Energies
Commodities include agricultural products such as wheat and cattle, energy products such as oil and natural gas, and metals such as gold, silver, and aluminum.
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Higher Oil Prices Are Here to Stay
The oil price surged above $100 per barrel at one stage on Thursday morning, although it is backing away from…
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WTI trims a part of strong intraday gains; still up over 6% for the day above mid-$93.00s
WTI gains strong positive traction on Thursday amid a further escalation of conflicts in the Middle East. Suspected Iranian attacks…
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China orders immediate ban on fuel exports for March — Reuters
The Chinese government has effectively banned refined fuel exports for March “with immediate effect”, Reuters reported on Thursday. This measure…
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Heating Oil Climbs to 3-½ Year High
Heating oil futures extended their advance by more than 6% to around $3.9 per gallon, reaching their highest level since…
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Gasoline Futures Extends Rally
US gasoline futures continued their rally, rising more than 4% to around $2.9 per gallon, approaching the four-year high reached…
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U.S Natural Gas Advances for 2nd Session
US natural gas futures rose to around $3.2 per MMBtu, building on its advance from the previous session, as markets…
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EIA Report And Current Middle Eastern Conflict Let’s the Blind Lead The Bind
EIA data showed a stronger-than-expected decline in fuel inventories in the US, although crude oil inventories increased more than forecast.…
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Have Permission or Risk Attack, Reality Bites on The Strait of Hormuz
According to the latest media reports, Iran has announced that ships wishing to pass through the Strait of Hormuz will…
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Volatile Markets, Oil Reserve Talk Amid Middle Eastern Conflict
We are living through a period of high volatility right now. Stocks are back in the red, bonds are selling…
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EU Natural Gas Surges Again
European natural gas futures surged back to above the €50/MWh on Wednesday, over 60% higher since the start of March…
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