Tag Archives: Oil
oil
Trump Sees Xi Leveraging Iran Influence as Oil Volatility Rises on Strait of Hormuz Risks
Trump says Xi could influence Iran, offers negotiation help, keeping Strait of Hormuz open. He warns patience.
Oil Holds Gain as Hormuz Shutdown Tightens Supply
Oil steadies near weekly gains as Hormuz stays shut, inventories fall, and US-China talks shape demand.
UOB lifts 2026 US CPI forecasts as broader price pressures persist and oil risks cloud Fed outlook
UOB warns inflation pressures are broadening, raises 2026 CPI forecasts, with oil risks potentially pushing headline near 5%.
EIA Natural Gas Storage Build Meets Forecast as Market Focus Shifts to Summer Weather Risks
EIA reported an 85 bcf U.S. natural gas storage build for week ending May 8, matching forecasts.
Russia March trade surplus beats forecasts, bolstering rouble outlook amid firmer oil export revenues
Russia’s March foreign trade balance hit $13.966bn, beating the $11.8bn forecast by $2.166bn overall.
TD Securities warns Brent may revisit $150 as inventories fall and supply risks mount
TD Securities warns oil’s calm may be brief; Brent could hit $150 if supply disruptions return.
Malaysia Fuel Subsidy Cap Hinges on USD 100 Oil, Leaving Ringgit as Key Stress Gauge
Malaysia holds RON95 fuel prices steady, keeping subsidies near 0.2% GDP if oil stays under $100.
South Korean won slides on oil, yields and equity outflows; USD/KRW tests 1500 resistance
Korean won leads Asian declines; USD/KRW volatile near 1493 as oil, yields, outflows lift upside risks.
BNP Paribas Warns Indonesia Fuel Subsidies Risk 2026 Deficit Breach, Rupiah Pressure and Funding Strain
BNP warns Indonesia’s fuel subsidies may lift deficit above 3% in 2026, debt vulnerable to yields.
USD/CAD Holds Near 1.3700 as US Yields Firm and Oil Temper Canadian Dollar Support
USD/CAD steady near 1.3700 as strong USD and higher oil support CAD; inflation lifts yields, delays cuts.
