FT Mercati provides subscribers with a dedicated commodities news bulletin to stay up-to-date. Here is a selection of the latest news:
China's aluminum market on August 5, 2026 found itself navigating a sharp tension between macro-driven bullish momentum and underwhelming physical demand conditions, according to Mysteel's daily price assessment. Mysteel reported that the benchmark A00 aluminum grade, with a minimum purity of…
Read moreConocoPhillips (NYSE: COP) reported robust second-quarter 2026 financial results on August 6, 2026, posting earnings of $3.9 billion, or $3.23 per share, nearly doubling the $2.0 billion, or $1.56 per share, recorded in the same period a year earlier. Adjusted earnings for the quarter reached $4.0…
Read moreThe U.S. Energy Information Administration (EIA) has significantly revised its forecasts for global oil supply disruptions stemming from the ongoing Iran war, acknowledging that the impact on energy markets is far more severe and prolonged than previously anticipated, according to a report…
Read moreCrude oil prices edged lower on August 6 as investors assessed growing signs of diplomatic progress between Iran and Oman that could pave the way for a broader U.S.-Iran peace agreement, potentially ending the five-month conflict and reopening the Strait of Hormuz to normal shipping traffic. Brent…
Read moreOil prices retreated on Thursday as diplomatic progress between Iran and Oman over a shipping route through the Strait of Hormuz prompted selling pressure across energy markets, with investors closely monitoring the trajectory of broader US-Iran negotiations. Brent crude futures fell 33 cents, or…
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