April 6, 2026 8:40 am
Key Moments WTI trades near $103.30 in early European deals, easing after news of a potential 45-day US-Iran ceasefire. OPEC+ confirms a modest production increase of 206,000 bpd for May while signaling readiness to adjust output quickly. Traders await the API weekly inventory report for signals on US crude demand and supply. Ceasefire Talks Pressure […]
Read moreApril 6, 2026 8:24 am
Key Moments: Brent crude oil traded around $110 per barrel after recent attacks and Hormuz closures described as the biggest supply disruption in market history by the IEA. OPEC+ increased production quotas for May, but war-related constraints on key members continue to restrict actual supply. Oil prices remained only slightly below the $120 level reached […]
Read moreApril 6, 2026 7:24 am
Key Moments XAG/USD trades about 0.7% lower near $72.50 in late Asian dealings, moving in a tight consolidation band. Traders monitor Iran’s reaction to U.S. President Donald Trump’s Tuesday 8:00 PM ET ultimatum on reopening the Strait of Hormuz. Technical picture remains mildly bearish with prices below the 20-day EMA and the RSI at 43, […]
Read moreApril 6, 2026 5:52 am
Key Moments Gold (XAU/USD) bounced from the $4,600 area during the Asian session but showed little follow-through buying. Expectations of higher global interest rates and a firm US Dollar continued to restrict upside for the non-yielding metal. Price is holding near the 38.2% Fibonacci retracement of the March decline, with resistance seen around $4,758 and […]
Read moreApril 3, 2026 12:22 pm
Key Moments Physical Brent crude in the North Sea touched $141.37 per barrel, the highest level since 2008. The Strait of Hormuz has remained closed for more than a month, in what the International Energy Agency called the largest supply disruption in oil market history. A widening gap has emerged between physical Brent prices and […]
Read moreApril 3, 2026 9:02 am
Key Moments: Gold traded at $4,676 on Friday, below its year-to-date peak of $5,602, after two months of rangebound action. The Turkish central bank has sold 120 tons of gold worth over $20 billion in three weeks, including 70 tons last week. Analysts see scope for a move toward $5,000 and potentially $5,602 if prices […]
Read moreApril 3, 2026 8:34 am
Key Moments Nearby U.S. natural gas futures fell to their lowest level since January 16, erasing all gains attributed to winter storm Fern and putting the January 15 low at $2.689 back in play. The latest EIA report showed a 36 Bcf storage injection for the week-ending March 27, compared with a five-year average draw […]
Read moreApril 3, 2026 6:27 am
Key Moments: Silver price (XAG/USD) trades near $73.10 in Asian dealings on Friday, remaining under selling pressure. Stronger safe-haven demand for the US Dollar, coupled with hawkish 2026 central bank expectations, weighs on the non-interest-bearing metal. Rising Middle East tensions, higher energy prices, and unresolved Strait of Hormuz risks add to inflation concerns and policy […]
Read moreApril 3, 2026 5:47 am
Key Moments WTI crude trades near $103.80 per barrel after surging more than 10% following earlier declines. Sharp gains come as markets reassess supply risks tied to heightened tensions between the US and Iran in the Persian Gulf. Reports of an Iran-Oman monitoring protocol for the Strait of Hormuz briefly eased prices before optimism faded. […]
Read moreApril 2, 2026 12:57 pm
Key Moments XAU/USD is trading near $4,612, down almost 3.0% after touching a two-week high close to $4,800.
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