Commodities markets closed Friday, May 15, 2026, with notable gains in oil and precious metals, while agricultural commodities recorded declines.

Oil and Gas

WTI crude rose 4.2% to $105.42 per barrel. Brent rose 3.35% to $109.26. Natural gas rose 2.28% to $2.96 per MMBtu. Gains came amid geopolitical concerns and tight supply.

Gold and Silver

Gold rose 2.63% to $4,561.90 per ounce. Silver stood out with a sharp 9.12% gain to $77.55 per ounce.

Agricultural Commodities

Wheat (CBOT) traded at 635.75 cents per bushel ($6.36). Corn fell to 455.75 cents per bushel. Soybeans traded at 1,177 cents per bushel. Coffee 'C' stood at 266.90 cents per pound and cotton at 80.61 cents per pound.

Bottom Line

Markets await macro data and geopolitical updates in the coming week. Analysts note that gains in oil and silver may continue if regional tensions persist.