News & Insights
Latest updates from global commodity markets
Financial Post
India Says Inflation Outlook Needs Vigilance Ahead of RBI Policy
India needs to be vigilant on the inflation outlook in the country, officials at India’s finance ministry said just days ahead of a monetary policy decision by the country’s central bank, highlighting risks from a sub-par monsoon and recent fuel price hikes.
May 30, 2026
Financial Post
Norway Struggles to Diversify Its Economy Hooked on Oil and Gas
Higher fuel prices in the wake of the Middle East war are reducing incentives to find other sources of economic growth
May 30, 2026
Bloomberg
Strait of Hormuz ship transits are rising thanks to help from US
A US Central Command spokesperson stated that while US military assets aren’t escorting ships, they are advising commercial vessels in the region
May 30, 2026
OilPrice.com
How a Regional Gulf Coast Port Became America's Crude Oil Export Capital
Three decades ago, I had just graduated from Texas A&M University and taken my first job as a chemical engineer in Corpus Christi, Texas. At the time, few people would have expected that this Gulf Coast city would one day sit at the center of the global energ…
May 29, 2026
Financial Post
Hedge Funds Are Bearish on Natural Gas for First Time Since 2024
Hedge funds turned bearish on US natural gas for the first time since 2024 on signs of plentiful domestic supplies and expectations of reduced export needs.
May 29, 2026
MarketWatch
One of the hottest crypto products in the world is finally coming to the U.S.
Kalshi and Coinbase have received permission from the Commodity Futures Trading Commission to bring perpetual futures to U.S.-based investors.
May 29, 2026
Financial Post
Domestic air travel outpaced travel to the U.S. in April
Domestic air traffic reached 2.1 million in April, outpacing the 1.1 million in transborder air traffic to the US that month. Read more.
May 29, 2026
Financial Post
Key US Medium Sour Crude Weakens as Exports Ease From Records
Prices for a key US medium sour crude grade are weakening, underscoring a slowdown for American oil exports.
May 29, 2026
OilPrice.com
Colombia’s Oil Industry Faces a Defining Election in 2026
Colombia’s rapidly approaching 2026 presidential election is generating considerable concern about the economy, notably the country’s oil industry. Gustavo Petro, a former guerrilla who won the 2022 election to become Colombia’s first left-wing president, int…
May 29, 2026
OilPrice.com
Kansas Fed Pres Warns Oil Price Shock Might Not Be Transitory
Federal Reserve Bank of Kansas City President Jeffrey Schmid has warned that the current global energy shock cannot simply be dismissed as transitory, given already-elevated baseline inflation. Speaking at a conference in Iceland, Schmid pointed out that infl…
May 29, 2026
OilPrice.com
US Drillers Add More Rigs In Response to Higher Prices
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 562, down just 1 from this same time last year. The number of…
May 29, 2026
Financial Post
Trump Says ‘Final Determination’ on Iran Truce Is Coming
President Donald Trump said Friday he’s making a “final determination” on a preliminary deal to extend a ceasefire with Iran although mixed messages from both sides over when an agreement might be struck continued to confuse the outlook for a breakthrough.
May 29, 2026