US crude stockpiles rise 922,000 barrels, defying draw expectations
US crude inventories rose 922,000 barrels, defying draw expectations, while product draws were larger than forecast.
Gold, crude oil, industrial metals and agricultural products: supply and demand, inventories and geopolitical risk.
US crude inventories rose 922,000 barrels, defying draw expectations, while product draws were larger than forecast.
Crude oil fell as US-Iran negotiations eased tensions and the US offered 40 million barrels from its strategic reserve.
Goldman Sachs says Persian Gulf oil exports, including dark flows, have returned to the 2025 average after doubling in September, with Saudi Arabia leading…
OPEC+ is expected to keep November quotas unchanged at Sunday's meeting, with the Iran war limiting actual output and making flows more important than targets.
Qatari mediation made little progress, raising chances of renewed combat. US officials believe Trump may order major operations after midterms.
Brent dropped about 2.5% and WTI about 3.5% on Tuesday as recovering Middle East exports and US supply moves outweighed Iran war risk.
Senior economist Tracy Shuchart discusses oil market tightening, refining shortages, and implications for BTC and hard assets.
A private survey shows an unexpected crude oil build, contrary to the expected draw.
JPMorgan pegs Bitcoin's production cost near $85,000, a level that has acted as a soft floor while miners cut selling and hashrate recovers unevenly.
Crude oil futures slid to near $90.44 after sellers defended the 200-hour moving average; support at $88.72 is now in focus.
The US is offering up to 40 million barrels from the Strategic Petroleum Reserve as oil prices fall.
Deutsche Bank predicts a copper supply squeeze, targeting $10/lb by 2027, as inventories shrink and tariffs lock up metal.
Oil prices dipped after a report that Trump backs easing Russia sanctions for political prisoners. Initiative still early.
Silver faces continued downside risk as US-Iran talks remain the key market focus.
Gold paused its slide as US-Iran dialogue revived deal expectations. Traders now await diplomatic outcomes for price catalysts.