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2023-01-19T17:20:33+0000
WTI
OPEC+ leaves oil supply on hold as Russia price cap starts
Following the G7 decision to cap prices of Russian seaborne oil at $60, supply targets were left on hold after the OPEC+ meeting over the weekend. This comes at a time when the outlook is very difficult to predict.
2022-12-05T08:41:07+0000
Crude oil rebounds, with OPEC adding to a plethora of major price moving factors
Crude comes back into focus this weekend, with the OPEC+ production decision coming ahead of the expected G7/EU price cap on Russian oil
2022-11-30T17:21:37+0000
Early Morning Call: GBP/USD at lowest level since decimalisation in 1971
GBP in the mire dropping to a record low against the dollar, but down across the board. Europe expected to open mixed after the DAX and CAC hit a new low for the year on Friday. FTSE 100 is up while Asia is down overnight.
2022-09-26T08:39:33+0100
Gold, oil and cotton prices come under selling pressure again
A renewed outbreak of risk aversion has hit commodities, driving gold and cotton lower and causing oil to reverse course again.
2022-09-16T10:50:26+0100
WTI price weakness likely to continue as tensions rise
Markets remain increasingly volatile and oil is quick to react to news headlines and sentiment changes.
2022-08-03T12:56:58+0100
WTI and natural gas prices rally while gold slides
The short-term outlook on WTI and natural gas is bullish while that of gold remains bearish.
2022-07-19T08:38:06+0100
Gold, silver and oil prices drop on recession fears
The short-term outlook on gold, silver and oil is bearish as China is forced to re-introduce lockdowns due to new Covid-19 outbreaks and as global recession fears mount.
2022-07-12T08:27:14+0100
Gold, oil and copper prices stabilise ahead of US unemployment data
The short-term outlook on gold, oil and copper is cautiously bullish after a week of sharp declines.
2022-07-08T08:36:13+0100
