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Commodities

The Oceania Times > Commodities
  • June 13, 2026
  • Noah
  • Commodities

When will energy prices go down – and can I get a discount on my bill?

The Ofgem price cap is set to rise this summer as on July 1, 33 million people on standard variable energy tariffs are going to see their energy bills...
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  • June 13, 2026
  • Noah
  • Commodities

Dow rallies, GBP/USD recovers while US natural gas futures prices slip

Macro update Asia-Pacific index Asian equities rally on growing ceasefire optimism: Japan’s Nikkei advanced 3.6%, South Korea’s KOSPI surged 7.8%, and MSCI’s Asia-Pacific index excluding Japan gained 3.7% as...
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  • June 13, 2026
  • Noah
  • Commodities

US crude oil futures settle at $84.88 as 3% drop sends ripples through risk markets

West Texas Intermediate crude oil futures closed at $84.88 per barrel on June 12, marking a drop of $2.83, or 3.23%, in a single session. The trading range for...
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  • June 13, 2026
  • Noah
  • Commodities

Gold pauses recovery as traders await clarity on US-Iran peace deal

Gold (XAU/USD) consolidates on Friday as traders await further developments on a potential US-Iran peace deal. At the time of writing, XAU/USD is trading around $4,200 after climbing to...
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  • June 12, 2026
  • Noah
  • Commodities

The Oil Market Could Be Weeks From a Breaking Point

Three and a half months after the blocked Strait of Hormuz created the worst oil supply disruption in history, oil prices remain below $100 per barrel amid hopes of...
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  • June 12, 2026
  • Noah
  • Commodities

Oil prices plummet as Trump claims he is close to US-Iran deal | Oil

Global oil prices fell on Friday to lows not seen since the first week of the Iran crisis after Donald Trump claimed he was close to reaching a peace...
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  • June 12, 2026
  • Noah
  • Commodities

Oil Prices Slide as Traders Bet on Diplomacy

July WTI crude oil futures traded sharply lower through Thursday as traders removed much of the geopolitical premium tied to tensions between the United States and Iran. Through June...
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  • June 12, 2026
  • Noah
  • Commodities

Schneider Electric and Torngat Metals Partner to Build a Strategic Critical Minerals Value Chain

This press release is provided by Business Wire and is published as received. MILTON, Ontario–(BUSINESS WIRE)– Schneider Electric and Torngat Metals today announced the signature of a non-binding Memorandum...
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  • June 12, 2026
  • Noah
  • Commodities

Energy price rises hit low-income homes harder, says ESRI

Recent energy price rises hit low-income households disproportionately with Government supports only offsetting part of the impact, a new report from the Economic and Social Research Institute has found....
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  • June 12, 2026
  • Noah
  • Commodities

Explained – How falling crude oil prices can benefit commercial vehicle makers and lenders

The recent decline in crude oil prices could provide a tailwind for commercial vehicle (CV) manufacturers and financiers by improving fleet operator profitability and supporting vehicle demand. Brent crude...
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