Topic
commodity trading
7 stories related to this topic, newest first.
thehindubusinessline.comfinance29 days ago
Oil Futures Enter Backwardation After U.S.-Israeli Strikes on Iran
Oil futures contracts for immediate delivery traded higher than longer-term contracts. The pattern reflects current supply tightness while inventories remain low.
Substrate placeholder — needs reviewworld34 days ago
Bank of America Analyst Raises Brent Crude Price Outlook to $90
Bank of America analyst Francisco Blanch said Brent crude could reach $90 a barrel this year due to a global supply deficit. The forecast follows similar projections from Goldman Sachs and comes amid ongoing disruption at the Strait of Hormuz.
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pymnts.comfinance57 days ago
BWET ETF Surges Over 600% Year-to-Date, Outpacing Oil Prices Amid Middle East Shipping Disruptions
The Breakwave Tanker Shipping ETF has risen more than 600% year-to-date as tensions in the Strait of Hormuz disrupt maritime corridors. Freight futures have skyrocketed due to the U.S.-Iran war, outperforming crude oil and energy stocks. Experts note investors are shifting focus…
zerohedge.comfinance60 days ago
Chinese Oil Companies Offer Crude in Global Tenders Over Recent Weeks
Chinese oil companies have sold barrels to several nations in tenders, acting as aggressive sellers amid global market shifts. Mercuria CEO Marco Dunand highlighted this trend at a summit, linking it to factors like Iranian oil sales and inventory releases. Current oil prices ros…
Substrate placeholder — needs reviewfinance62 days ago
Mercuria Energy Plans to Raise at Least $200 Million in Asia Financing
Mercuria Energy is seeking at least $200 million in financing from Asia amid rising costs from the Iran war. Commodity traders are turning to alternative funding sources. The move reflects broader challenges in purchasing cargoes due to the conflict.
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Substrate placeholder — needs reviewfinance64 days ago
Oil Prices Fall After Iran Declares Strait of Hormuz Open Amid Large Short Trades
Oil traders placed nearly $800 million in short positions yesterday morning. Shortly after, Iran's foreign minister announced the Strait of Hormuz was open. Oil prices then declined by 9:10 a.m. ET.
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Substrate placeholder — needs reviewfinance77 days ago
US Crude Oil Prices Exceed $115 per Barrel Following Market Reopening
US crude oil prices have risen above $115 per barrel as trading resumes after a three-day weekend. This marks a doubling from $57 per barrel at the start of 2026. Sustained levels could elevate US CPI inflation to approximately 3.7%, the highest since September 2023.
KO
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