Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

WTI Slips as Profit-Taking Hits After Hormuz Recovery

July 31, 2026 6:54 am
Key Moments WTI trades near $80.50 in early European hours on Friday as recent profit-taking reverses part of the prior sharp rally. Traffic through the Strait of Hormuz has increased, with 14 commodity vessels transiting on Wednesday compared with single digits last week, according to Kpler. US crude inventories for the week ending July 24 […] Read more

Gold Slips as Dollar Rebounds on Fed, Mideast Tensions

July 31, 2026 6:33 am
Key Moments Gold (XAU/USD) trades lower in Asia after failing to extend a two-day advance above the $4,100 level. US data showed slower growth and easing inflation, but volatile crude prices and Fed hike expectations continue to underpin the USD. Technically, Gold remains in a range but is viewed as vulnerable below its 200-day SMA, […] Read more

Silver Drops as Dollar Strength Pressures Bulls

July 31, 2026 6:27 am
Key Moments Silver (XAG/USD) trades down nearly 1% around $58.40 in Asian hours as the US Dollar recovers from a three-day slide. The Federal Reserve has kept interest rates unchanged and emphasized a “no forward-guidance” stance, pressuring the Dollar’s broader outlook. Rising oil prices tied to constrained global supply and military tensions between the US […] Read more

European Gas Falls After Rally Amid Storage Concerns

July 30, 2026 8:59 am
Key Moments Front-month Dutch TTF gas futures declined 1.44% to 59.49 euro/MWh, slipping below the 60 euro level. Increased LNG arrivals into Northwest Europe and stable Norwegian pipeline flows helped cool recent price gains. EU gas storage remains around 55% full, raising concerns about refill progress before the Nov. 1 heating season start. Profit-Taking Pauses […] Read more

Oil Advances as Strikes and Inventory Cuts Support

July 30, 2026 8:43 am
Key Moments Brent Oil Futures for September rose 2.6% to $93.10 per barrel at 03:05 ET (07:05 GMT), while WTI crude futures increased 1.3% to $85.57 per barrel. Brent futures jumped nearly 8% and WTI settled 6.6% higher in the prior session, extending a sharp two-day advance. U.S. crude inventories dropped by 7.2 million barrels […] Read more

Silver Drops as Fed Holds Rates, Stays Hawkish

July 30, 2026 6:44 am
Key Moments Silver trades near $57.90 per troy ounce after giving back prior session gains amid a hawkish Federal Reserve pause. The Fed keeps its target rate at 3.5%-3.75%, with three FOMC members voting for a 25-basis-point hike, highlighting internal divisions. Rising geopolitical tensions in the Middle East and a pledged US response to attacks […] Read more