Energies
Energies, Market Analysis, Technical Analysis
Crude Oil Falls Towards $101 as US-Iran Diplomacy Raises Hopes of Supply Stabilisation
Crude oil prices have fallen towards $101 a barrel as renewed diplomatic efforts to ease tensions between the United States and Iran raise hopes of avoiding further disruption to global energy supplies. The prospect of renewed negotiations is reducing some of the geopolitical risk premium in oil markets, although uncertainty surrounding the conflict continues to […]
by Currency Hedger
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- 3 weeks ago
Energies, Market Analysis, Technical Analysis
Chart of the day: European gas ever closer to 100 EURMWh
Key takeaways European natural gas (NATGAS.EU, a contract based on Dutch TTF) is trading today at 95.41 EUR/MWh, and in early trading the price reached as high as 97.5 EUR/MWh, the highest level since 2022. This is a continuation of one of the most dynamic price rallies in commodity markets this year: +8.78% weekly, +35.51% […]
by Currency Hedger
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- 3 weeks ago
Energies, Market Analysis, Technical Analysis
WTI Crude Oil Price Forecast: Pulls Back Below $100.50 as Middle East Risks Sustain Bullish Potential
WTI crude oil prices are retreating after opening the new week on a weaker footing, slipping below $100.50 as hopes of easing hostilities in the Middle East prompt some profit-taking following a recent five-month high. However, the broader bullish outlook remains supported by unresolved geopolitical risks, with the standoff involving Iran, Yemen’s Houthi movement and […]
by Currency Hedger
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- 3 weeks ago
Energies, Market Analysis, Technical Analysis
US Natural Gas Plunges to $2.51 as Warm Weather Forecasts Weigh on Heating Demand
US natural gas prices have fallen more than 4% to $2.51 per MMBtu, reaching their lowest level since October 2024 as warmer-than-normal weather forecasts reduce expectations for near-term heating demand. The decline reflects a combination of subdued consumption expectations and a recovery in domestic production, although strong flows to liquefied natural gas (LNG) export terminals […]
by Currency Hedger
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- 3 weeks ago
Energies, Market Analysis, Technical Analysis
European Natural Gas Prices Surge Above €95 as Supply Risks Intensify Ahead of Winter
European natural gas prices have climbed above €95/MWh, reaching their highest level since 2022 as escalating military conflict in the Middle East raises concerns over global LNG supplies and Europe’s ability to meet winter demand. Disruptions to shipments from the Persian Gulf, combined with below-average seasonal storage levels and falling temperatures, are increasing the risk […]
by Currency Hedger
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- 3 weeks ago
Energies, Market Analysis, Technical Analysis
Trade of the Day: Brent Crude Oil Forecast for Monday — Can Oil Reverse Below $111.53 as Geopolitical Risk Peaks?
Oil Market Outlook: Monday’s Trading Focus Brent crude oil enters Monday’s session at a critical technical and fundamental juncture, with the closing reference price of $111.53 per barrel placing the market close to the major resistance zone around $112.50. After rebounding sharply from July’s low near $70, oil has rallied to five-month highs as geopolitical […]
by Currency Hedger
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- 3 weeks ago
Energies, Market Analysis, Technical Analysis
Energy Commodities Update: Natural Gas Plunges 6.08% as Oil and European Gas Prices Rally
Energy commodity markets are showing sharply divergent price movements, with natural gas falling 6.08% while crude oil, Brent crude, propane and German natural gas prices advance. Methanol also declined, slipping 0.76%, highlighting the contrasting performance across the energy complex. Crude oil gained 3.99%, while Brent rose 3.30%. Propane advanced 4.04%, and Germany Natural Gas THE […]
by Currency Hedger
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- 3 weeks ago
Energies, Market Analysis, Technical Analysis
Brent Crude Oil Surges Above $116 to Four-Year High as Iran Conflict Escalation Threatens Global Supply
Brent crude oil has climbed above $116 a barrel, reaching its highest level in more than four years as escalating tensions involving the United States, Israel and Iran intensify concerns about potential disruptions to global energy supplies. Prices advanced more than 6% over the week as traders increased their assessment of the risk of further […]
by Currency Hedger
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- 3 weeks ago
Energies, Market Analysis, Technical Analysis
US Natural Gas Prices Hit Two-Month Low at $2.76 as Mild Weather Forecasts Weigh on Heating Demand
US natural gas futures have fallen to $2.76 per MMBtu, their lowest level in two months, as forecasts for above-average temperatures across major US population centres reduce expectations for early-season heating demand. The decline comes despite supportive signals from below-average storage injections, strong liquefied natural gas (LNG) export demand and a recent reduction in domestic […]
by Currency Hedger
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- 3 weeks ago
Energies, Market Analysis, Technical Analysis
WTI Price Forecast: Advances above mid-$98.00s as bullish setup backs additional gains
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts fresh buyers on Thursday, climbing to the $98.70 zone during the Asian session. The commodity remains within striking distance of its highest level since September 15, touched earlier this week, amid Concerns about a further escalation of tensions in the Middle East […]
by Currency Hedger
- 0 Comments
- 3 weeks ago