Industrial metals rallied close to 25% from 1 Dec-2023 to 20 May-2024 as marginal optimism replaced recession fears. But prices have pulled back a bit since...
Back up to the 80-line. Brent crude rose to a close of USD 79.87/b yesterday and recovered another 1.9% of its recent losses. This morning Brent crude is...
This week, Brent Crude prices have declined by USD 2.5 per barrel (3%) since the market opened on Monday. The key driver behind this movement was...
From ”price over volume” to ”we want our market share back”. OPEC+ changed its wording big time last Sunday as it essentially shifted its strategy from ”price...
This week, Brent crude prices have declined by USD 2.3 per barrel (2.8%) since Monday’s opening, driven by fundamental market factors. The current price is near...
This week, Brent Crude prices have strengthened by USD 1.2 per barrel since Monday’s opening. While macroeconomic concerns persist, market reactions have been subdued, with price...
Brent rallied 2.5% last week on bullish inventories and bullish backdrop. Brent crude gained 2.5% last week with a close of the week of USD 89.5/b which...
So far this week, Brent Crude prices have strengthened by USD 1.3 per barrel since Monday’s opening. While macroeconomic concerns persist, they have somewhat abated, resulting...
Brent crude has fallen USD 3/b since the peak of Iran-Israel concerns last week. Still lots of talk about significant Mid-East risk premium in the current...
Historically positive Nat gas to EUA correlation will likely switch to negative in 2026/27 onward Historically there has been a strong, positive correlation between EUAs and...
