April 20, 2026 8:24 am
Key Moments Brent crude has recovered to USD 95/bbl as tensions rise between the US and Iran around the Strait of Hormuz. Iran’s shifting stance on access to the Strait and continued US blockade enforcement have heightened geopolitical risk and price volatility. Danske Bank warns that if flows through the Strait do not restart, Brent […]
Read moreApril 20, 2026 7:46 am
Spot Gold pulled back from a 1-month high on Monday on the back of a firmer US Dollar, as reports the Strait of Hormuz has been closed again drove oil prices higher, stoking inflation concerns and adding to prospects of further central bank interest rate hikes. Heightened tensions in the key shipping corridor weighed on […]
Read moreApril 20, 2026 7:36 am
Key Moments: XAU/USD attempts to recover from the $4,737-$4,738 area but struggles to hold above $4,800.
Read moreApril 20, 2026 6:27 am
Key Moments XAG/USD traded around $80.50 per troy ounce during Asian hours on Monday, trimming but not erasing earlier losses.
Read moreApril 20, 2026 6:20 am
Key Moments WTI trades near $86.70 during Asian hours on Monday as geopolitical tensions in the Strait of Hormuz intensify. Iran accuses the US of violating a ceasefire and promises retaliation after an alleged incident involving a commercial vessel. Market participants await Tuesday’s API inventory data, seen as a key gauge of near-term demand and […]
Read moreApril 17, 2026 2:22 pm
Key Moments WTI Crude trades near $81.50 after a 9.12% intraday drop, reversing an earlier spike above $90. Iran declares the Strait of Hormuz fully open to commercial vessels for the remainder of the ceasefire period. Earlier ING estimates indicated about 13 million barrels per day of Oil supply had been disrupted by the blockade. […]
Read moreApril 17, 2026 9:05 am
Key Moments Commerzbank economists say the current drop in global oil production exceeds any supply shock of the past 50 years, yet price gains remain smaller than in the 1970s. Lower oil intensity in developed economies and the use of strategic reserves are cited as key factors limiting the hit to purchasing power and growth. […]
Read moreApril 17, 2026 8:39 am
Key Moments Silver (XAG/USD) trades near $78.70 in a narrow range as markets await timing details on a second round of US-Iran talks. US President Donald Trump says a deal with Iran is “very close” and that Iran has “agreed to almost everything.” Pressure on the US Dollar and firmer dovish Federal Reserve expectations are […]
Read moreApril 17, 2026 8:35 am
Key Moments ING Economics projects a structural deficit in the aluminium market, with a base case shortfall of around 2Mt if current disruptions ease only gradually. Capacity losses at Gulf smelters are now estimated at about 3 million tons annually, representing nearly 50% of regional production. Aluminium prices have surged about 13% since the end […]
Read moreApril 17, 2026 7:51 am
Spot Gold was mostly steady on Friday and was on course for a fourth consecutive weekly gain amid optimism about a potential US-Iran peace deal. US President Donald Trump said the next round of talks between the United States and Iran might take place over the weekend. In addition, a 10-day truce between Israel and […]
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