Monthly Archives: July 2026

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WTI Steady but Eastern Europe Jolt May Rewire Oil’s Next Move

Written on July 7, 2026 at 6:04 am, by

Key Takeaways: *Crude oil remains range-bound after the U.S.-Iran peace deal eased supply disruption concerns and secured shipping through the Strait of Hormuz. *A deadly Russian airstrike near Kyiv and the prospect of greater U.S./NATO involvement have revived geopolitical risks, which could disrupt energy markets and support oil prices. *While WTI is holding support nearContinue Reading

US Dollar Extends Losses as Fed Hike Bets Ease; Gold Near Two-Week High

Written on July 6, 2026 at 9:01 am, by

Key Takeaways: *US dollar continues to weaken as markets digest softer-than-expected jobs data *Cooling labor market conditions reduce expectations for a near-term Fed rate hike *Lower oil prices ease inflation concerns and further weigh on dollar demand *Gold extends gains as weaker USD and lower yields support the precious metal Market Summary: The Dollar Index,Continue Reading

Oil Extends Losses as OPEC+ Output Hike Adds to Hormuz Supply Recovery   

Written on July 6, 2026 at 8:53 am, by

Key Takeaways: *Crude oil prices remain under pressure as supply risks continue to ease *OPEC+ agrees to raise output targets further from August *Gradual reopening of the Strait of Hormuz supports the recovery of oil flows *Rising supply expectations keep the near-term oil outlook bearish Market Summary: Crude oil prices extended losses after OPEC+ agreedContinue Reading

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