May 18, 2026 8:44 am
Key Moments WTI crude traded around $102.70 during Asian hours on Monday, marking a third straight session of gains. Drone attacks on the UAE and Saudi Arabia, along with rising US-Iran tensions, intensified fears of a global oil supply squeeze. The expiration of a US waiver on Indian purchases of Russian seaborne oil added to […]
Read moreMay 18, 2026 7:49 am
Key Moments Brent crude futures for July advanced 1.81% to $111.27 per barrel, while June WTI rose 2.15% to $107.69 per barrel amid renewed tensions with Iran. Japan’s 10-year government bond yield climbed to 2.8%, its highest level since the late 1990s, as the Nikkei 225 pulled back 0.9% from recent record intraday highs. The […]
Read moreMay 18, 2026 7:12 am
Key Moments Gold (XAU/USD) has struggled to extend an intraday rebound after hitting its lowest level since March 30 around $4,480 during Monday’s Asian session. Persistent geopolitical tensions and firmer crude oil prices have supported the US Dollar, reinforcing expectations for a more hawkish Federal Reserve stance. Technical signals, including price action below $4,500 and […]
Read moreMay 18, 2026 5:57 am
Key Moments Silver trades near $74.20 per troy ounce, marking a third straight session of declines. India immediately restricts nearly all Silver imports, tightening local supply but dampening global demand. UBS cuts Silver investment demand forecast to 300 million ounces and now projects a sharply smaller global deficit of 60–70 million ounces. India’s Import Clampdown […]
Read moreMay 15, 2026 2:28 pm
Key Moments Chinese aluminum production in the first quarter exceeded the government-imposed cap, supported by high prices and abundant alumina. Increased Chinese exports and still-constrained Gulf supply point to limited downward pressure on aluminum prices. A major Swiss commodities trader projects a 2 million ton supply deficit this year and warns of potentially “paper-thin” inventories […]
Read moreMay 15, 2026 2:02 pm
Key Moments Bulgaria, Finland, France, Poland and Sweden oppose a single Brussels-led “central scenario” for EU power grid planning, favoring stronger regional and national roles. The dispute centers on the EU’s proposed Grids Package, including a €1.2 trillion investment by 2040, and how authority over project planning and congestion revenues is allocated. Negotiations on the […]
Read moreMay 15, 2026 12:04 pm
Key Moments Copper on the London Metal Exchange has reached record highs above USD 14,000 per ton, supported by structural demand from the energy transition and data centers. The US Department of Commerce is expected to decide by the end of June on whether to expand existing metal tariffs to include refined copper from 2027. […]
Read moreMay 15, 2026 10:01 am
Key Moments Brent crude futures moved higher overnight to $107.00/bbl, a gain of +1.21%. Earlier, Brent had finished the prior session nearly flat at $105.72/bbl, up just +0.09% on the day. Late-session strength in oil coincided with a more hawkish repricing of Federal Reserve policy, with futures nearly fully discounting a rate hike by June […]
Read moreMay 15, 2026 8:41 am
Key Moments Henry Hub natural gas has stabilized around $2.80/MMBtu after earlier withdrawal-season volatility. RBC Capital Markets projects a Q2 trading range of $2.76-3.25/MMBtu before firmer prices emerge later in the year. The bank anticipates Henry Hub moving above $3.51/MMBtu later in 2026, with further upside risk into 2027 as structural balances tighten. Current Market […]
Read moreMay 15, 2026 8:04 am
Key Moments WTI trades around $98.20, advancing for a second straight session during Asian hours on Friday. Price remains above the nine-day EMA at $97.06 and the 50-day EMA at $91.12, reinforcing a bullish technical bias. Upside focus centers on resistance near $107.50, with key downside levels at $97.06, $92.40, $91.12, and $86.92. Constructive Technical […]
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