commodities


Copper Hits Record High; Goldman Warns A "Circular Melt-Up" Is Now Driving Global Market

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"Post Thanksgiving – breakout in Copper: Have been watching LME, that $11,100 level, now 3 times, it's felt like a coiled spring, we have..." 


Another Russian Shadow-Fleet Tanker Hit By Drones

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Four in a week. 


A Water War Is Brewing In Texas

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A hedge-fund-backed plan to pump 15 billion gallons a year from an East Texas aquifer has sparked intense local opposition and legal challenges...


Rallying Miners Have Become Portfolio Must-Haves

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Miners have the support of strong fundamentals and an increasingly favorable macro-economic backdrop...


John Deere Calls "Large Ag Cycle" Bottom Next Year - Just As China Ramps Up U.S. Soybean Buying

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The latest word from Reuters is that China has purchased at least 10 cargoes... 


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Grid-Scale Battery Boom Sparks Lithium's Comeback

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"We maintain our view that supply delays will be required by 2027 to rebalance the market." 


BHP Scraps Anglo Takeover Attempt (Again) - UBS Raises Question: What's Next?

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"The key question from here will be whether BHP is now firmly focused on the organic opportunity, or whether..."


Live Cattle Futures See Sharpest Monthly Slide In Five Years As Trump's "Operation Affordability" Begins

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"The president's going to focus on the small things that touch the Americans' pocketbook, and he's going to bring them all down."


India's Reliance To Stop Processing Russian Oil At Giant Jamnagar Refinery

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Starting Friday, four of Russia’s top producers - accounting for as much as 80% of the country’s exports to India - are under sanction, leaving counterparties at risk of secondary sanctions. 


Timeline For "Largest-Ever LNG Supply Wave" To Hit Global Markets 

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"We introduce our ten-year outlook for global natural gas prices, primarily..." 


Beijing Jumps Back Into US Soybean Market, Snaps Up 20 Cargo Loads After Abrupt Pause 

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"a lot of soybean purchases," potentially even before spring.


Brent Initially Slides After Russia Restarts Key Novorossiysk Port After Drone Attack 

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"People were expecting a longer outage ... " 


China's CO2 Emissions Have Been Flat For 18 Months Straight

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China has seen its carbon dioxide (CO2) emissions keep a flat or falling trend for 18 consecutive months as electric vehicles and renewable energy uptake soars, a new analysis for Carbon Brief showed on Tuesday.  


US Sanctions Push Indian Refiners Away From Russian Crude

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All but two Indian refiners have skipped placing orders for Russian crude for December after the U.S. sanctioned Russia’s top oil producers, Rosneft and Lukoil...


China's Purchases Of US Soybeans Abruptly Stops 

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"... more of a diplomatic gesture than a firm trade deal." 


U.S. Aluminum Prices Surge To Record Highs As Tariffs Squeeze Supply

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“However, the destocking likely cannot continue indefinitely, and the recent rise in the Midwest premium suggests that some buying is returning." 


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The EU Has A Rare Earths Problem, Poland May Have The Answer

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As countries everywhere scramble to not be reliant on China, the EU should focus on expanding Poland's current mining activities, says one expert...


UBS Analysts Return From Magic Carpet Ride Across Middle East Energy Hubs With Four Big Takeaways

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Increasing oil production is expected to maintain short-term downward pressure on prices. However, UBS holds a constructive... 


China Boosts U.S. Soybean Purchases Following Trump-Xi Trade Talks

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"25 million metric tonnes/year is right where we were just a few years ago." 


The Only Asset Down On The Year: Oil

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Murti, Sankey, Townshend, McGlone... Tonight ZeroHedge hosts expert panel on black gold.