Oil prices fell on Tuesday after President Donald Trump paused the Project Freedom initiative. Brent crude dropped 1.81% to $107.88 a barrel while West Texas Intermediate (WTI) slid 1.72% to $100.51. The selloff extended across the energy complex, with natural gas off 0.67% to $2.77, gasoline down 0.93% to $3.59, and heating oil losing 1.28% … Read more

Gold (XAU) trades near $4,611 as bulls press a breakout from a descending channel, eyeing a near-term move toward $4,786 if upper-band resistance gives way. The compression phase below the 50-day moving average has tightened across the daily, 4-hour, and 1-hour timeframes. April closes with bulls and bears facing a binary decision point. Gold Compression … Read more

Brent crude oil pushed past $120 a barrel today. This marked its highest level since June 2022, as the US-Iran conflict showed no signs of easing. The global benchmark has now rallied roughly 47% since the US-Israeli strikes on Iran in late February. Brent Crude Hits Highest Level Since 2022. Source: TradingView The broader energy … Read more

Silver (XAG/USD) price slipped to $73.42 on April 28, down 2.78%, as a descending triangle on the daily chart points toward a $68 downside target. The setup follows a sharp rejection from the all-time high of $121.67 set on January 29. Falling volume and weakening momentum now reinforce the bearish bias across multiple timeframes. Daily … Read more

The Strait of Hormuz is shut, with many countries facing supply shortages. Goldman Sachs estimates that 14.5 million barrels per day of Persian Gulf production losses are draining global oil stockpiles at a record rate of 11 to 12 million barrels per day through April. While the world is running out of oil, Iran is … Read more

Oil prices extended their rally on Monday as stalled US-Iran peace talks raised fears of prolonged disruption to Middle East crude supplies. With the Strait of Hormuz effectively closed, Goldman Sachs has lifted its Brent forecasts, warning of “extreme” inventory draws as the global market grapples with a supply shock. Goldman Raises Q4 Brent Forecast … Read more

Food inflation accelerated last month, and several data points now suggest the trend may continue well into the year ahead. US food and beverage company inflation surged 7.9% year-over-year in March, the biggest jump in at least 12 months.  The Kobeissi Letter noted that March’s increase was driven mostly by higher fuel prices. The full … Read more

The Middle East war has detonated inside the aviation industry. Nearly eight weeks after US and Israeli strikes on Iran triggered the effective closure of the Strait of Hormuz, jet fuel prices have more than doubled. With peak summer travel season barely a month away, the cracks are already showing. Inside the Jet Fuel Shock … Read more

HFI Research has stated that the oil market has passed its breaking point, which was projected around mid-April The analysis argues that these inventory draws will occur regardless of any reopening of the Strait of Hormuz, driven by structural and logistical constraints. This comes amid notable uncertainty around the diplomatic efforts to resolve the US–Iran … Read more

Gold, silver, and platinum prices declined on Monday as escalating tensions between the United States and Iran weighed on precious metals markets. The US Navy fired on and seized an Iranian cargo ship in the Gulf of Oman, reviving concerns before the US-Iran ceasefire expires this week. Gold, Silver, and Platinum Record Losses as Geopolitical … Read more

Gold has dropped nearly 10% since the US-Iran war erupted, as rising oil prices sidelined investors. However, strong emerging market demand is keeping the market grounded. Data from The Kobeissi Letter shows that emerging economies have accounted for roughly 70% of global gold demand over the past decade. Within this, China and India alone accounted … Read more

Brent crude surges 7.9% as the U.S. enforces a maritime blockade on Iranian ports. This created one of the most volatile and geopolitically charged oil setups in recent memory. Washington Just Pulled the Trigger — And Oil Markets Are on Fire Brent crude oil is at a critical inflection point. After a dramatic spike to … Read more