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Commodities

  • Tuesday, 20 January, 2026
    Energy Source
    Why the calculus for fertiliser production in Europe has changed

    EU’s potential pivot on its carbon border tax may cause the energy-intensive sector to pull investments

    Premium content
    A combine harvester works through a wheat field, creating rows of cut stalks and a cloud of dust near a coastal hillside.
  • Tuesday, 20 January, 2026
    News in-depthOil & Gas industry
    Fracking pioneers look overseas as US shale revolution goes global

    American companies seek opportunities in Venezuela, the Middle East and Australia as domestic shale output plateaus

    1 hour ago
    A worker in a hard hat stands on a drilling rig platform, preparing to connect a drill bit, with the Permian basin landscape in the background.
  • Monday, 19 January, 2026
    Rana Foroohar
    The great oil head fake

    Despite today’s oversupply, crude is poised to rise

    An illustration showing a person holding a fuel pump nozzle, with the fuel hose forming a jagged line graph to represent fluctuating petrol prices.
  • Monday, 19 January, 2026
    The Big Read
    Is Venezuela’s ‘compliant’ new regime sustainable?

    The acting president says she is staying true to her socialist roots while trying to meet the demands of the Trump administration

    A supporter of Venezuelan opposition leader MarÌa Corina Machado waves the Venezuelan flag on Capitol Hill
  • Sunday, 18 January, 2026
    Chinese business & finance
    Beijing pours cash into Belt and Road financing in global resources grab

    Spending on Xi Jinping’s signature overseas investment project hit a record in 2025, new research shows

    Xi Jinping in front of a collage showing construction equipment, a high-speed train, and map route icons, referencing the Belt and Road Initiative.
  • Sunday, 18 January, 2026
    News in-depthRare earths
    Brazil and US eye rare earths deal

    Abundant but largely untapped rare earth deposits could offer leverage as diplomatic ties improve

    Aerial view of the Serra Verde Mining rare earth elements mine with excavated earth, roads, and surrounding forested hills.
  • Saturday, 17 January, 2026
    Retail investing
    Investors snap up defence and energy stocks amid geopolitical turmoil

    Gold and silver also in demand, boosted by unrest in Iran, Venezuela and Trump’s claims on Greenland

    A trader points at multiple computer monitors beneath a Chevron Corp. stock display at the New York Stock Exchange.
  • Saturday, 17 January, 2026
    Personal Finance
    Who won big in the FT’s stockpicking competition?

    Portfolios holding precious metals performed well in last year’s rollercoaster market

    Illustration collage of a trophy, gold coins, a minecart full of silver speeding uphill, a MAGA hat, a computer chip and a laptop with an atom symbol
  • Saturday, 17 January, 2026
    Precious metals
    Retail stampede fuels silver’s wild rally

    Consumers rush to sell jewellery and dining sets after dizzying price gains

    Montage shows a silver coin with a line of data overlaid
  • Friday, 16 January, 2026
    Mercuria Energy Group Ltd
    Mercuria profits hit $1.3bn as bets come good and it pays almost no tax

    Swiss trading house benefited as volatility swept copper market last year

    A white flag with the Mercuria logo and name flies next to the Swiss and Geneva flags between office buildings.
  • Friday, 16 January, 2026
    Oil & Gas industry
    Buffett-backed Japanese trading house to buy US gas producer for $7.5bn

    Mitsubishi Corporation’s purchase of Aethon will bolster its gas portfolio as energy demand soars due to AI

    Signage with the Mitsubishi logo and Japanese text outside the Mitsubishi Corp head office in Tokyo.
  • Friday, 16 January, 2026
    UnhedgedHakyung Kim
    The risk to gold: global sanity

    Plus, the central bank trilemma

    Premium content
    Stacks of gold bullion bars from Baird & Co are displayed with gold coins arranged around them.
  • Friday, 16 January, 2026
    FT News Briefing podcast12 min listen
    China’s state iron ore buyer flexes muscles

    The EU is proposing a new way to allow Ukraine to join the bloc, and it was the best…

    Image
  • Friday, 16 January, 2026
    Oil & Gas industry
    Trump’s first Venezuela oil sale deal goes to megadonor’s company

    Senior Vitol trader met US president at White House last week and gave millions of dollars to his re-election campaign

    John Addison speaks into a microphone while Bryan Sheffield listens with arms crossed during a meeting
  • Thursday, 15 January, 2026
    Oil
    Oil prices tumble as fears of US action in Iran ease

    Brent crude falls more than 4% as oversupply fears return

    Aerial view of a large green tanker connected to unloading pipes at a crude oil terminal dock in China
  • Thursday, 15 January, 2026
    Ricardo Hausmann
    Venezuela needs predictability — not predation

    To rebuild the energy sector, the country needs a credible, legitimate government investors can trust

    Oil platforms and pumpjacks stand in Maracaibo Lake, with birds flying above and power lines crossing the scene.
  • Thursday, 15 January, 2026
    Energy Source
    Halliburton expects speedy return to Venezuela and plays down risks

    The US oil services company could be active in the country within ‘months’, its CEO says

    Premium content
    A sculpture of a large hand holding an oil drilling rig stands outside the PDVSA headquarters in Caracas, with city buildings in the background.
  • Thursday, 15 January, 2026
    Mining
    Rio Tinto and BHP team up for iron ore savings in Australia

    Collaboration comes against backdrop of pricing pressure from China and rival sources of supply

    Two large mining trucks drive on a dusty red dirt road at the Gudai-Darri iron ore mine in Western Australia.
  • Wednesday, 14 January, 2026
    Precious metals
    Gold, silver and copper prices hit new highs as global tensions mount

    Tin also reaches fresh peak as metals extend recent strong run

    Close-up of stacked gold bullion bars stamped with "100g 999.9 Fine Gold" and a serial number.
  • Wednesday, 14 January, 2026
    SLB
    World’s largest oilfield services company to pounce on Trump’s Venezuela opening

    Shares in the world’s largest oilfield services company have risen by 14% since US capture of Nicolás Maduro

    El Palito refinery with several tall smokestacks emitting light smoke under a clear blue sky. Power lines run across the foreground.
  • Wednesday, 14 January, 2026
    Agricultural commodities
    Polymarket’s eye-watering brush with the 1958 Onion Futures Act

    Peeling back the layers of the ambiguously-regulated US prediction market

    Image
  • Wednesday, 14 January, 2026
    BP PLC
    BP takes $4bn-$5bn hit on green energy business

    UK oil major suffers latest setback as it tries to pivot back to fossil fuels

    A person holds a green fuel pump while refuelling a vehicle, with the BP logo in the background.
  • Wednesday, 14 January, 2026
    Basic resources
    China’s state iron ore buyer flexes muscles in talks with global miners

    Australian producer Fortescue says China Mineral Resources Group is ‘key risk’ for market as Beijing seeks more leverage

    Aerial view of cargo ships docked at Qingdao Port as cranes unload iron ore onto large, colourful stockpiles at the terminal.
  • Monday, 12 January, 2026
    Industrial metals
    Italian steel plant demands €7bn in damages from ArcelorMittal

    State-appointed administrators file complaint to Milan court about ‘mismanagement’ of the Taranto site by former owner

    The Arcelor Mittal Italia steel plant in Taranto with multiple smokestacks, industrial buildings, and cranes under a clear sky
  • Monday, 12 January, 2026
    Gold
    Gold hits record high and dollar weakens on Fed independence worries

    Long-term inflation expectations tick up after US prosecutors launch criminal investigation into chair Jay Powell

    Two 1kg gold bars stacked on a dark surface.
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Most Read

  1. The great oil head fake
  2. Beijing pours cash into Belt and Road financing in global resources grab
  3. Is Venezuela’s ‘compliant’ new regime sustainable?
  4. Brazil and US eye rare earths deal
  5. Retail stampede fuels silver’s wild rally

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