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Commodities

  • October 14 2025
    Oil
    Oil tumbles to five-month low on report of ‘large surplus’
    Brent falls as much as 3% on IEA report of recent build-up in shipments
    updated
    Oilfield workers wearing hard hats and safety gear operate a service rig during a well plugging operation in Midland, Texas.
  • October 14 2025
    Energy Source
    Foreign buyers flock to US shale gas
    The Trump administration has lifted a moratorium on new LNG projects and approved licences for new export terminals
    Premium content
    Tug boats approach a large LNG tanker at the Cheniere Sabine Pass facility, with workers visible on a vessel in the foreground.
  • October 14 2025
    Precious metals
    Silver price hits record amid scramble in London market
    Metal has staged a bigger rally than gold this year
  • October 14 2025
    Citadel’s new German power gambit
    Commodities are so hot right now
  • October 14 2025
    UnhedgedMarkets
    The real risks from China’s rare earths curbs
    Plus, much ado about Mullen
    Premium content
    A silhouette of a man holding an umbrella against a blue and red gradient sky, gesturing with one hand.
  • October 14 2025
    The Big Read
    Gold mania spreads around the world
    Professional and retail investors are swarming to buy the precious metal, raising the risk of a bubble
    Picture of a gold bar and a line chart showing the metal’s rise
  • October 14 2025
    Rare earths
    Western companies warn of China rare-earth supply chain chaos
    Executives predict Beijing’s tighter controls will lead to production delays and higher prices
    Two labourers fill a sack with yellow earth at a rare earth metals mine, with piles of filled sacks in the background.
  • October 13 2025
    Equities
    US stocks rebound after Trump takes softer tone on China
    President adopts more conciliatory approach after threatening Beijing with 100% tariffs
    A montage showing the Shanghai skyline in black and white with red bars above
  • October 13 2025
    JPMorgan Chase & Co
    JPMorgan backs ‘America First’ push with up to $10bn investment
    Chief executive Jamie Dimon says US too dependent on ‘unreliable’ sources of materials ‘essential’ to national security
    Jamie Dimon gestures while speaking at an event, seated and wearing a suit
  • October 13 2025
    Bill Browder
    To stop Putin’s war, punish refineries processing Russian oil
    Western sanctions will not be effective until the loophole for facilities in India, Turkey and China is closed
    Large fireball and explosion engulf part of an oil refinery complex, with flames and smoke rising near industrial structures and a striped smokestack.
  • October 13 2025
    Mining
    Mining billionaire warns over ‘breakdown in international order’
    Ivanhoe founder Robert Friedland says trade and political disputes will have far-reaching consequences for supply chains
    A miner wearing a helmet and gloves stands smiling in an underground tunnel at the Kamoa-Kakula copper mine, with heavy machinery operating in the background.
  • October 13 2025
    Industrial metals
    Flagship green steel start-up in funding crisis as Europe’s low-carbon ambitions falter
    Stegra, formerly known as H2 Green Steel, struggles to plug gap of up to €1.5bn
  • October 13 2025
    Visual story
    How mega batteries are unlocking an energy revolution
    Vast battery units are shoring up grids and extending the use of clean power
    Global map showing 250 upcoming large-scale battery storage projects, with photos of grid-scale battery facilities around the world
  • October 12 2025
    News in-depthIndustrial metals
    Pentagon steps up stockpiling of critical minerals with $1bn buying spree
    Trump administration challenges Chinese dominance of supply chain for metals essential to defence industry
    Montage showing an F-35 jet, various critical minerals and a radar
  • October 10 2025
    Markets
    US stocks close sharply lower after Trump threatens new China tariffs
    Biggest one-day drop in S&P 500 since April brings weeks long rally to a halt
    A trader on the New York Stock Exchange floor sits at his desk with his hand covering his face, appearing stressed or deep in thought.
  • October 10 2025
    Venture Global
    Venture Global shares fall nearly 25 per cent after LNG arbitration loss
    US exporter was accused of breaching contracts to profit from higher prices after Russia invaded Ukraine
    Several construction cranes surround a large, dome-roofed structure at the Venture Global LNG plant next to the Mississippi River.
  • October 10 2025
    Teck Resources
    Teck Resources in talks to supply key defence minerals to Canada and US
    CEO Jonathan Price tells FT summit he took personal responsibility for copper output downgrade
    Bags of antimony
  • October 10 2025
    War in Ukraine
    Russia strikes disable 60% of Ukraine’s gas production ahead of winter
    Moscow’s intensified drone and missile campaign seeks ‘to break our spirit’, says head of state energy group
    Trucks and surrounding structures engulfed in flames and thick smoke at night following a drone attack in the Odesa region.
  • October 10 2025
    Markets InsightWillem Buiter
    Gold bubble should prompt central banks to sell the metal
    The world is a thoughtless prisoner of history when it treats bullion as a desirable store of value
  • October 10 2025
    Oil & Gas industry
    Vitol caught in crossfire as UAE blocks Sudan oil shipments
    Halt in flow of South Sudan crude exports to Fujairah disrupts supplies to one of the world’s busiest marine fuel hubs
    Aerial view of the Port of Fujairah showing docks, industrial infrastructure, and ships in the Strait of Hormuz.
  • October 10 2025
    The Big Read
    Japan buckles under matcha mania
    Booming demand is straining a supply chain that prioritises quality and cannot expand quickly enough
    Jiro Katahira, a Shizuoka-based tea farmer
  • October 10 2025
    Special ReportThe electrification of everything
    Are data centres a setback for the green energy transition?
    Many operators have pledged to power their facilities with renewable energy but this will take time
    Aerial view of Amazon Web Services and Iron Mountain data centres with large buildings, trucks, and electrical infrastructure.
  • October 10 2025
    LexAgricultural commodities
    Why raising cattle is still a great cash cow
    Drought-ravaged US grasslands have led to smaller herds and rising demand for tariff-affected imports
    Premium content
    Several cattle tied to a metal rail with colourful ropes at a livestock market, with people standing nearby.
  • October 10 2025
    Rare earths
    China unveils sweeping rare-earth export controls to protect ‘national security’
    Rules come ahead of expected meeting this month between Donald Trump and Xi Jinping
    A Chinese flag is positioned in front of a periodic table highlighting gallium and germanium with metal samples
  • October 9 2025
    Oil & Gas industry
    US permits Trinidad and Tobago to negotiate gas deal with Venezuela
    Authorisation allows Shell-led project to continue after years of sanction-related disruption
    Shell logo in red and yellow displayed on a sign at a gas station against a blue sky.
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  1. 1
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    Western companies warn of China rare-earth supply chain chaos
  3. 3
    Silver price hits record amid scramble in London market
  4. 4
    US stocks rebound after Trump takes softer tone on China
  5. 5
    Gold mania spreads around the world

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