Americas
Brent Crashed 16% Overnight. Now the Hard Part Begins.
Brent crude plunged 16% after Trump's 14-day Iran ceasefire — but $93 oil and a navy-controlled Strait mean the war premium isn't gone yet. Full market analysis.
Americas
Gold Just Had Its Worst Wartime Month in 50 Years.
Gold fell 27% from its ATH during the Iran war the worst first month of any conflict in 50 years. GLD lost $9B in three weeks. JPM still targets $6,300.
Americas
Copper Lost $2,500 From Its January High. The Deficit That Caused the Rally Hasn’t Gone Anywhere.
Copper fell 17% from its $14,527 all-time high but the structural deficit hasn't budged. AI data centres need 475,000 tonnes in 2026 and mines can't keep up.
Americas
Oil Touched $120 and Crashed to $86 in the Same Session. Here’s What Actually Changed.
Brent hit $119.50 and crashed to $86 in the same session. Trump said the war is "very complete." Iran said that's nonsense. Here's what the curve is pricing.
Europe
US Gasoline Just Posted Its Biggest Weekly Jump Since Russia Invaded Ukraine. Diesel Is Worse.
US gasoline hit $3.41, up 14% in a week. Diesel surged 15.3%. The biggest weekly pump price jump since Russia invaded Ukraine. And the strait is still closed.
Americas
Brent Just Posted Its Biggest Weekly Gain Since Russia Invaded Ukraine. The Parallels Don’t Stop at the Price.
Brent hit $85.85 — a 52-week high. Oil posted its biggest weekly gain since Russia invaded Ukraine. But this time the supply isn't rerouted. It's trapped.
Americas
Qatar Just Took a Fifth of the World’s LNG Offline. America Can’t Fill the Gap.
Iranian drones shut down Ras Laffan, the world's largest LNG export complex. European gas futures surged 54%. US terminals are maxed out with no spare capacity.
Americas
Gold Touched $5,400 Before the Fed Trade Killed the Morning
Gold tests $5,400 as Iran war drives haven demand before gains fade on Fed rate hike fears, with central banks holding 863 tonnes bought in 2025 and ETF inflows at a record $89 billion.
Americas
Gold, Silver, and Platinum Are All Flashing the Same Signal – Here’s How to Read It
Gold nears $5,340. Silver surges 7.67%. Platinum up 77% in a year. Central bank buying, supply deficits, and Iran — how to position across all three metals.
Americas
Major Drilling Revenue Climbs 15% but Margins Slide as Mining Services Firm Bets on 2026 Exploration Boom
Major Drilling posts C$184.6M Q3 revenue, up 14.9%, but misses estimates as adjusted gross margin drops to 14.3% from 19.5% ahead of expected mining boom.
Americas
Brent Hits Six-Month High on Hormuz Risk – but 70% of OPEC’s Spare Capacity Sits Behind the Chokepoint
Brent topped $72 on a $6/bbl risk premium as the US doubled its Gulf air power in three days. The problem: 5.8M bpd of OPEC spare capacity is stuck behind the same strait Iran just closed for live-fire drills.
