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Commodities

The Oceania Times > Commodities
  • June 3, 2026
  • Noah
  • Commodities

WTI Crude Oil rises to near two-week high on US-Iran uncertainty, EIA stockpile draw

West Texas Intermediate (WTI) crude Oil climbs to its highest level in nearly two weeks on Wednesday as renewed hostilities in the Middle East dent hopes of a near-term...
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  • June 3, 2026
  • Noah
  • Commodities

EIA: US crude oil inventories down 8 million bbl

US crude oil inventories for the week ended May 29, excluding the Strategic Petroleum Reserve, decreased by 8.0 million bbl from the previous week, according to data from the...
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  • June 3, 2026
  • Noah
  • Commodities

The Price of Gold Today, June 3, 2026

Gold’s spot price — or its current trading value — today as of 9:00 a.m. ET is $4,464.49 per ounce, according to CNBC’s Gold/ US Dollar Spot Price. That’s...
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  • June 3, 2026
  • Noah
  • Commodities

This forgotten mineral field in Queensland has all the metals AI data centres need

AI data centres are also giant drivers for metal demand. Pic: Getty Images Green & Gold Minerals is assembling a copper, silver, tin and indium play in North Queensland’s...
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  • June 3, 2026
  • Noah
  • Commodities

Nigeria’s oil GDP grows 2.57% as production slips

Nigeria’s oil sector expanded in the first quarter of 2026, posting its second consecutive year-on-year growth even as actual crude output declined, underscoring the widening gap between sector performance...
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  • June 3, 2026
  • Noah
  • Commodities

AVEVA supports mining, metals companies to meet increasing demand

Mining and metals companies are working to maximise production and ensure they produce high-quality products with the lowest possible environmental impact and at competitive prices, and industrial software company...
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  • June 3, 2026
  • Noah
  • Commodities

Natural Gas News: Market Volatility Grows as Weather Cuts Gas Demand Outlook

The injection came in below expectations and below the five-year average for the week. On any other day that would be bullish. But when the weather forecast is this...
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  • June 3, 2026
  • Noah
  • Commodities

Oil News: Weekly Oil Outlook Hinges on OPEC Cuts and Demand Recovery

Weekly Spot Brent Crude OilSpot Brent crude oil closed in a weak position last week after taking out the minor bottom at $99.77. This shifted momentum to the downside....
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  • June 3, 2026
  • Noah
  • Commodities

Why Natural Gas Is Still Thriving In A World Chasing Net Zero

CAMERON LOUISIANA – JUNE 7: A large liquified natural gas transport ship sits docked in the Calcasieu River on Wednesday, June 7, 2023, near Cameron, La. (Jon Shapley/Houston Chronicle...
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  • June 3, 2026
  • Noah
  • Commodities

The world’s largest data center was supposed to run on 100% natural gas. Utah’s Republican governor says ‘never.’

A sprawling, 40,000-acre data center planned for northern Utah has stirred up controversy across the state over the past month, partly because of the pollution it’s expected to contribute...
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War dampener for oil prices July 22, 2026
The Metals Selloff Is Creating New… July 22, 2026
Northam Platinum’s ‘mine without end’ exposes… July 22, 2026
NSE natural gas options hit record… July 22, 2026
The Next Big AI Bottleneck Isn’t… July 22, 2026

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