Central banks bought a net 244 tons of gold in Q1 2026, the fastest pace in over a year, as the March price slump drew in buyers led by Poland, Uzbekistan and C...

Japan's industrial production fell 0.5% in March, missing the +1.1% forecast, as Hormuz-linked disruptions cut chemical and fuel output. Manufacturers see a fur...

The Trump administration is seeking international partners for a "Maritime Freedom Construct" coalition to restore Hormuz navigation, a State Department cable s...

Goldman Sachs says the UAE's OPEC exit poses greater medium-term than short-term oil supply upside risk, with UAE crude production potential estimated at just o...

The oil market is in a bit of a panic today. The main catalyst is a Politico report saying:White House officials huddled with oil industry executives Tuesday to...

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 trading at $107.30. The move higher has now...

Prior was Gasoline -6075K vs -2136K expectedDistillates -4494K vs -2194K expectedAPI data from late yesterday:Crude -1790KGasoline -8470KDistillates -2600K This...

FUNDAMENTAL OVERVIEWGold has extended the losses yesterday after a technical breakout of the recent consolidation. The main thing that’s been weighing on precio...

China has approved 500,000 metric tons of refined fuel exports for May, nearly double April's quota but still well below pre-war levels as Beijing maintains exp...

Brent rose for an eighth day to above $111 and WTI topped $100 on reports Trump will extend the Iran port blockade. The dollar firmed. Earlier, US crude invento...

Trump has chosen an extended Iran blockade over bombing or diplomacy, betting economic pressure will force nuclear concessions. Talks are stalled and officials ...

US Treasury Secretary Bessent says Kharg Island is nearing storage capacity, costing Iran around $170mn per day in lost revenue and risking permanent damage to ...