low
U.S. natural gas futures experienced a significant uptick, climbing over 4% to reach $3.50 per MMBtu, bouncing back from a recent 10-week low of $3.35 observed on January 6. This...
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Baltic Dry Index Down for 3rd Day
The Baltic Exchange's dry bulk index, an indicator for the pricing of vessel rates in the dry commodities sector, experienced a decline for the third consecutive session on Wednesday...
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Cocoa Market Consolidates Ahead of BCOM Inclusion
Cocoa futures have steadied around $6,000 per tonne in anticipation of their inclusion in the Bloomberg Commodity Index (BCOM) on January 8. This development is a significant driver of recent...
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US 10-Year Yield Trim Pullback
The yield on the 10-year US Treasury note stood at 4.15% on Wednesday, moderating its earlier pullback to remain close to its four-month high. This stability arises amidst conflicting indicators...
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Heating Oil Drops to 7-Month Low
U.S. heating oil futures have declined to approximately $2.06 per gallon, reaching their lowest level in seven months. This downturn is attributed to unexpectedly large inventory increases and forecasts...
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US Crude Oil Stocks Unexpectedly Fall: EIA
During the week ending January 2, 2026, U.S. crude oil inventories decreased by 3.831 million barrels, bringing the total to 419.1 million barrels, contrary to market analysts' projection...
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Gold Slides on Profit-Taking as Focus Shifts to US Data
Gold prices receded to around $4,440 per ounce on Wednesday as investors capitalized on recent gains and redirected their attention from geopolitical tensions to upcoming US economic data. After President...
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US Stocks Maintain Mixed Momentum
On Wednesday, U.S. stock performance presented a mixed picture as the anticipation of lowered interest rates by the Federal Reserve contended with economic data presenting differing signals. The S&P...
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U.S. EIA Weekly Refinery Utilization Rates Hit a Standstill at 0.0%
The United States Energy Information Administration (EIA) has reported that the weekly refinery utilization rates have experienced a standstill, with the current week's figure resting at 0.0%. This update, reflecting...
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US Heating Oil Stockpiles Surge in Early 2026, Reaching 0.672 Million Barrels
In a significant update from the energy sector, the United States has reported a marked increase in heating oil stockpiles early in 2026. As of January 7th, the stockpiles reached...