Commodity Price Movement Recap2026-10-22Brent takes its premium over WTI to $13.70 on Houthi strikes in Saudi Arabia; gold and corn each lose 2.9%: weekly settlements, Oct. 16–22For Oct. 16-22, Brent rose 3.01% to $113.17 while WTI added 0.45%, widening the December crude spread to $13.70 as Houthi strikes hit Saudi oil infrastructure; gold and corn each lost about 2.9% for opposite reasons.1
Commodity Price Movement Recap2026-10-15WTI gains 6.7% and narrows the crude spread to $7.95 from $12.87; the October WASDE and a hot PPI weigh on grains and metals: weekly settlements, Oct. 9–15For Oct. 9–15, WTI gained 6.7% and cut its discount to Brent to $7.95 as US crude stocks drew hard and Gulf output stayed shut in, while a shock October WASDE and a hot inflation week pushed corn, soybeans, gold and copper lower.1
Commodity Price Movement Recap2026-10-08Hurricane Isaias and nine tanker attacks widen Brent's premium over WTI to $12.79; gold ends flat: weekly settlements, Oct. 2–8For Oct. 2–8, every one of the six tracked markets stayed inside a 2.1-point band on the week, while Hurricane Isaias and nine tanker attacks around the Strait of Hormuz drove Brent 4% higher on Thursday, widening its premium over WTI to $12.79; December gold ended the week flat after touching a two-month low.1
Commodity Price Movement Recap2026-10-01Crude back above $100 on a third carrier group; a stocks shock drops corn 4.9%: weekly settlements, Sep. 25–Oct. 1For Sep. 25–Oct. 1, crude climbed back above $100 as the United States sent a third aircraft carrier group toward the Middle East, while a USDA grain stocks report showing 35% more old-crop corn than a year earlier drove December corn down 4.92% and pulled the grain complex lower.1
Commodity Price Movement Recap2026-09-24Crude round-trips $9 on Gulf supply and a Houthi strike; gold slides 2.9%: weekly settlements, Sep. 18–24For Sep. 18–24, crude slid for six sessions to lows last seen in early September as Saudi Arabia restarted its East-West pipeline and Iraq raised exports, then jumped about 3% on a Houthi missile attack, while hawkish Fed commentary and record diesel prices pushed gold down 2.87%.3
Commodity Price Movement Recap2026-09-17Crude's war premium deflates as the Fed hikes; copper and soybeans recover: weekly settlements, Sep. 11–17For Sep. 11–17, a Saudi supply workaround deflated crude's war premium while the Fed's first rate hike since 2023 lifted the dollar to a seven-week high, and copper and soybeans led a recovery from Friday's USDA report.
Commodity Price Movement Recap2026-09-10Crude breaches $100 as Hormuz slows, copper rally breaks: weekly settlements, Sep. 4–10For Sep. 4–10, crude surged 11% into triple digits on Hormuz shipping delays, while copper reversed 2% from all-time highs on paused U.S. tariffs and gold fell on firm Fed rate-hike bets.1
Commodity Price Movement Recap2026-09-03Oil leads as Hormuz risk returns: weekly commodity settlements, Aug. 28–Sep. 3Oil led the Aug. 28–Sep. 3 week as renewed Hormuz risk lifted crude, while China soybean demand supported grains and gold and copper finished nearly flat.
Commodity Price Movement Recap2026-08-27Weekly settlements: Hormuz talk cuts oil while corn climbs to multiyear highsFor Aug. 21–27, oil fell as Hormuz reopening hopes faded the risk premium, grains kept rising on export demand and softer crop ratings, gold edged lower ahead of Jackson Hole, and copper finished flat after a midweek record test.1
Commodity Price Movement Recap2026-08-20Weekly settlements: Hormuz risk lifts oil, while copper breaks from the packFor Aug. 14–20, oil and grains rallied on Hormuz risk and demand support, gold advanced amid a divided Fed signal, and copper fell despite tight physical supply.1
Commodity Price Movement Recap2026-08-13Weekly settlements: Oil gains on Hormuz risk, then meets an inventory wallFor Aug. 7–13, oil gained on renewed Hormuz risk but reversed on a large U.S. crude build, while USDA’s big grain crops, gold’s resilient rally, and Chilean copper supply risks shaped the week.
Commodity Price Movement Recap2026-08-06Weekly settlements: Oil whipsaws on Hormuz risk while copper tests a recordFor Aug. 1–6, oil finished below last week's reference despite a Hormuz-driven rebound, copper closed near a record, gold held most of a sharp midweek jump, and grains weakened as export sales softened.