Weekend – Cargo ship attacked in Red Sea off Yemen as Houthi ceasefire holds shakily
The attack lands on a route that has quietly absorbed much of the diverted flow from the Strait of Hormuz during the ...
OPEC+ approves further output hike as Hormuz exports recover, oil falls
The fifth consecutive OPEC+ supply increase lands as the market shifts from a wartime supply squeeze toward fears of ...
Gold shines on the US holiday
Gold rallied in Asia and has held its gains since in quiet holiday trading. It’s up $53 to $4147 and looking to ...
Canada – PM Carney confirms southern Trans Mountain route for new Alberta pipeline
The announcement resolves two of the biggest overhangs on the pipeline file, the route and the Pathways financing str ...
Saudi Hormuz oil shipments surge as post-war tanker backlog clearing (still below pre-war)
The pickup in Saudi flows signals more than a one-off clearing of stranded cargoes, with fresh tanker arrivals at Gul ...
UBS slash oil price forecasts sharply, Q3 down $25. Oil recap – Doha encouragement.
Thin, holiday-thinned trade left both benchmarks confined to tight ranges, with the market’s attention pivoting ...
Gold shows some life in a $100 rally to the highest since June 23
Gold has struggled badly since the start of the Iran war but it’s showing some signs of life today as it attemp ...
Silver stays rangebound above a key trendline as focus shifts to the US NFP report
FUNDAMENTAL
OVERVIEWSilver has been consolidating above a key trendline since last week as the
hawkish repric ...
Gold extends the consolidation as traders await the US NFP report. What’s next?
FUNDAMENTAL
OVERVIEWGold recouped all the losses experienced in the first part of the week.
There was no mean ...
Recap: US, Iran end Doha talks with no breakthrough as Hormuz status stays unclear
Oil prices dropped to a four month low following Trump’s comments downplaying the risk of renewed conflict, wit ...
WSJ: Trump weighs all-out war on Iran but opts to stick with talks
Confirmation that full-scale strike options remain on the table, even if shelved for now, keeps a geopolitical risk p ...
Oil: Private inventory survey shows a headline crude oil draw greater than expected
Via oilprice.com:Expectations I had seen centred on:Headline crude -4.1 mn barrelsDistillates +2.9 mn bblsGasoline -2 ...