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Commodity Watch — Sep 29, 2026, 12:00 UTC
Crude oil is down 1.03% today, trading at $91.65. This comes despite headlines of Brent surging past $106 after a Houthi attack on Saudi sites. Geopolitical tensions remain high. Markets are weighing a potential US-Iran deal and a Trump-Xi summit.
Key takeaways
- Crude oil is down 1.03% today, trading at $91.65.
- This comes despite headlines of Brent surging past $106 after a Houthi attack on Saudi sites.
- It gained 0.50%, now at $4,189.4.
Transcript
Crude oil is down 1.03% today, trading at $91.65. This comes despite headlines of Brent surging past $106 after a Houthi attack on Saudi sites. Geopolitical tensions remain high. Markets are weighing a potential US-Iran deal and a Trump-Xi summit. This uncertainty creates conflicting signals for energy. Gold, however, shows its safe-haven strength. It gained 0.50%, now at $4,189.4. Investors seek stability amidst global shifts. The Federal Reserve just raised interest rates. This marks their first hike in years. Such monetary policy shifts impact all asset classes. Copper also saw a slight uptick, up 0.05% to $6.637. Global economic health remains a key driver. We are navigating a complex geopolitical landscape. Every commodity reflects these intricate connections. This is Commodity Watch on rawfin.tv.
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