Commodity prices for geopolitics watchers
Live prices for the 8 commodities that react most to wars, sanctions and shipping disruptions: crude oil, natural gas, precious and industrial metals, and grains. Each page explains what moves the price and links to the chokepoints and countries behind it.
| Commodity | Group | Price | Day change | Unit |
|---|---|---|---|---|
| Brent crude oil | Energy | 95.93 | +0.11% | USD per barrel |
| WTI crude oil | Energy | 88.76 | +0.02% | USD per barrel |
| Natural gas (Henry Hub) | Energy | 3.272 | -2.04% | USD per MMBtu |
| Gold | Metals | 3,886.40 | +0.03% | USD per troy ounce |
| Silver | Metals | 49.02 | -2.1% | USD per troy ounce |
| Copper | Metals | 6.082 | -1.84% | USD per pound |
| Wheat | Grains | 592.75 | +1.45% | US cents per bushel |
| Corn | Grains | 445.50 | +0.68% | US cents per bushel |
Why these commodities
Oil and gas move on Gulf and Red Sea shipping risk and sanctions on exporters. Gold rises when conflict and sanctions fears push investors toward safe havens. Copper tracks Chinese industry and mine disruptions. Wheat and corn depend on Black Sea and Panama Canal shipping and on harvests in a handful of exporting countries.