Oil prices rose slightly amid geopolitical tensions, particularly the Ukraine attack on Russian refineries that has strained supply, as well as low inventories in the US.
However, the global demand outlook is weak due to the US trade war and the risk of an economic slowdown. The market is awaiting the OPEC+ decision later this week, which is expected to maintain stable supply.
Oil prices at the time of writing were at $68.86
DISCLAIMER
Note: This article is analytical for analytical purposes only and is not a definitive reference. Consider fundamental and technical developments in trading before making any investment decisions.
Source: Newsmaker.id
The potential for a US-India deal that reduces Russian imports could shift India's demand to alternative grades (Middle East/US/Africa), thus increasing demand; reports of declining US crude stockpile...
Silver prices held below $49/oz after plunging about 7%-the deepest since 2011-and are now down approximately 10% from last week's record. The underlying cause is simple: massive profit-taking after a...
Gold was under pressure in the Asian session on Wednesday (October 22, 2025) as the US dollar strengthened and real Treasury yields remained high, increasing the opportunity cost of holding non-yieldi...
Gold prices fell slightly on Tuesday but remained near their all-time highs. Investors' need for safe havens amidst economic uncertainty has kept gold in demand. This uncertainty stems from the ongoin...
Silver prices are stable around $52 per ounce. Buying interest has resurfaced after a correction, supported by expectations of interest rate cuts and lower yields. A subdued dollar is supporting senti...
The Trump administration announced on Wednesday new sanctions targeting Russia's two largest oil companies, Rosneft and Lukoil, as part of efforts to pressure Moscow to end the war in Ukraine, which began with Russia's 2022 invasion. Treasury...
Oil jumped after the US announced sanctions on Russia's biggest producers, as President Donald Trump ramps up pressure on his counterpart Vladimir Putin to negotiate an end to the war in Ukraine. West Texas Intermediate surged as much as 2.8%...
Gold extends pullback in early Asian session after front-month Comex gold futures fell for a second straight session overnight. Investors have been unwinding part of last week's speculative surge, Sucden Financial's Research team says in...
U.S. Treasury Secretary Scott Bessent said on Friday he expects to meet next week with Chinese Vice Premier He Lifeng in Malaysia to try to...
The 20-day US federal government shutdown is likely to end this week, White House economic adviser Kevin Hassett said on Monday.
"I think the...
The Fed will meet on October 28-29, 2025. This meeting is crucial because the market still considers the possibility of an interest rate cut, but...
The Federal Reserve will go into a policy meeting next week with its view of the economy obscured by a U.S. government shutdown that has suspended...