Despite ongoing concerns in the Middle East, Crude Oil markets are facing downward pressure, with West Texas Intermediate (WTI) US Crude Oil falling below $73.00 per barrel. The recent release
The OPEC+ alliance is moving forward with its plan to increase oil production starting in October, despite concerns about lower-than-expected demand from China in the second half of 2024. These
Top financial market analysts at NAB Group report that there was minimal fluctuation in liquefied natural gas (LNG) prices during the month of July. The Japan Korea marker stayed within
As the year progresses, TDS senior commodity strategist Daniel Ghali warns that global markets are approaching their most vulnerable moment. Systematic Selling Activity Driven by Unwinding Carry Trades Ghali notes
Throughout the week, oil prices have been on a rollercoaster ride, reacting to a mix of geopolitical tensions and demand worries. The week started with prices tumbling as concerns about
The Joint Ministerial Monitoring Committee (JMMC) of OPEC+ decided to keep production policy intact at its recent virtual meeting, according to Commerzbank’s commodity analyst Carsten Fritsch. This decision was expected,
According to TDS commodity strategist Daniel Ghali, energy markets are currently not factoring in a significant rise in supply risk premia. Analysis of Energy Supply Risk Premia Ghali's analysis of
On Wednesday, West Texas Intermediate (WTI) US Crude Oil soared to $78.00 per barrel following a larger-than-expected decline in US Crude Oil inventories reported by the Energy Information Administration (EIA).
As the European gas price experiences a recent uptick, Commerzbank’s commodity analyst Carsten Fritsch assures investors that the market is expected to stay calm in the short term. Weak Demand
As the world's leading investment manager and financial market journalist, I bring you the latest update on the Crude Oil market. Despite finding support above $77, bearish pressure continues to