April 1, 2026 1:45 pm
Key Moments Oil prices are currently about 60% above pre-war levels, according to RaboBank Global Strategist Michael Every. The closure of the Strait of Hormuz has led to acute product shortages in some regions, with Asia particularly impacted in diesel and jet fuel. RaboBank warns that a months-long conflict could generate an energy shock comparable […]
Read moreApril 1, 2026 8:50 am
Key Moments BoJ policymaker Toichiro Asada stated that rising oil prices have created upside risks to inflation during European trading hours on Wednesday. Asada warned that higher energy costs are also weighing on growth and contributing to a stagflationary trend that is difficult to manage with monetary policy alone. The Japanese Yen showed no immediate […]
Read moreApril 1, 2026 8:41 am
Spot Silver held not far from a 2-week peak of $75.62/oz. on Wednesday, as the US Dollar pulled back from recent highs, amid signs of de-escalation in the Middle East conflict, which could push Oil prices down and alleviate concerns over central bank interest rate hikes. US President Donald Trump told aides that he was […]
Read moreApril 1, 2026 7:00 am
Key Moments EU energy commissioner warned that oil and gas prices in Europe will not return to normal levels in the foreseeable future, even if the war involving Iran ends immediately. Gas prices in Europe have risen about 70% and oil prices about 60%, lifting the EU’s fossil fuel import bill by €14bn since the […]
Read moreApril 1, 2026 6:59 am
Spot Gold held in proximity to a 2-week peak on Wednesday, as the US Dollar pulled back from recent highs, amid signs of de-escalation in the Middle East conflict, which could push Oil prices down and alleviate concerns over central bank interest rate hikes. US President Donald Trump told aides that he was willing to […]
Read moreApril 1, 2026 6:29 am
Key Moments XAG/USD trades near $74.20 per ounce, ending a three-day rise as safe-haven demand fades. US President Donald Trump signaled a possible end to the Iran conflict within weeks, boosting risk appetite. Silver fell nearly 20% in March; however, easing tensions may help prices stabilize. Silver Loses Momentum After Three-Day Rally Silver prices (XAG/USD) […]
Read moreApril 1, 2026 6:02 am
Key Moments WTI trades near $98.60 per barrel in Asian hours after a drop of more than 4% in the previous session. UAE officials seek a UN Security Council mandate for a multinational mission to secure the Strait of Hormuz. OPEC output in March fell by 7.3 million bpd to 21.57 million bpd, the lowest […]
Read moreMarch 31, 2026 2:02 pm
Key Moments Spot LNG prices in Asia surged by 70% to three-year highs amid a Middle East war and disrupted gas flows. China, India, Japan, South Korea, and much of South and Southeast Asia have increased reliance on coal-fired generation to offset gas shortages. Coal prices have risen by 17% since the conflict began, far […]
Read moreMarch 31, 2026 1:21 pm
Key Moments Spot gold climbed 1.8% to $4,593.12 per ounce, reaching its highest level since March 20. Despite the rebound, gold has fallen more than 13% this month and remains on course for its sharpest monthly decline since October 2008. Goldman Sachs maintained a year-end 2026 price target of $5,400 per troy ounce, expecting two […]
Read moreMarch 31, 2026 8:46 am
Spot Silver extended gains on Tuesday as some optimism over de-escalation in the Middle East conflict has crept in. Yet, the metal was on course for its steepest monthly drop since September 2011 due to a firmer US Dollar and diminishing expectations of Federal Reserve interest rate cuts this year. US President Donald Trump told […]
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