Brent prices fell again on Friday (October 10th) as the Middle East risk premium faded after Israel and Hamas agreed to the initial phase of a ceasefire plan, dampening the geopolitical pressures that had previously boosted prices. Peace sentiment prompted market participants to reassess the supply disruption scenario from the region.
Additional pressure came from US fundamentals: crude inventories rose by 3.7 million barrels last week, indicating tighter supply, although stocks remained slightly below the five-year average. The consecutive inventory increases, combined with the fading risk premium, limited the oil rally in the short term, while market participants awaited further cues from OPEC+, the direction of the USD/yields, and the next inventory release.
Source: Newsmaker.id
World oil prices moved slightly higher in today's trading, with Brent rising slightly to around US$62.3 per barrel and WTI around US$58.4 per barrel, as the market weighed geopolitical tensions in Ven...
Silver continues its rally, reaching a record high of around $75 per ounce, driven by a combination of strong industrial demand, tight supply, and growing expectations of a Fed interest rate cut. This...
Gold Continues to Break Records Supported by Global Concerns and the Fed: Gold prices reached an all-time high of around US$4,500 per ounce in today's trading, driven by strong safe-haven demand amid ...
Gold prices (December 24th) in the European session were stable at $4,491 ahead of Christmas Day tomorrow, with the market closing early tonight. Gold prices surged past $4,500 per ounce for the first...
Silver prices reached $72.63 per ounce on December 24, 2025, setting a new record driven by strong global demand and rising geopolitical tensions. This increase in silver prices was driven by factors ...
World oil prices moved slightly higher in today's trading, with Brent rising slightly to around US$62.3 per barrel and WTI around US$58.4 per barrel, as the market weighed geopolitical tensions in Venezuela and Nigeria, plus the risk of supply...
Silver continues its rally, reaching a record high of around $75 per ounce, driven by a combination of strong industrial demand, tight supply, and growing expectations of a Fed interest rate cut. This price increase is also reflected in the...
Gold Continues to Break Records Supported by Global Concerns and the Fed: Gold prices reached an all-time high of around US$4,500 per ounce in today's trading, driven by strong safe-haven demand amid global economic uncertainty and strong...
Bank of Japan (BOJ) Governor Kazuo Ueda stated that achieving 2% inflation is getting closer, although real inflation remains low. Ueda emphasized...
The US economy expanded in the third quarter at the fastest pace in two years, bolstered by resilient consumer and business spending and calmer...
US President Donald Trump used a series of social media posts to outline his views on inflation, interest rates, and Federal Reserve (FED)...
As quarter-end and especially year-end approaches, financial markets often experience a phenomenon known as window dressing—where investment...