Each page below carries the live front-month futures price plus a plain-English guide to that market: the supply and demand drivers, how its forward curve behaves, the seasonal pattern, how to read CFTC positioning, and the recurring reports that move it.
WTI Crude Oil (CL=F) — WTI is the pricing anchor for U.S. light, sweet crude delivered at Cushing, Oklahoma, so its day-to-day moves track the balance between American production, refinery demand, and how full the Cushing tank farm is.…
Brent Crude Oil (BZ=F) — Brent reflects the waterborne, globally traded crude market, so it responds to the world balance rather than to any one country's inventories. OPEC+ supply decisions, demand from China and the rest of Asia…
Natural Gas (NG=F) — Weather is the dominant driver, because gas demand is heating in winter and power-generation cooling load in summer. Forecasts for heating and cooling degree days over the next two weeks move the front of the curve…
Corn (ZC=F) — The U.S. growing-season weather calendar is the core driver. A wet spring that delays planting, a dry or hot spell during July pollination — the yield-critical window for corn — or an early autumn frost can each move…
Wheat (ZW=F) — Wheat is grown and exported across many regions with staggered seasons, so the market watches weather almost year-round: the U.S. and European winter-wheat crop through spring, the Black Sea (Russia and Ukraine…
Gold (GC=F) — Gold pays no yield, so the biggest single driver is the real (inflation-adjusted) yield on U.S. Treasuries. When real yields fall, the opportunity cost of holding gold drops and the price tends to rise; when real…
Silver (SI=F) — Silver takes its macro cue from gold — real U.S. yields, the dollar, and safe-haven flows push both metals the same way — but silver moves more. In a precious-metals rally silver typically outperforms gold…
Copper (HG=F) — Copper is a growth trade. Global industrial production, construction activity, and — increasingly — electrification demand from EVs, grid upgrades, and data centres set the demand trend, and China is roughly half…