Yearly Archives: 2026
41654156156Oil Market Erases War Premium as Hormuz Flows Normalize

Written on June 25, 2026 at 6:35 am, by pumarketings
Key Takeaways: *The reopening of the Strait of Hormuz has significantly reduced fears of a global oil supply disruption. *Oil prices have erased most of their wartime gains as tanker traffic returns to near-normal levels. *Markets are pricing in a faster-than-expected return of Middle Eastern and potentially Iranian crude exports. Market Summary: The fundamental outlookContinue Reading
Chart the Market (24/06/2026)

Written on June 24, 2026 at 7:36 am, by pumarketings
NZDUSD, H4: NZD/USD has broken below the key support level at 0.5675, reinforcing the prevailing long-term bearish trend and signaling that sellers remain firmly in control of the market. The decisive break beneath this critical support zone represents a significant technical development and suggests that downside momentum is continuing to build. The breakdown confirms aContinue Reading
Crude Oil Slide as US-Iran Diplomacy Eases Supply Concerns

Written on June 24, 2026 at 6:10 am, by pumarketings
Key Takeaways: *Oil prices remained under pressure as progress in US-Iran peace talks eased fears of major supply disruptions. *A temporary sanctions waiver and improving diplomatic relations have raised expectations for increased Iranian crude exports. *The resumption of tanker traffic through the Strait of Hormuz has reduced concerns over shipping bottlenecks and strengthened confidence inContinue Reading
