Commodity Wrap - Oil, Silver, Natgas, Soybean (10.02.2026)
Market Overview
As of February 10, 2026, the commodities market shows varied performance across key assets. Oil prices remain elevated, reflecting ongoing market dynamics despite a reduction in geopolitical risks associated with potential US intervention in Iran. This stability in oil prices is noteworthy as it contrasts with the fluctuations seen in other commodities.
Commodity Prices
- Oil (WTI): $64.57 (+0.28%)
- Silver: $81.823 (-1.72%)
- Natural Gas: $3.142 (+0.13%)
- Soybean: $1115.19 (+0.45%)
Detailed Analysis
Oil
Oil prices have shown resilience, maintaining a strong position in the market. The decrease in perceived risks related to US military actions in Iran has contributed to this stability. Investors are closely monitoring the situation as it could influence future price movements.
Silver
In contrast, silver has experienced a decline of 1.72%. This drop may be attributed to various factors, including shifts in investor sentiment and market demand dynamics.
Natural Gas
Natural gas prices have seen a slight increase of 0.13%, indicating a stable demand in the market. Analysts suggest that weather patterns and seasonal demand could play a significant role in future pricing.
Soybean
Soybean prices have risen by 0.45%, reflecting ongoing agricultural trends and market conditions that favor increased prices for this commodity.