Loading...

iran

Oil Lower After Trump's Iran Comments
Oil Lower After Trump's Iran Comments

Trump Says No Attacks Ahead of MidtermsOil prices remain tightly congested ahead of the weekend. The futures market is a little softer today on the back of comments from President Trump yesterday who...

Crude Rallying on Resurgent Middle East Tensions
Crude Rallying on Resurgent Middle East Tensions

Middle East Shipping Attacks Rise AgainCrude prices are on the climb again today as traders nervously eye the recent uptick in shipping attacks in the Strait of Hormuz. Oil flows through the channel...

Oil Falls On Rising Global Supply Levels
Oil Falls On Rising Global Supply Levels

Improving Output LevelsOil prices remain soft at the start of the week as the focus stays on recovering output flows from the Middle East. In recent weeks, rising global supply has taken the focus off...

Oil Lower As Middle East Supply Fears Fade
Oil Lower As Middle East Supply Fears Fade

Oil Lower MidweekOil prices are lower midweek after a sharp fall yesterday as focus turned to easing supply concerns. Crude futures plunged lower on Tuesday as the latest data showed an uptick in...

Crude Slides On 'Phased Deal' Hopes
Crude Slides On 'Phased Deal' Hopes

Fresh US/Iran Deal HopesOil prices are cooling slightly on Friday as traders once again showed optimism over a possible end to the Iran war, or at least an agreement over reopening the Strait of...

Crude Rallies Amidst Fading US/Iran Peace Hopes
Crude Rallies Amidst Fading US/Iran Peace Hopes

Oil Turning Higher AgainAfter a correction lower from last week’s highs on rising optimism around diplomatic efforts in the Middle East, oil prices are pushing higher again today. The rebound comes...

EURUSD Plunging As Oil Fall Hits ECB Tightening Expectations
EURUSD Plunging As Oil Fall Hits ECB Tightening Expectations

EUR Selling DeepensEURUSD remains heavily sold today with the pair extending its decline amidst the ongoing fall in oil prices. The reaction in EURUSD suggests that lower oil prices are taking a...

Dollar Rallies on Hawkish Fed Speak
Dollar Rallies on Hawkish Fed Speak

Hawkish Fed CommentaryThe US Dollar is pushing firmly higher today, with bullish sentiment strengthened by hawkish Fed commentary yesterday. Chicago Fed President Goolsbee said yesterday that he sees...

Crude Falls Heavily As Iran Submits Fresh Peace Proposal
Crude Falls Heavily As Iran Submits Fresh Peace Proposal

Crude Selling DeepensOil prices are continuing to push lower on Monday following a heavy downside reversal last week. The move comes amidst easing supply fears after Saudi Arabia announced that it can...