Crude

NEWS DESK

Crude rally extends as Strait disruption continues; OPEC’s role tested after UAE exit – Saxo Bank

News Desk 30/04/2026

Crude oil has resumed its war-driven rally, with Brent rising almost non-stop since a brief mid-month tumble to USD 86, when hopes for a peace deal and a short-lived reopening of the Strait of Hormuz triggered a sharp but temporary correction. Since then, a renewed US and Iranian blockage of

NEWS DESK

Crude: Severe supply disruption meets rising demand destruction as Hormuz closure persists – Saxo Bank

News Desk 22/04/2026

Oil prices continue to whipsaw, but with Brent holding below USD 100 after Trump extended the ceasefire with Iran, even as peace talks remain on hold due to Tehran’s refusal to negotiate while the US maintains its naval blockade, which may force Tehran to curb production within 15 days, according to JPM. The result is […]

NEWS DESK

Crude oil’s uneasy path toward 2030 and the opportunities it presents – Insights from Saxo Bank

News Desk 10/12/2025

The oil market is entering 2026 with an unusual mix of short-term comfort and long-term unease. On the surface, supply looks ample. Inventories have risen, demand growth has cooled, and parts of the curve trade with enough softness to keep macro-focused traders relaxed. But beneath that veneer sits a deeper structural tension that has only […]

NEWS DESK

Commodities Mixed: Crude Slips, Gold Holds Firm as Fed Bets Shift: Comments from Vijay Valecha , CIO – Century Financial

News Desk 24/11/2025

US Markets  After experiencing a steep selloff last week, U.S. indices ended the week with a rebound late Friday. This momentum appears to have continued at the beginning of this week, triggered by renewed hopes of a December rate cut. New York Fed President, John Williams, highlighted growing risks to employment and diminishing upside risks […]

NEWS DESK

COT Report: Dollar shorts at four-Year high, Crude slump rattles speculators – Saxo Bank

PR News Desk 30/06/2025

Speculators raise dollar short to four-year high In forex, speculative flows in the week to 24 June – when the Dollar index dropped 1% to trade near a March 2022 low – continued to favour dollar selling, with the gross short position against eight IMM futures contracts rising 8% to USD 20.3 billion — marking […]

NEWS DESK

Crude Surges, Gold Slips – Markets on Edge : Comments from Century Financial

PR News Desk 23/06/2025

Crude prices rose on Monday, briefly touching five-month highs as geopolitical risks in the Middle East escalated. Investor anxiety is mounting over potential Iranian retaliation following U.S. strikes on its nuclear facilities, especially after Iran’s parliament approved measures to potentially block the Strait of Hormuz. While oil prices initially reacted to the headline

NEWS DESK

Crude Gains, Gold Slips Amid Supply Cuts and Trade Optimism: Century Financial

PR News Desk 07/05/2025

WTI crude oil futures rose toward $60 per barrel on Wednesday, building a more than 3% gain from the last session, supported by signs of weaker US production and growing demand in Europe and China. Major producers such as Diamondback Energy and Coterra Energy announced plans to reduce their rig counts, helping to limit production. […]

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COT Report: Dollar-selling persists; Crude length trimmed ahead of OPEC output hike – Saxo Bank MENA

PR News Desk 05/05/2025

Forex: COT on forex covering the week to 29 April showed that, despite some emerging USD strength, the dollar-selling theme remained intact, with speculators lifting the gross USD short versus eight IMM futures to an eight-month high of USD 17.1 billion. While selling was broad, the main driver was renewed EURUSD buying, which increased the […]

NEWS DESK

COT Report: Crude, Gold and Grains See Mild Profit Taking– Saxo Bank MENA

PR News Desk 19/02/2025

Forex: In the forex market, speculators sold USD at an accelerated pace, leaving the gross long versus eight IMM futures down 15% on the week but still at an elevated level of USD 26.5 billion. All the major currencies, except EUR, saw net buying, led by strong demand for JPY, which lifted the net long […]

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COT Report: Commodity buying extends to fourth week, driven by crude, gas, and gold – Saxo Bank MENA

PR News Desk 27/01/2025

Forex: In forex, speculators responded to emerging USD weakness by turning net sellers of the greenback for the first time in seven weeks. Overall, however, the response to the 1.1% drop in the Dollar Index was mixed, with light net selling of EUR, CHF, and GBP being more than offset by heavy buying of JPY […]

NEWS DESK

Crude length cut ahead of Israeli strike; silver and platinum see strong demand  – Saxo Bank

PR News Desk 30/10/2024

Commodities: In the latest reporting week, the Bloomberg Commodity Index rallied 1.8%, thereby fully recouping losses in the previous week. All sectors except softs saw higher prices, led by precious metals, where all metals saw demand amid haven demand ahead of the US elections, with silver jumping more than 10% after breaking resistance-now-support at USD […]

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Buyers return to crude as gold stays strong; Yen buying hits historic levels  – Saxo Bank MENA

PR News Desk 19/08/2024

Commodities: Global financial markets have made a strong recovery, with early August’s market turmoil now a distant memory. This turnaround comes after better-than-expected US economic data reduced fears of a severe downturn in the world’s largest economy, thereby easing pressure on the Federal Open Market Committee (FOMC) to implement deep interest rate cuts.

NEWS DESK

Crude’s month-long slide halted by fresh Mideast worries  – Saxo Bank MENA

News Desk 31/07/2024

The energy sector is heading for its biggest monthly loss since May 2023, with headlines this past month being dominated by the poor outlook for Chinese demand as economic weakness persists in the world’s top importer of crude oil. In addition, the recent loss of risk appetite across key stock market sectors has also led […]