White House urges oil CEOs to pump more as prices surge
Summary:The White House is urging major US oil companies to ramp up production to ease surging fuel prices.
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UK expands energy bill relief scheme for industry amid rising costs
UK expands energy bill relief scheme by 40% to cover 10,000 firms, offering backdated support as high energy costs, w ...
Gold remains supported amid US-Iran deal optimism as real yields extend the drop
FUNDAMENTAL
OVERVIEWGold extended the gains
into new highs since the negative Monday open as the risk sentime ...
Iran clears missile base tunnels during ceasefire, signalling rearmament risk
Iran is rebuilding access to underground missile bases during the ceasefire, highlighting the temporary nature of the ...
Trump says Iran war: “I view it as very close to over.”
Footage from Trump’s Fox interveiw to air Wednesday morning US time, his remarks are that he had intervene, and ...
Trump and Vance goosed the market – Iran talks, war over. Vibe trading.
Positive sentiment continues here in Asia with goose comments from Vance and Trump:Vance signals US–Iran progress, pu ...
Vance signals US–Iran progress, pushes ‘grand bargain’ as ceasefire holds
Vance signals progress in US–Iran talks and a potential “grand bargain,” but key gaps remain despite a holding ceasef ...
Oil market misreads Hormuz: supply remains tight despite reopening hopes
Summary:Reopening Hormuz is necessary but not sufficient to fix oil supply
Market split: shipping flows vs actu ...
Oil: Private survey of inventory shows a headline crude oil build vs. draw expected
Via oilprice.comExpectations I had seen centred on: Crude -1.3mln
Distillate -2.5mlnGasoline -2.2mln This data po ...
Over 100 empty oil tankers head to US ports to load export crude
Summary:Over 100 empty oil tankers heading to US to load crude
Surge includes 54 VLCCs (~2m barrels each), sign ...
Many assets have retraced the war move but not gold (or at least not yet)
The S&P 500 has completely retraced the Iran war move; the euro is back to pre-war levels; but gold isn’t.T ...
A tricky time for the oil market as the “smart money” has moved on
The US-Iran war has made things very complicated for the oil market, not least needing to balance out supply and dema ...