The global oil market has once again been thrust into a period of heightened geopolitical sensitivity, with traders increasingly focused on the strategic vulnerability of the Strait of Hormuz. The narrow maritime corridor, through which roughly a fifth of the world’s oil supply transits, has
WTI
Crude Oil WTI crude oil rose by 1.54% to 60.70 in yesterday’s session. In the early Asian session today, WTI is relatively flat around 60.64, holding firm despite the API reporting a 4.4 million-barrel build in U.S. crude inventories. Geopolitics continue to be a positive catalyst, as U.S. sanctions on Rosneft and Lukoil take effect […]
Commodities: Broad selling emerged across the commodities sector in the reporting period to 25 February, a week that, following a period of solid gains, saw the Bloomberg Commodity Index give back almost 2%. All sectors traded lower, with the agriculture sector particularly hard hit, while also the energy, precious, and industrial metal sectors were left […]
On Friday, Brent finished at its lowest level since December 2021, down to $70.6 per barrel—its lowest level since March 2023. WTI dropped to $67.2, a 14-month low. Brent saw a weekly loss of about 10%, which was made worse by the contract rollover at the beginning of the month. The decrease is 7.6% when […]













