Section
The latest commodities coverage from the TrustFinance editorial desk.
The derivatives marketplace is exploring the launch of perpetual futures for copper, aiming to provide a new trading vehicle for the metal as the AI boom fuels demand. The move follows a recent push by Kalshi to expand its non-expiring contracts into precious metals.
U.S. energy regulators are considering significant changes to the governance of PJM Interconnection, the nation's largest power grid, focusing on board independence and transparency to address soaring electricity demand and prevent potential blackouts.
Wheat futures showed a mixed performance on Thursday, as the bullish impact of escalating attacks on Black Sea grain infrastructure was counteracted by profit-taking and a strong U.S. crop forecast.
Shares of major U.S. oil and gas companies climbed Thursday after attacks on Saudi oil tankers in the Red Sea region pushed the global benchmark Brent crude above $100 per barrel for the first time since May.
Wheat futures reached their highest price since May 2024 after attacks in the Black Sea region prompted a halt in vessel arrivals at Ukrainian ports, fueling global supply concerns.
Former President Donald Trump stated that a recently announced civil nuclear agreement with Saudi Arabia is entirely dependent on the kingdom normalizing relations with Israel. The condition, which introduces a major diplomatic hurdle, was announced via a post on his Truth Social platform.
India's crude oil processing increased to 5.44 million barrels per day in June, a 1% rise from May, even as the nation's crude imports fell by over 12% amid rising geopolitical tensions in the Middle East.
Investor concerns over massive AI-related spending at Alphabet and Tesla are weighing on tech stocks, while escalating conflicts in the Middle East push Brent crude oil prices toward $98 a barrel.
Benchmark Dutch and UK natural gas futures rose Thursday as ongoing attacks on shipping in the Middle East continue to delay liquefied natural gas (LNG) cargoes, tightening supply during a critical storage injection period.
