Commodities Prices Today (Dec. 17, 2025): Oil Jumps on Venezuela Blockade, Silver Hits Record High, Copper and Iron Ore Firm
December 17, 2025 — Commodity markets are closing out the year with a familiar mix of geopolitics, interest-rate expectations, and supply constraints driving sharp day-to-day moves. Today’s biggest story is energy: oil prices rebounded more than 2% after the U.S. ordered a blockade of sanctioned oil tankers entering and leaving Venezuela, injecting fresh uncertainty into a market that had just been trading near five-year lows on oversupply fears. Reuters+2Reuters+2 At the same time, the metals complex continues to dominate the “commodities prices today” conversation: silver surged to new all-time highs above $66/oz and gold held firm above $4,300/oz as softer