Oil prices try to maintain momentum after renewed US-Iran tensions
USOIL jumped after the US shot down an Iranian drone in the Middle East, renewing geopolitical and oil supply worries, but eases amid unfavorable fundamentals.
Page 3 of 34
USOIL jumped after the US shot down an Iranian drone in the Middle East, renewing geopolitical and oil supply worries, but eases amid unfavorable fundamentals.
Doubts have emerged over the precious metals rally after a steep sell-off driven by a dollar rebound, but long-term structural demand drivers continue to support further upside.
USOIL declines as Trump says the US and Iran are talking, easing supply disruption risks, while the greenback recovers after the President nominated a Fed insider to succeed Chair Powell.
XAU/USD demand is being fuelled by lingering geopolitical and trade tensions, a weak greenback, and broader currency debasement trends.
XAU/USD extends its rally to new record highs amid heightened geopolitical and trade uncertainty, after President Trump announced extra tariffs on European nations until Greenland is sold to the United States.
USOIL drops as Trump backs off from military action on Iran, easing supply disruption risks and bringing lingering glut prospects back into focus.
The precious metal has broken above $90 per ounce, driven by US dollar weakness linked to Fed independence concerns, geopolitical risk-off flows, and demand from AI, cleantech and defence.
USOIL mixed as markets assess protests in Iran and President Trump weighing military options, as well as the challenges of restoring Venezuela’s production capacity, but broader supply–demand dynamics remain unfavourable.
OPEC+ has extended oil production cuts to 2026 due to weak demand, keeping output capped at 39.725 million bpd. Despite these measures, analysts expect prices to remain low amid uncertainty and potential policy shifts under President-elect Trump.
Copper breached 4.000 for the first time in four months as markets assess Trump’s potential impacts, but finds tries to find reprieve after China announced the end of export tax rebates
The pair heads towards a losing as markets try to decode the potential impact of a Trump administration amid pro-oil policy and China tariff threats
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.