Via Reuters, ICYMI, the info that Asia crude imports on track for a 22% annual fall to a 10-year low in April as the Hormuz closure forces refinery run cuts. Di...
Trump announces Lebanon-Israel ceasefire extended three weeks (earlier news on this here) after Oval Office talks. Wednesday was a deadly day in Lebanon with fi...
Trump says the Israel - Lebanon ceasefire will be extended by three weeks.Social media post. This article was written by Eamonn Sheridan at investinglive.com....
Trump's explicit warning that Americans should brace for higher fuel costs carries meaningful inflationary implications. Energy prices feeding through to transp...
FUNDAMENTAL OVERVIEWSilver has come under renewed pressure on Tuesday after the markets got a bit scared following Iran’s refusal to participate in the Islamaba...
FUNDAMENTAL OVERVIEWGold has come under renewed pressure on Tuesday after the markets got a bit scared following Iran’s refusal to participate in the Islamabad ...
Summary:Gold edges higher after hitting a two-week low, with bargain-hunting emerging Iran tensions persist as maritime incidents and US blockade continue Cease...
US crude stocks rose 1.9m barrels vs a 1.0m draw expected, driven by higher imports and weaker exports. However, gasoline (-4.6m) and distillate (-3.4m) draws s...
Bloomberg reported on commodity trading firms reaping gains. If these firms are not doing so at times like this they are not doing thier jobs. Summary:Major com...
This from yesterday about US forces taking Itanian tankers in Asia:Maritime crackdown widens against Iran-linked shipping. Oil tanker seized in Indian OceanReut...
Prior was -913KGasoline -4570K vs -1494K expectedDistillates -3427K vs -2458K expectedAPI data from late yesterday:Crude -4400KGasoline -5165KDistillates -4590K...
FUNDAMENTAL OVERVIEWOil prices jumped yesterday after a couple of negative headlines seemed to point that the Islamabad talks were dead on arrival with Iran ref...