Oil

NEWS DESK

Why Did Oil Prices Crash So Fast When the Strait of Hormuz Isn’t Even Fully Open Yet?

News Desk 03/07/2026

Brent crude has retreated to the low $70s after surging above $120 per barrel during the closure of the Strait of Hormuz, but the sharp decline may be masking continued risks to the global oil market, according to eToro. Although prices have largely returned to pre-conflict levels, the Strait

NEWS DESK

Stocks Rise While Oil and Gold Stay Under Pressure – Comments from Century Financial

News Desk 30/06/2026

Gold & Silver Precious metals remain on the back foot as US-Iran tensions raise inflation risk. Both metals dropped 1-2% yesterday. In today’s session, gold broke below $4,000 briefly before recovering, while silver trades around $59. US and Iran sent conflicting signals ahead of fresh talks to restore peace. Washington said negotiations with Tehran are […]

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Markets Rebound on Micron Surge, Softer Oil and PCE Watch – Comments from Century Financial

News Desk 26/06/2026

Gold & Silver Precious metals continue to face selling pressure, with Gold falling 2.71%, breaching below the $4000 mark, while Silver witnessed a sharp 6.69% drop to fall below the $60 level on Wednesday. Thursday’s Asian session sees the trend continue, with Gold trading 0.50% lower and Silver trading 0.70% lower. The pressure continues on […]

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Oil prices reset as stranded Gulf barrels head for market- Saxo Bank

News Desk 24/06/2026

Oil prices have continued to retreat, with Brent crude falling below USD 76 per barrel to trade only around 7.5% above the USD 70 ceiling that capped prices before the Strait of Hormuz disruption. The move lower may appear counterintuitive given that the world has just experienced the largest oil supply disruption on record, resulting […]

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Markets Turn Cautious as Gold Falls, Oil Weakens and Micron Looms – Comments from Century Financial

News Desk 23/06/2026

Gold & Silver Gold is down by abut 1.81% in the day and is currently trading at $4,116. From a fundamental standpoint, Deutsche Bank AG reduced its gold price forecasts by as much as 22%, as investors grew more wary of the outlook for US monetary policy and investment demand for the precious metal dried up. Furthermore, […]

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Oil Weakens on Diplomacy Hopes, Dollar Strength Keeps Pressure on Gold – Comments from Century Financial

News Desk 22/06/2026

Gold & Silver Gold is down about 0.34% in the day, and is currently trading at $4,204. From a fundamental standpoint, gold rebounded from the day’s lows after the US and Iran made “encouraging progress” in talks on a peace deal and will continue technical-level discussions this week, according to mediators Qatar and Pakistan. The […]

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Oil retreats as peace hopes rise, but depleted inventories may limit the downside – Saxo Bank

News Desk 17/06/2026

Crude oil prices have continued to retreat as markets increasingly price in a peaceful resolution to the Middle East crisis and a gradual reopening of the Strait of Hormuz. Following President Trump’s announcement of an interim agreement and reports that a formal signing could take place later this week, several banks including Morgan Stanley and […]

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U.S. Stocks Rebound as Middle East Tensions Lift Oil and Dollar – Comments from Century Financial

News Desk 11/06/2026

US Markets US equity markets witnessed yet another day of weakness with the SPX index falling 1.65% and the NDX index dipping 2.29% by closing on Wednesday. The Asian session on Thursday is seeing some support for both indices, with the SPX trading 0.57% higher and the NDX trading 0.98% higher. With this, the indices […]

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From Oil to Algorithms: How the UAE Is Positioning Itself in the Global AI Economy

News Desk 04/06/2026

Artificial intelligence is reshaping the foundations of economic competition. What was once a race for natural resources, trade routes and industrial capacity is increasingly becoming a race for computing power, data infrastructure and the ability to develop and deploy AI at scale. The shift has turned data centres, advanced computing capacity and digital infrastructure

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Strong Start to June: Equities Rise, Gold Slips, Oil Gains – Comments from Century Financial

News Desk 01/06/2026

U.S. Markets U.S. equity futures advanced on Monday as Wall Street looked to begin June on a strong footing after ending May at record highs. At the time of writing, the S&P 500 is up 0.38%, while the Nasdaq 100 gains 0.67%. The major averages wrapped up a strong month, supported by easing geopolitical tensions […]

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Oil Markets: Diplomatic Hope vs. Geopolitical Reality as Supply Risks Intensify

News Desk 21/05/2026

Oil markets remain locked in a battle between hopes for diplomacy and mounting geopolitical risks, with supply concerns continuing to dominate price action and sentiment. According to Nagham Hassan, Market Analyst at eToro, the market has moved beyond pricing in a temporary geopolitical premium and is now reacting to what increasingly resembles a structural supply […]

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Oil Prices and Rising Yields Keep Markets on Edge – Comments from Century Financial

News Desk 20/05/2026

U.S. Markets The S&P 500 ended Tuesday’s trading session 0.65% lower and marks its third day in the red as bond yields still remain elevated. On Tuesday, the 30-year U.S. Treasury yield topped 5.19%, marking its highest level in nearly 19 years. The 10-year Treasury yield at one point hit 4.687% to reach its highest […]

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Oil and Gold React to Trump Iran Signals – Comments from Century Financial

News Desk 19/05/2026

Crude Oil Oil edged lower after President Trump said he would postpone a planned strike on Iran that was scheduled for Tuesday, allowing time for further negotiations. Additionally, Washington also suggested a temporary waiver on the oil sanctions imposed on Iran until a deal was finalized. After gaining 2.6% in yesterday’s session, Brent dipped to around $110 per barrel

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CPI Report Moves Stocks Dollar Oil and Gold – Comments from Century Financial

News Desk 13/05/2026

US Markets The US equity markets closed slightly lower on Tuesday after a volatile session that saw initial losses of around 1% for the SPX index and more than 2% for the NDX index. The indices recovered a major portion of yesterday’s losses, declining 0.19% and 0.88%, respectively. Tables seemed to have turned again, with […]

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Global Markets Rise on Easing Geopolitical Tensions and Falling Oil Prices – Saxo Bank

News Desk 07/05/2026

Macro headlines US-Iran peace hopes moved from a geopolitical headline to the main macro driver. Oil fell sharply on Wednesday as markets priced a lower risk of prolonged disruption in the Strait of Hormuz, after the US reportedly sent a one-page proposal through Pakistan aimed at ending the conflict and gradually reopening the waterway. Iran […]

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Dollar Eases, Oil Cools, Gold Rebounds as Diplomatic Hopes Return – Comments from Century Financial

News Desk 06/05/2026

U.S. Dollar The U.S. Dollar Index is trading near 98.07, down 0.42%, in early Asian hours, edging lower as oil prices retreat amid easing tensions in the Middle East, reducing safe-haven demand for the greenback. Sentiment improved after President Trump announced a temporary pause in U.S. escort operations through the Strait of Hormuz, citing progress […]

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Oil Surges to Wartime Highs as Supply Shock Deepens – Comments from Century Financial

News Desk 30/04/2026

US Dollar Index The US Dollar Index (DXY) continued its upward move, closing the last session up 0.35% at $98.68. The strength is carrying in today’s Asian morning session as well, with the index trading around $98.77, up another 0.10%, supported by a firm tone following the Fed decision. The dollar is staying strong after […]

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Markets Hold Highs as Oil Shock Tests Momentum – Comments from Century Financial

News Desk 24/04/2026

U.S. Markets SPX edged slightly lower yesterday amid the geopolitical developments which kept oil prices and yields elevated. However, the index’s close above the $7,100 level is a positive sign, given that the 0DTE options market now shows the highest positive GEX concentration at this strike. In today’s session, the index is trading 0.3% higher, […]

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Markets Hit New Highs but Oil Is Changing the Narrative – Comments from Century Financial

News Desk 23/04/2026

U.S. Markets The SPX notched another record close yesterday amid optimism over an extended ceasefire. The index rose 0.6% yesterday, closing at $7,130 with tech and AI infrastructure stocks driving the momentum. However, it is trading slightly lower today at around $7,100 amid developments in the Strait of Hormuz and rising oil prices. The bias […]

NEWS DESK

Equities Hold Firm as Oil and Geopolitics Reshape the Outlook – Comments from Century Financial

News Desk 20/04/2026

U.S. Markets  The SPX notched a solid performance last week, gaining 4.5% and reaching all-time highs, propelled by a relief rally in the broader technology sector (which is more immune to energy shocks). In today’s session, SPX is trading slightly lower, down 0.67% to around $7,070, following developments over the weekend that led to a spike in […]