April Nymex Natural Gas (NGJ26) closed Monday down -0.066 (-2.07%), recovering some of last Friday’s rally of +6.09%. April natural gas prices rose to a five-week high on Monday, but then retreated and closed the day lower. Natural gas prices initially rose on Monday as crude oil soared more than 10% after Israel bombed 30…
Bitcoin (BTC-USD) rose 1% on Tuesday, extending the previous session’s gains after President Trump hinted that the US-Israel war against Iran could end soon. The token moved above $71,000 as the stock market rose and oil prices fell after Trump said the conflict with Iran could end “very soon.” Wall Street has been watching oil…
With the axiom of “buy low and sell high”, now is the time to buy low! Our economy has excellent fundamentals as oil production is at record levels, while $18 trillion in investment commitments along with 9 better trade deals should lead to a very strong economy by the second half of 2026. From the…
(Bloomberg)– Oil markets are headed for even greater chaos on Monday as the war in Iran unleashes unprecedented disruption: Major producers are curbing production as storage fills and the most important waterway for global energy markets remains virtually closed. Bloomberg’s Most Read The United Arab Emirates and Kuwait have already begun to reduce oil production…
By Shadia Nasralla LONDON, March 9 (Reuters) – Oil prices rose above $119 a barrel on Monday, reaching levels not seen since mid-2022, as some major producers cut supplies and fears of a prolonged shipping disruption gripped the market due to the escalating U.S.-Israel war with Iran. Brent crude futures were up $8.77, or 9.46%,…
April gold futures (GC=F) opened at $5,095 per troy ounce on Monday, down 1.2% from Friday’s closing price of $5,158.70. Gold has fallen 4.7% in the past week. Rising oil prices are the main catalyst for gold’s decline. The Middle East war has damaged energy infrastructure and blocked shipping through the Strait of Hormuz, through…
Oil prices surpassed $100 a barrel for the first time since the early months of Russia’s invasion of Ukraine in 2022, with no signs of slowing in what has been the fastest oil rally since the 1980s. Futures on international benchmark Brent crude (BZ=F) and US benchmark West Texas Intermediate crude (CL=F) rose more than…
March 5 (Reuters) – The U.S. Treasury Department could announce measures on Thursday to address rising energy prices, potentially including action in the oil futures market, a senior White House official said. Global oil prices have risen since the war with Iran began on Saturday, as the expanding conflict disrupts supplies from the Middle East….
The average long-term mortgage rate in the United States broke from its lowest level in 3-1/2 years this week, as bond yields rose following a rise in oil prices due to the war with Iran. The benchmark 30-year fixed-rate mortgage rate rose to 6% from 5.98% last week, mortgage buyer Freddie Mac said Thursday. A…
The Dollar Index (DXY00) has risen sharply by +1.29% to hit a 3.25-month high. The dollar is today extending Monday’s rally after oil prices soared to an 8.5-month high, boosting inflation expectations and reducing the possibility of additional rate cuts by the Federal Reserve, a supportive factor for the dollar. Market expectations for a Fed…
