Tag Archives: Oil
oil
Trump warns Iran as talks stall, raising hedging demand across oil, equities and gold markets
Trump warns Iran deadline looms as talks stall, plans Netanyahu call; Iranian media cite no US concessions.
CFTC Data Shows Oil Speculators Cut Net Longs as Inventories Rise and Demand Fears Grow
CFTC data shows non-commercial net oil positions fell to 169.9K from 178.8K, down 8.9K.
US oil rig count rises to 415 as higher crude prices spur supply response, curve flattens
Baker Hughes reported US oil rig count rose to 415, up from 410 in the previous count.
WTI tops $100 as Trump–Xi oil talk stokes Hormuz supply fears amid softer demand outlook
WTI surged above $100 amid Trump-Xi remarks; Hormuz reopening uncertainty fuels supply-risk fears, analysts warn disruptions.
Canada inflation seen at 3.1% as energy lifts headline, while core stays near 2.1%
Canada’s April inflation seen at 3.1% y/y, 0.6% m/m, driven by energy, base effects.
Rabobank Warns Hormuz Disruption Would Lift Oil Prices, With Europe Shortages Only on Prolonged Closure
Rabobank model suggests short Hormuz disruption boosts prices; yearlong closure depletes Europe buffers, forcing demand cuts.
India Raises Petrol and Diesel Prices as Crude Surge Adds to Inflation and RBI Rate Risks
India raised petrol and diesel prices by about INR 3 per litre, risking higher inflation pressures nationwide.
USD/CAD hits monthly highs as Fed hike bets lift dollar, BoC cut prospects weigh on loonie
USD/CAD hit monthly highs above 1.3750 as risk-off sentiment, rising yields, and Fed hike odds lifted dollar.
WTI tops $100 as Trump touts China crude-buy pledge, with Hormuz uncertainty supporting volatility
WTI topped $100 after Trump-Xi talks; China crude-buy claim unconfirmed; indicators bullish, key resistance at $103.80.
China urges swift reopening of Strait of Hormuz as WTI holds near $98 amid tensions
China urges reopening Hormuz Strait and lasting ceasefire; says it benefits U.S., Iran, region; WTI steady.