By French Edition Delayed futures quotes via Yahoo Finance, cached ~15 min — for information only, not investment advice.
Crude oil prices edged higher today, with West Texas Intermediate (WTI) futures settling at $72.31 per barrel, up 0.23 or 0.32%. The modest increase reflects ongoing concerns about supply disruptions amid geopolitical tensions and OPEC+ production strategies.
Copper futures also saw a positive move, closing at $6.3020 per pound, up 0.0870 or 1.40%. This uptick is attributed to renewed demand from the construction sector, particularly in China, which continues to ramp up its infrastructure projects.
Coal prices surged significantly, with API2 futures rising to $104.75 per tonne, an increase of 8.05 or 8.32%. The sharp rise is driven by a combination of strong demand in Asia and supply constraints, as key exporting nations face logistical challenges.
Overall, the commodities market today is influenced by a mix of supply-side dynamics and robust demand, particularly from China, which is impacting both energy and industrial metals.