The oil market's abrupt surge is becoming a genuine headache
Brent and WTI both climbed 6% for a ninth straight session, sending Brent to its highest level since May. The rally is set to produce an ugly September CPI…
Gold, crude oil, industrial metals and agricultural products: supply and demand, inventories and geopolitical risk.
Brent and WTI both climbed 6% for a ninth straight session, sending Brent to its highest level since May. The rally is set to produce an ugly September CPI…
Crude oil surged to $102 after a report that Iran is producing ballistic missiles again, adding to Middle East supply fears. A drone attack on a Russian…
Global gold ETFs attracted $18 billion in August, the second-largest monthly inflow, pushing holdings to an all-time high.
WTI hit $100 as oil stocks slid, leaving the XLE down 1.1%. The divergence comes amid nine straight days of crude gains and signs of fuel-market strain.
Gold fell below $4,356 support after a hotter PPI reading pushed yields and the dollar higher.
WTI crude rose above $100 for the first time since May, while Brent traded near $105, as investors priced in a protracted US-Iran conflict.
A contrarian short trade plan for crude oil targets the $100 liquidity zone with multiple entry levels and defined targets.
Rising oil prices due to the Iran conflict are driving long-term bond yields higher, overshadowing other influences.
Gold held near $4,400 as traders awaited US inflation data that could clarify the Fed's rate path.
Construction has surged at a suspected Iranian nuclear site built into a granite mountain, while the US works on a next-generation bunker penetrator.
Top Trump aides have privately warned the Iran war may continue past the president's term, contradicting his public timeline, per WSJ.
HSBC raises 2026-2027 Brent forecasts, citing tighter market as Strait of Hormuz flows remain impaired.
Trump says oil prices will not drop until after November midterms; Brent crude hits a May high at $103.
Brent crude returned above $100 as President Trump acknowledged oil price relief may take longer, while US stocks and bonds fell on inflation concerns.
Gold oscillates between support at the 100-day moving average and resistance at converged hourly averages, awaiting a catalyst to break the range.