Commodities

Japan’s industrial production fell 0.5% in March, missing the +1.1% forecast, as Hormuz-linked disruptions cut ...

The Trump administration is seeking international partners for a “Maritime Freedom Construct” coalition t ...

Goldman Sachs says the UAE’s OPEC exit poses greater medium-term than short-term oil supply upside risk, with U ...

The oil market is in a bit of a panic today. The main catalyst is a Politico report saying:White House officials hudd ...

Crude oil is taking a another step to the upside with a move to a new intraday high of $107.63. The current price is ...

Prior was Gasoline -6075K vs -2136K expectedDistillates -4494K vs -2194K expectedAPI data from late yesterday:Crude - ...

FUNDAMENTAL
OVERVIEWGold has extended the
losses yesterday after a technical breakout of the recent consolida ...

China has approved 500,000 metric tons of refined fuel exports for May, nearly double April’s quota but still w ...

Brent rose for an eighth day to above $111 and WTI topped $100 on reports Trump will extend the Iran port blockade. T ...

Trump has chosen an extended Iran blockade over bombing or diplomacy, betting economic pressure will force nuclear co ...

US Treasury Secretary Bessent says Kharg Island is nearing storage capacity, costing Iran around $170mn per day in lo ...

Dow Jones/Market Watch cite analysts who say Kazakhstan and possibly Iraq could follow the UAE out of OPEC, though Ba ...