Iran, Oil
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WTI and Brent crude oil technical analysis with key levels as US-Iran news is still awaited. Despite extreme positivism in stock markets, energy commodities remain doubtful. Volatility continues to shrink,
According to Tommy Grisafi of Nesvick Trading money flow the last two sessions in the outside markets had a huge impact on ag markets.
Oil price bounced from $90 but volume, open interest, and options data all point to a hollow rally. One level decides the pattern.
Crude oil drops a bit on Tuesday, as we are starting to think about the prospect of the war in the Middle East ending.
The oil market experienced a significant decline as Iran reopened the Strait of Hormuz following a ceasefire between Israel and Lebanon.
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Analysis: A new oil shock is building. The next few weeks of war will be decisive for the economy
Oil executives and analysts warn that the Strait of Hormuz needs to be reopened by mid-April or oil-supply disruptions will get significantly worse. Benchmark oil prices reflect some optimistic scenarios that could still come true, but the window for that ...
Yes, higher crude oil prices mean a multibillion-dollar cash infusion to the oil industry. But volatility is bad for business, and sustained high prices come with very serious drawbacks.
Early Thursday soybeans were higher with corn lower and wheat mixed. Cattle were mostly lower. Corn Lower Divorcing From Crude Oil? Corn futures were lower early Thursday despite the rally in crude oil as Iran has not accepted the cease fire terms.
Shortly after the United States and Israel first attacked Iran on February 28, analysts warned that war could drive oil prices above $100 a barrel. Now, less than three weeks into the conflict, market watchers are seriously considering the possibility of ...
UBS has a post-Trump-address oil market analysis, and like other banks, their analysts note the possibility of escalation rather than de-escalation in the Strait of Hormuz. "We continue to see near-term risk to the upside for oil and gas prices, as long as ...