Crude gave back some of the week's gains after Brent and WTI each touched their highest settlement levels in roughly a month on Wednesday. The pullback reflects...
Gold is under heavy pressure, falling about $70 to around $3,900 and extending its move back below the psychologically important $4,000 level. The latest declin...
FUNDAMENTAL OVERVIEWOil prices continue to be skewed to the upside in the short-term as the renewed US-Iran crisis is keeping the geopolitical risk elevated, es...
FUNDAMENTAL OVERVIEWIn the past couple of days, we got surprisingly soft US CPI and PPI data that should translate into a 0.2% monthly increase in the Core PCE....
Confirmation of a fresh, sustained US strike campaign, spanning two separate waves within a single day, reinforces the market's existing risk premium on oil tie...
The request from Saudi Arabia and the UAE signals growing urgency among Gulf producers to build durable alternatives to the Strait of Hormuz, following the disr...
The reported strikes on Kuwait and Bahrain mark a widening of the conflict beyond direct US-Iran exchanges, raising the risk premium on oil given both countries...
Iran released an American citizen who was detained in the country in 2024.A positive message from Trump:We aren;t getting many positive messages from trump on I...
Prices found modest support from a shallower-than-expected crude draw, which traders read as a sign supply is stabilizing rather than tightening sharply. That o...
Crude oil is settling at $79.60, up $0.26 (0.33%) on the day after trading in a relatively wide range. Sellers pushed the price down to $78.19, but that low rem...
White House reportedly weighing an additional extension of Jones Act waivers as renewed Iran conflict stirs price fearsThe Jones Act is a U.S. shipping law form...
The weekly crude oil inventory from the EIA shows:Crude Oil -1.692 million vs -2.594M estimateGasoline -1.533 million vs. -0.760 M estimateDistillates +4.556 mi...