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Commodities

  • Friday, 22 May, 2026
    Shipping
    Shipping exchange argues Strait of Hormuz is not closed in lawsuit defence

    Mercuria has launched ‘explosive’ lawsuit against Baltic Exchange over rates set for tanker routes disrupted by Iran war

    A person walks past the entrance of The Baltic Exchange building in London, glancing at their phone.
  • Friday, 22 May, 2026
    Global Economy
    France says countries wary of tapping more oil reserves

    G7 finance ministers did not discuss second emergency release to calm energy crisis, says Roland Lescure

  • Friday, 22 May, 2026
    Oil & Gas industry
    Lex. The fragile maths of Uncle Sam’s energy self-sufficiency 

    US may produce more oil than it consumes but banning exports would be extremely complicated

    Premium content
    A close-up of a hand holding a yellow petrol pump nozzle with a drop of petrol falling from the tip.
  • Thursday, 21 May, 2026
    Cost of living crisis
    Closing tax loophole for oil groups will fund cost of living package, says Reeves

    Chancellor sets out sweeping package of measures aimed at helping businesses and families

    Rachel Reeves speaking at a bench in the House of Commons, with colleagues seated behind her.
  • Thursday, 21 May, 2026
    Cryptocurrencies
    Crypto platforms rush to launch derivatives linked to SpaceX

    Binance among exchanges to offer so-called perpetual futures to speculate on price of rocket company’s upcoming IPO

    The SpaceX Falcon 9 rocket launches from Kennedy Space Center, with smoke and flames visible, reflected in the water below.
  • Thursday, 21 May, 2026
    Energy Source
    Is gas making a comeback on the US power grid?

    Surging energy demand causes grid operators to prioritise fossil fuels

    Premium content
    Lamar gas-fired power plant with illuminated towers and industrial structures at dusk, viewed through silhouetted trees.
  • Thursday, 21 May, 2026
    Life & Arts
    FT Magazine. How not to manage a global oil crisis

    Despite urgent warnings, governments have failed to take the current energy shock seriously enough

    Simon Kuper
    Illustration of a red pipeline leaking black liquid onto the ground in a desert landscape.
  • Thursday, 21 May, 2026
    Agricultural commodities
    Protein boom drives ‘gravity-defying’ rally in whey prices

    Byproduct of cheese industry has become a valuable commodity

    A factory worker in protective gear stirs a large vat of curds and whey as liquid pours in through a pipe at the Groupe Lactalis dairy factory.
  • Thursday, 21 May, 2026
    Renminbi
    Iran war opens ‘golden window’ for China’s renminbi

    Analysts say use of Chinese currency in global oil trade is on the rise

    Close-up of several rolled Chinese 100 yuan banknotes, showing repeated portraits of Mao Zedong.
  • Wednesday, 20 May, 2026
    Shipping
    Oil drops nearly 6% as two China-bound supertankers cross Strait of Hormuz

    Brent crude falls to about $105 a barrel as Asia-bound vessels raise hopes of resumption of energy flows

    People stand along the coast with two large cargo ships waiting offshore in the Gulf near Bandar Abbas, Iran.
  • Wednesday, 20 May, 2026
    Energy crisis
    Protests spread in Africa as fuel crisis deepens

    Sharp rises in diesel and petrol prices spark violent clashes in Kenya and Comoros and strikes in Mozambique

    A protester pushes a metal pole into a burning barricade of tires on a road during a nationwide transport strike in Nairobi
  • Wednesday, 20 May, 2026
    Oil & Gas industry
    UK eases sanctions on Russian oil refined into jet fuel and diesel

    Government aims to alleviate supply problems caused by Iran war and echoes similar measures in US

    The Russian oil tanker Anatoly Kolodkin emits black smoke as it approaches the port of Matanzas, seen from the sea.
  • Wednesday, 20 May, 2026
    Oil
    The oil shock is coming for America

    Tools that worked to lower prices in the last crisis have already been spent

    Amos Hochstein
    A pickup truck parked at gas pumps under an Irving gas station canopy, with a person walking past and a white building in the background.
  • Wednesday, 20 May, 2026
    Indonesian politics
    Commodities powerhouse Indonesia to tighten export controls

    Jakarta to set up state-owned enterprise that would be sole exporter of palm oil, thermal coal and nickel

    Prabowo Subianto presses his hands together in greeting before delivering an address at Indonesia’s House of Representatives plenary session.
  • Wednesday, 20 May, 2026
    Global Economy
    Alphaville. Indonesia is at a perpendicular intersection of two different roads

    Is this the worst ageing fuel subsidy in the world?

  • Wednesday, 20 May, 2026
    Middle East war
    The energy crisis may just be starting

    Oil futures markets are sanguine, but history shows expectations have often been disappointed

    Martin Wolf
    An illustration showing four old-fashioned petrol pumps carrying an empty oil drum like a coffin, set against a desert landscape.
  • Tuesday, 19 May, 2026
    Russian politics
    Putin and Xi to discuss huge gas project at China summit

    Talks on Power of Siberia 2 pipeline come just days after Donald Trump’s visit to Beijing

    Vladimir Putin walks alongside Wang Yi on a red carpet, flanked by uniformed honour guards and officials at night.
  • Tuesday, 19 May, 2026
    Energy Source
    Solar’s day in the sun is rapidly approaching

    Plus, why Citadel is rapidly expanding its LNG operations

    Premium content
    A worker in a light shirt installs a solar panel among other panels on a metal roof, viewed from above.
  • Tuesday, 19 May, 2026
    Middle East war
    Iran stockpiles oil on ageing tankers anchored in the Gulf

    Tehran turns to floating storage to keep country’s production going

    A satellite image shows numerous oil storage tanks, industrial buildings, and docks at the Kharg Island oil terminal in Iran.
  • Tuesday, 19 May, 2026
    Tianqi Lithium
    Why this Chinese company says the world needs more lithium

    Tianqi says demand forecasts underestimate rapid rise of battery-powered industrial equipment

    A large industrial facility with tall metal structures and conveyor belts, surrounded by green lawns and multiple buildings under a blue sky.
  • Monday, 18 May, 2026
    Oil & Gas industry
    US eases Russian oil sanctions in bid to contain Iran price surge

    Renewal of 30-day licence comes as high fuel costs hit American consumers

    The Russian oil tanker Anatoly Kolodkin emits black smoke as it approaches the port of Matanzas, Cuba.
  • Monday, 18 May, 2026
    Oil & Gas industry
    European oil refiners and airlines have ‘almost zero’ jet fuel shortage concerns

    Refiners maximise production and increase imports from US and Africa to offset loss of Middle Eastern supplies

    A Skytanking employee in safety gear connects a fuel hose to an aircraft wing at Berlin Brandenburg Airport.
  • Monday, 18 May, 2026
    Aerospace & Defence
    Defence groups clamour to delay US ban on Chinese rare earth magnets

    Military contractors want more time to comply with prohibition years in the making and now just months away

    A US Air Force F-35 Lightning II jet flies overhead, leaving vapor trails against a blue sky, with blurred trees below.
  • Monday, 18 May, 2026
    US inflation
    Iran war hits Americans with $40bn fuel bill

    Extra spending on petrol and diesel exceeds cost of repairing country’s bridges or rebooting air traffic control

    Gas prices at a Shell station display $6.39, $6.59, and $6.79 per gallon in bright red digital numbers.
  • Monday, 18 May, 2026
    Chemicals
    Jim Ratcliffe’s Ineos makes €200mn bet on chemical sector peers

    Group invests in basket of company equities and tells bondholders the sector is ‘undervalued’

    Jim Ratcliffe seated at a table with his hands resting in front of him, wearing a dark suit and patterned tie.
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Most Read

  1. The energy crisis may just be starting
    Martin Wolf
  2. Closing tax loophole for oil groups will fund cost of living package, says Reeves
  3. Oil drops nearly 6% as two China-bound supertankers cross Strait of Hormuz
  4. Protein boom drives ‘gravity-defying’ rally in whey prices
  5. Shipping exchange argues Strait of Hormuz is not closed in lawsuit defence

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