Iraq has restored a vital route for crude exports through Turkey after the Hormuz disruption filled storage and forced well closures. The one year deal restarts more than 200,000 barrels…
Logan Ruiz7 min read
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China’s drawdown of crude stocks has reshaped Asian buying during the Iran conflict, freeing Gulf cargoes for other markets. Here is what import flows, export figures and USO’s latest move…
Tara Burke5 min read
Tanker freight now accounts for about a fifth of crude cargo costs. Longer voyages, queues near Hormuz and Japan’s reserve rebuilding are tightening competition for barrels, while US export supply…
Logan Ruiz6 min read
Oil’s oversupply story faltered after conflict around Iran put the Strait of Hormuz at risk. USO rose on September 30, while weaker Chinese imports and higher Nigerian production complicate the…
Tara Burke6 min read
Gold dipped on GLD even as the gold silver ratio hovers near 69 to 1. Here's how traders use futures, ETFs and options to play the swings between the two…
Trevor Harris6 min read
SLV trades near its 52 week high as silver futures draw fresh attention. Here's an introduction to trading silver, covering contract sizes, margin rules and what actually moves prices.
Aaron Roberts6 min read
What exactly is a commodity market, and how do oil, gold and grain prices connect to funds like USO and GLD? Here's a clear breakdown of how these markets actually…
Trevor Harris8 min read
Oil prices are holding steady for now, but a closed Strait of Hormuz and shrinking global inventories have analysts warning of a sharp price spike within weeks.
Logan Ruiz4 min read
Saudi Arabia just slashed its crude prices for Asia by the most in twenty years, but rival Gulf oil producers are undercutting the kingdom even further. Here's why the price…
Oliver Davis4 min read
Oil traders are digesting fresh Middle East tanker attacks even as USO holds steady near the middle of its yearly range, raising the question of when the next Hormuz flare…
Oliver Davis2 min read
USO hovers near oversold levels as crude posts a third weekly decline, but India's surging diesel and gasoline demand suggests the selloff may be overdone.
Trevor Harris4 min read
USO hovers near its 52 week low even as New England braces for a possible winter energy squeeze, with utilities blaming the Jones Act and record gas exports for tightening…
Tara Burke3 min read
Crude oil hovers near oversold levels as USO trades at 103.98 dollars, while Russian fuel oil flows swing back toward Europe and the Middle East, away from US Gulf Coast…
Aaron Roberts4 min read