Citi bumps 3Q26 Brent forecast to $86, holds 2027 view at $65
Citi revised its 3Q26 Brent forecast up to $86 per barrel, held 4Q26 at $70 and 2027 at $65, and adjusted gas forecasts.
03/09/2026 21:1312 min read
Oil
Vance sets condition for Iran talks: stop ship attacks
Iran disrupts Hormuz traffic to pressure oil prices; US counters with economic pressure. No breakthrough imminent as crude nears $93.50.
03/09/2026 18:313 min read
Yen surges for second day, USD/JPY drops below 156; oil and gold rise
The Japanese yen surged for a second straight day, with USD/JPY falling nearly 300 pips. WTI crude and gold also gained, while bond yields eased.
03/09/2026 12:227 min read
WTI crude oil bearish target reached before bullish activation above $90.90
WTI crude oil's bearish trade hit its first target at $89.58, but the breakdown failed and price reversed above $90.90, completing all four bullish targets.
03/09/2026 12:2236 min read
Bond Yields Surge as Inflation, Fiscal and AI Debt Weigh on Markets
Global bond yields surged as oil prices jumped, fiscal concerns grew, and central bank rate cut expectations faded. The selloff may boost bond appeal.
03/09/2026 11:3630 min read
Crude oil rises to June highs amid renewed US-Iran tensions
Oil prices hit their highest since June as US-Iran conflict escalates, driving risk premium higher.
03/09/2026 11:338 min read
Sugar price surges 30% in five weeks to highest level since April 2025
Sugar prices surged nearly 30% in five weeks to 18.15 cents per pound, the highest since April 2025, fueled by supply disruptions and speculative funds.
03/09/2026 10:279 min read
WTI Crude Oil Outlook: Bearish Below $90 Following Rejection Above $91.31
WTI crude oil turned bearish after failing above $91.31; decision zone $89.93-$90.13, targets down to $86.33.
03/09/2026 07:1643 min read
Trump considers declaring end to Iran conflict as Pentagon extends deployments
Trump considers declaring an end to the Iran war, while the Pentagon extends troop deployments. Gold rebounds and the yen strengthens.
03/09/2026 04:0222 min read
Yen extends rally below 157.70 on BOJ hawks, soft Fed tone
USD/JPY falls below 157.70 as hawkish BOJ comments and less hawkish Fed outlook weaken dollar, with geopolitics and payrolls in focus.
03/09/2026 03:4223 min read
Trump Weighs Ending Iran War as Pentagon Extends Deployments
Trump is privately weighing declaring the Iran war over, while the Pentagon extends deployments, indicating a possible conflict into next year.
03/09/2026 02:2325 min read
Kuwait reports missile and drone strikes, lifting oil prices
Kuwait's military says air defences are responding to Iranian missile and drone attacks, helping push oil prices higher.
03/09/2026 01:512 min read
US warships escort 18 million barrels through Hormuz in single day
US escorts 40 tankers carrying 18 million barrels through Strait of Hormuz in a single-day wartime high.
03/09/2026 00:3119 min read
Oil benchmarks reach highest since late July amid US-Iran strikes
Oil rose to late-July highs after US-Iran strikes and a large crude inventory draw, but resistance at current levels stalled further gains.
02/09/2026 22:5221 min read
Washington headlines mount as administration tackles multiple issues
A flood of headlines from Washington on beef, oil, China, AI, bonds, and Japan as officials tout plans but face delivery challenges.
02/09/2026 18:1112 min read