October 7, 2026 6:04 am
Key Moments WTI crude extended its advance for a second day, trading around $89.50 per barrel during Asian hours on Wednesday. The EIA lifted its Brent price outlook, projecting an average of roughly $105 a barrel in the fourth quarter and about $98 a barrel for 2026. Upside in oil remains limited as Persian Gulf […]
Read moreOctober 6, 2026 9:40 am
Key Moments Natural Gas last traded at $3.084 on the 5-hour chart, sitting just below the $3.11 resistance while overbought conditions emerged. Price remained above the 200-period SMA at $2.899 and the Ichimoku cloud, but a Money Flow Index reading of 85.44 and contact with the upper Bollinger Band at $3.115 flagged stretched momentum. Trade […]
Read moreOctober 6, 2026 8:22 am
Key Moments ICE Brent has continued to trade with firm support around the $100/bbl level amid elevated geopolitical risks in the Persian Gulf. Attacks on Saudi infrastructure, adjusted production in Kuwait, and Saudi pricing moves for Arab Light into Asia point to a complex, shifting supply landscape. European natural gas storage is just under 73% […]
Read moreOctober 6, 2026 7:54 am
Key Moments XAU/USD trades just above $4,100 after briefly touching a two-month low earlier on Tuesday.
Read moreOctober 6, 2026 5:58 am
Key Moments WTI trades near $88.60 in early Asian hours on Tuesday amid selling pressure from increased supply signals. G7 nations agreed to release 100 million barrels of diesel and crude from emergency reserves, adding to Middle East export flows. Rising tensions and infrastructure risks in the Middle East may limit downside for oil despite […]
Read moreOctober 5, 2026 9:54 am
Key Moments Benchmark Dutch front-month gas traded at 74.50 euros per MWh, edging down 0.2% while staying near multi-week highs. British wholesale front-month gas slipped 0.5% to 187.00 pence per therm amid a pause following sharp recent gains. European Union gas storage levels remained about 12 percentage points below those at the same time last […]
Read moreOctober 5, 2026 7:12 am
Key Moments Silver (XAG/USD) traded near $61.00 per troy ounce during Asian hours on Friday after rebounding from prior-session losses. Markets priced in a 77.9% probability that the Federal Reserve will leave rates unchanged at its October meeting following a weaker US Nonfarm Payrolls report. Heightened geopolitical tensions in the Middle East, including conflict in […]
Read moreOctober 5, 2026 6:56 am
Key Moments XAU/USD trades near $4,160 in early Asian hours as weaker US NFP data weigh on the US Dollar. Market-implied odds of a Fed rate hike this month drop to about 22.1% from around 70% earlier in the week. Gold maintains a bearish technical bias, holding below the 100-day SMA and the Bollinger middle […]
Read moreOctober 5, 2026 6:39 am
Key Moments West Texas Intermediate trades around $89.30 after extending losses into a second day during Asian hours on Monday. G7 nations agree to release 100 million barrels of crude and diesel from emergency reserves and pledge to avoid energy export restrictions. OPEC+ leaves November production targets unchanged while key Middle Eastern exports remain heavily […]
Read moreOctober 5, 2026 6:22 am
Key Moments Middle East crude exports surpassed pre-war averages on four of the last seven days of September, according to Kpler data. Shipments on September 24 and from September 27 to 29 ranged between 19.5 million bpd and 22.5 million bpd. WTI traded 1.23% lower at $89.25 at the time of writing, despite heightened geopolitical […]
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