Tag Archives: Oil
oil
USD/CHF edges higher as Hormuz risks and hawkish Fed minutes underpin the US Dollar
USD/CHF climbed to 0.7870 as firm dollar, US-Iran tensions, and Fed rate-hike signals supported demand.
US crude stocks hit near-year low as record exports drain inventories amid Middle East turmoil
US crude stockpiles hit near-year lows as record exports surged amid Middle East conflict and Hormuz closure.
Russia’s April PPI surge fuels rouble support and stokes commodity-led global inflation fears
Russia’s producer price index jumped 6.1% month-on-month in April, accelerating sharply from March’s 2% increase.
EIA crude draw beats forecasts as refinery runs rise, supporting near-term WTI upside
EIA reported a 7.864 million-barrel crude stock draw, nearly 5 million more than the expected 2.9 million.
USD/CAD near one-month highs as firmer US Dollar offsets softer oil and weaker Canadian inflation
USD/CAD neared one-month highs as stronger US Dollar, softer crude, and Middle East tensions pressured Canadian Dollar.
Oil eases from peaks but holds above $100 as US-Iran tensions and inventory data loom
Oil prices eased from peaks but stayed above $100 as US-Iran tensions and supply fears persisted.
Indian rupee hovers near record lows as oil above $100 and US yields lift USD/INR
Indian Rupee hovered near record lows as rising oil prices, Iran tensions, and yields supported USD/INR.
Deutsche Bank sees Hormuz risk keeping oil-yield link alive as Brent holds above $110
Brent held above $110 amid Hormuz constraints; yields rose on rate-hike odds; European gas prices surged.
Euro holds near six-week low as oil stays above $100, US-Iran tensions lift dollar
Euro steady near 1.1600 as Iran tensions lift dollar, oil above $100; Eurozone inflation, Fed minutes awaited.
WTI steadies above $103 as Trump delays Iran strike and Hormuz closure squeezes supply
Trump paused Iran strike; Hormuz still mostly closed, NATO deadline looms, API shows big draw; WTI rebounds above $103.
