Facts Recommendation Short OIL at market price View The prospect of renewed U.S.-Iran negotiations roughly six weeks before the U.S. congressional midterm elections may give Tehran an opportunity to negotiate more favorable terms for a potential agreement. The United States has already committed substantial financial resources to the war in the Middle East, while American […]
Today Markets Analysis European natural gas prices moved lower on Thursday, falling below €78/MWh, but the decline remains relatively modest against the scale of the supply risks facing the European market. The Dutch TTF benchmark remains close to multi-year highs as traders assess whether Europe can rebuild gas inventories sufficiently before the 2026/27 heating season. […]
Today Markets Analysis: Crude oil prices rose sharply on Tuesday as overlapping supply disruptions in Saudi Arabia and Libya intensified concerns over global availability. Brent crude gained 0.9% to $107.39 a barrel, while WTI crude rose 1.17% to $103.51. The latest move follows Saudi Arabia’s decision to cancel part of its September oil shipments to […]
Today Markets Analysis: European natural gas prices climbed back above €81/MWh on Wednesday, reversing the previous session’s decline as concerns over winter supply security continue to build. With the heating season approaching, traders are increasingly focused on the combination of restricted LNG flows, below-average European storage and temporary reductions in Norwegian pipeline supplies. The market […]
Today Markets Analysis: Crude oil has fallen back below $105 per barrel, retreating from four-month highs after US industry data showed a surprisingly large increase in crude inventories despite worsening supply disruptions across the Middle East. The pullback highlights the growing tension between a bearish US inventory signal and an increasingly fragile global supply picture. […]
Commodity Overview It is worth noting the low RSI on the part of coffee, gold, and nickel, while at the same time an extremely high level is found on oil and European gas. Source: XTB Natgas European Natgas is already trading around 83 EUR/MWh, approaching resistance associated with the 127.2 Fibonacci retracement of the March-April […]
Today Markets Analysis: WTI crude oil has reclaimed the $99 per barrel level, extending its recent advance as escalating Middle East tensions raise concerns over regional supply and keep a geopolitical risk premium embedded in oil prices. With crude trading close to its highest levels since May, the market remains focused on the potential for […]
Today Markets Analysis: European natural gas prices remained above €82/MWh on Tuesday, reaching their highest level since late 2022 as traders increasingly focused on the potential for prolonged disruption to global LNG supplies and Europe’s already fragile winter storage position. The combination of uncertainty around the Strait of Hormuz, reduced LNG tanker traffic and ongoing […]
Today Markets Analysis: Crude oil climbed above $102 per barrel on Tuesday, as traders continued to price heightened uncertainty around global supply and the risk of further disruption across key Middle Eastern energy routes. The latest move comes as Saudi Arabia’s East-West pipeline remains shut following drone attacks. The pipeline provides an alternative route for […]
Brent crude has pushed above $108 a barrel as disruption across the Middle East increasingly threatens physical oil supplies. What began as a geopolitical risk premium is developing into a much more serious question: how many barrels can actually reach the market? Oil markets have entered a new phase. Brent crude has surged back above […]