The LME 3mth alu price has bounced 4.5% past two days but its a far cry from 2022 impacts. The 3mth aluminum price has bounced 4.5% (+96...
A fight between short-term C-t-G differentials at EUR 40-60/ton and longer term values of EUR 100/ton already in 2026. The value of an EUA today is...
Risk off across the board with oil down 2%. Trading strategies looks fixed at sell-on-rallies ignited by Mid-East tensions. It is of course a risk-off day today...
Brent crude is jumping 2.6% to USD 79.4/b this morning following the US/UK attack on more than 60 Houthi rebel targets in Yemen. The US/UK is...
Last week, Brent crude experienced a notable gain of USD 1.7/b, concluding Friday at USD 78.8/b, propelled by escalating risks in the Middle East. However, this...
2024 looks to be a very good year for OPEC+. IEA’s crystal ball projects a marginal 0.2 m b/d decline in the need for oil from...
Thumbs down was first reaction by financial market. The market gave the decision from the latest OPEC+ meeting an unexpectedly bearish reception. Yes, it was an unusual...
All eyes are now back at OPEC+ after the recent fall in oil prices along with weakening crude curve structures and weakening economic statistics. OPEC+ will have...
Production in Venezuela and Iran is on the rise and is set to rise further in the coming months and in 2024. Combined their production could...
Brent crude traded down 0.4% earlier this morning to USD 91.8/b but is unchanged at USD 92.2/b at the moment. Early softness was probably mostly about...