Crude Oil
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WTI falls to near $80.50 on profit-taking, increased traffic through Strait of Hormuz
WTI slumps to near $80.50 in Friday’s early European session, down 2.60% on the day. Signs of increased oil tanker…
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Further escalation and tense situation do not drive oil further
The oil market is experiencing extreme volatility as a result of the armed conflict between the US and Iran. Although…
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WTI Oil extends gains beyond $84.00 as US resumes strikes in Iran
WTI Oil appreciates to levels above $84.00 after bouncing off the $77.16 lows earlier this week. Crude prices have rallied…
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WTI falls below $83.00 despite hostilities in the Middle East
WTI price tumbles to $82.80 in Thursday’s early Asian session. Fears of wider conflict in the Middle East and concerns…
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WTI rebounds sharply on fears of renewed escalation in US-Iran war
The Oil price recovers strongly to near $83.20 on Wednesday due to multiple tailwinds. Houthis mull fees on ships using…
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Commodity Talk – Oil, Natgas, Gold, Cocoa
Market Situation Bearish sentiment dominates the commodity market today, reflected by a negative average daily change of -0.41% with only…
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Chart of The Day – Who suffers from the oil price drop?
The decline in oil and gas prices, resulting from the cessation of attacks between the USA and Iran, has brought…
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Crude Falls for 3rd Session
Crude oil fell to around $81 per barrel on Tuesday, touching its lowest level in more than a week, as…
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Diplomacy in the Shadow of Hormuz: Short-Term De-escalation and Structural Supply Risks for Oil and Gas
The last week of July brings a noticeable reprieve to global energy commodity markets. Prices for crude oil and European…
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WTI remains heavily offered near $84.00 amid hopes for de-escalation in US-Iran conflict
WTI opens with a big bearish gap on Monday amid renewed hopes for US-Iran diplomacy. Shipping restrictions through the Bab…
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