December 4, 2025 2:13 pm
Key Moments Brent crude traded at $63.02 and U.S. WTI at $59.36 as the market monitored Ukrainian strikes on Russian energy infrastructure. A Ukrainian attack on the Druzhba pipeline did not interrupt oil flows to Hungary and Slovakia, according to the operator and Hungary’s oil and gas company. Fitch Ratings reduced its 2025-2027 oil price […]
Read moreDecember 4, 2025 10:08 am
Spot Silver pulled back from a fresh record high of $58.98/oz. on Thursday as a result of a probable technical correction. The 14-day Relative Strength Index (RSI) has indicated that Silver prices rose quite much for a too short period of time (overbought conditions, with index readings above the 70.00 threshold). This prompted investors to […]
Read moreDecember 4, 2025 9:07 am
Key Moments Spot gold declined 0.3% to $4,191.55 an ounce and U.S. Gold Futures for February also eased 0.3% to $4,219.46 in Asian trading. Futures markets reflected nearly a 90% implied probability of a 25-basis-point rate cut at the Federal Reserve’s December 9–10 meeting. Silver, platinum, and benchmark London Metal Exchange copper prices moved lower […]
Read moreDecember 4, 2025 8:22 am
Key Moments: Ofgem approved £28bn of energy network investment over the next five years, as part of an estimated £90bn to be deployed by 2031. The regulator expects the program to add £108 to household bills by 2031, partially offset by around £80 of efficiency-driven savings. Most of the new funding is earmarked for gas […]
Read moreDecember 4, 2025 8:10 am
Spot Gold continued holding near a six-week peak of $4,264.70/oz. on Thursday, after weak US private payrolls data added to expectations of an interest rate cut by the Federal Reserve this month. Employers in the US private sector cut 32,000 jobs in November, which has been the largest drop in payrolls since March 2023. The […]
Read moreDecember 4, 2025 7:08 am
Key Moments The Dutch TTF benchmark slid below €28/MWh on Tuesday, its lowest level since April 2024, despite an early and cold European winter. U.S. LNG cargoes have supplied about 56% of Europe’s LNG imports this year, sharply reducing the TTF-Henry Hub price spread to $4.8/MMBtu. Goldman Sachs projects TTF could fall to €12/MWh by […]
Read moreDecember 3, 2025 1:21 pm
Key Moments Copper on the London Metal Exchange climbed as much as 2.6% to trade above $11,400 a ton, setting a new record high. A sharp increase in orders for copper stored in LME warehouses in Asia added to concerns about a looming global supply squeeze. The LME copper benchmark was up about 30% for […]
Read moreDecember 3, 2025 8:21 am
Key Moments Brent February futures slipped 0.3% to $62.24 per barrel, while WTI fell 0.3% to $58.44 per barrel in Asian trading. High-level discussions in Moscow between U.S. envoys and President Vladimir Putin ended without a Ukraine peace compromise, keeping geopolitical risks elevated. The American Petroleum Institute reported a 2.48 million-barrel weekly draw in U.S. […]
Read moreDecember 3, 2025 8:02 am
Spot Gold held within striking distance of a six-week peak of $4,264.70/oz. on Wednesday, underpinned by rising expectations of an interest rate cut by the Federal Reserve this month. Recent macro data showed the US manufacturing sector activity had shrunk for the ninth straight month in November, which added to expectations of further monetary easing. […]
Read moreDecember 3, 2025 7:08 am
Key Moments Putin’s state visit to India is set to produce several agreements on trade and investment. In addition, the two sides plan to expand cooperation in Russia’s Far East, civil nuclear projects, and regulated skilled-worker migration. India has continued purchasing discounted Russian oil despite rising U.S. pressure and higher tariffs. Moreover, it has pledged […]
Read more