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The Federal Reserve lowered rates by 25bp as expected but trimmed its rate cut expectations for 2025, and this has weighed on the commodities complex. Meanwhile, a somewhat soft weekly oil inventory...
European gas prices came under further pressure as ongoing discussions on Russian gas flows via Ukraine, stronger LNG imports and milder weather forecasts eased any immediate supply concerns. Other...
Brent settled flat yesterday despite rising tension between Russia and Ukraine. Developments related to Iran’s nuclear program likely countered some of the geopolitical risk Energy – Iran Counters...
The complex came under pressure on Friday after the market was left disappointed with the Chinese government’s debt package Energy – European Natural Gas Rallies Oil prices came under pressure on...
The oil market sold off aggressively yesterday after Israel’s measured response over the weekend. While it is still not clear if and how Iran will retaliate, the market is clearly of the view that...
Energy – Large US crude build Having sold off more than 1.4% yesterday, ICE Brent bounced back this morning and edged towards $76/bbl. The market continues to be caught between supply risks related...
Energy – Bullish API numbers ICE (NYSE:ICE) Brent prices are unchanged as the market cautiously evaluates the Middle East scenarios. Recent reports suggest that tropical storm Helene strengthened...
Energy - Oil advances Both NYMEX WTI and ICE (NYSE:ICE) Brent rose this morning with prices trading higher over 1% following the latest air strikes by Israel on Hezbollah targets in Lebanon,...
Energy – Saudis cut OSP Despite OPEC+ delaying its supply increase by two months, oil prices still had a weak finish to trading last week. ICE (NYSE:ICE) Brent settled 2.24% lower on Friday,...
Oil prices have come under pressure due to lingering demand concerns, while the copper market has weakened further on the back of rising inventories Energy – Russian Crude Transit Issues Oil prices...
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