May 16, 2025 10:18 am
Key Moments: Dutch TTF rose 0,75% to €35.56 on Friday. Gas demand for power generation jumped 173 GWh/day on expectations of weaker wind output. Peace talks between Russia and Ukraine in Istanbul attracted market attention. Stability Defines Friday Gas Trade European wholesale gas prices remained in a tight trading band on Friday morning, supported by […]
Read moreMay 16, 2025 8:49 am
Key Moments: West Texas Intermediate (WTI) futures hit $60.90 on Friday. Brent futures contracts slipped below the $65 mark. Crude oil prices are still on course to climb in terms of their weekly performance amid support by the US-China trade agreement that helped ease demand concerns. Trade Progress Supports Crude WTI crude oil futures fell […]
Read moreMay 16, 2025 8:00 am
Spot Gold retreated on Friday and looked set to register its largest weekly loss since early November 2024, as the US Dollar headed for its fourth straight week of gains and as fading global trade tensions weighed on the safe-haven allure of the metal. The US and China agreed this week to temporarily lower harsh […]
Read moreMay 15, 2025 9:08 am
Key Moments: WTI crude futures declined approximately 4% on Thursday. US crude inventories rose by a further 3.5 million barrels last week. President Trump reportedly conveyed his optimism regarding the forging of an agreement with Iran and claimed that Iranian officials have accepted the terms. Crude Futures Hit by Fears of Oversupply Thursday witnessed West […]
Read moreMay 15, 2025 9:07 am
Spot Silver registered a fresh 1-month low of $31.65 on Thursday, as easing US-China trade tensions weighed on safe-haven demand. During high-profile trade talks in Switzerland over the past weekend, the US and China agreed to significantly lower tariffs, which alleviated global trade anxiety. US tariffs on Chinese imports will be reduced from 145% to […]
Read moreMay 15, 2025 6:56 am
Spot Gold extended losses, while plumbing a fresh 5-week low of $3,120.76 on Thursday, as easing US-China trade tensions weighed on the safe-haven allure of the metal. During high-profile trade talks in Switzerland over the past weekend, the US and China agreed to significantly lower tariffs, which alleviated global trade anxiety. US tariffs on Chinese […]
Read moreMay 14, 2025 7:14 am
Spot Gold retreated on Wednesday, while erasing the gains from the prior trading day, as easing US-China trade tensions reduced the safe-haven appeal of the metal. According to a White House executive order, the US will reduce the “de minimus” tariff for low-value shipments from China to 30%. US President Trump said on Monday that […]
Read moreMay 13, 2025 2:19 pm
Key Moments: Natural gas futures moved above $3.67/MMBtu on Tuesday, approaching a one-month high of $3.8 reached on May 9th. Lower 48 natural gas production declined to 103.7 bcfd in May, down from April’s record 105.8 bcfd LNG feedgas demand dropped to 15.1 bcfd, attributed to maintenance at major US export terminals. Market Overview US […]
Read moreMay 13, 2025 1:59 pm
Key Moments: US egg prices declined 12.7% in April, dropping for the first time in months. Prices in April were still 79% higher year-over-year. April’s decline followed two consecutive record-breaking months, with prices peaking at $6.23 per dozen in March. Prices Ease but Remain Elevated Retail egg prices in the United States dropped in April […]
Read moreMay 13, 2025 11:01 am
Key Moments: Tuesday witnessed Brent futures climb to $65.48 per barrel, extending gains for the fourth consecutive session. WTI crude reached $62.53 per barrel, also logging its fourth straight rise. OPEC output increased by 411,000 barrels per day in May, exceeding expectations since April. Crude Futures Extend Rally Amid Shifting Geopolitical Focus Oil markets advanced […]
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