MUFG’s Derek Halpenny links the prolonged Strait of Hormuz closure to rising Oil and input costs, with agricultural and fuel prices already surging. MUFG’s Derek Halpenny links the prolonged Strait of Hormuz closure to rising Oil and input costs, with agricultural and fuel
US/Iran peace talks to resume, Oil falls, tech surges The Oil price is down sharply after reports that Iran’s foreign minister is heading to Islamabad for US/ Iran deescalation talks. US/Iran peace talks to resume, Oil falls, tech surges The Oil price is down sharply after
Oil markets didn’t just rally this week; they repriced risk in a way that forced traders to adjust positioning quickly. Oil markets didn’t just rally this week; they repriced risk in a way that forced traders to adjust positioning quickly. What began as a recovery from pri
Oil: Supply risks and stagflation fears – Rabobank Rabobank’s Senior Macro Strategist Bas van Geffen notes that Oil prices have risen, with Brent futures around $106, as Middle East tensions and disruptions in the Strait of Hormuz... Oil: Supply risks and stagflation fears
Brent: Geopolitical risk keeps prices elevated – Deutsche Bank Deutsche Bank strategists highlight that Brent Oil continues to climb as US-Iran tensions persist and the Strait of Hormuz remains effectively closed. Brent: Geopolitical risk keeps prices elevated – Deutsche B
Crude oil prices extended their gaining streak to five days today, with Brent crude trading at $106.30 per barrel at the time of writing and West Texas Intermediate at $96.68 per barrel. Crude oil prices extended their gaining streak to five days today, with Brent crude tr
WTI Oil eases to levels near $94.00, but remains close to two-week highs Crude prices are consolidating gains on Friday, following a three-day rally, as investors pare back hopes of an imminent peace deal between the US and... WTI Oil eases to levels near $94.00, but remai
Crude prices are consolidating gains on Friday, following a three-day rally, as investors pare back hopes of an imminent peace deal between the US and Iran. Crude prices are consolidating gains on Friday, following a three-day rally, as investors pare back hopes of an immi
WTI stabilizes as demand resilience meets shipping stress The latest UK retail sales release shows a clear rebound in activity, with monthly growth reaching 0.7% against expectations of a flat reading and a prior contraction. WTI stabilizes as demand resilience meets shipp
Reliance Industries, the biggest oil refiner in India, is expected to report a drop in profits for its fourth quarter to March, driven by the oil price surge caused by the war in the Middle East. Reliance Industries, the biggest oil refiner in India, is expected to report
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