Petrol

Previously, we reported that Oil & Gas stocks are on track to outperform the broader market by its widest margin on record, driven by Middle East conflict, rising demand from the AI boom, and a continued rotation away from expensive technology and growth stocks. The Energy Sector has netted a 26.6%

Shell is doubling down on North American gas in a major bet on long-term LNG demand, agreeing to buy Canada’s ARC Resources in a $16.4-billion deal that will add roughly 370,000 barrels of oil equivalent per day to production and strengthen the supermajor’s position in one of the continent’s most st

At least two tankers carrying Russian diesel to Brazil have made unusual U-turns in the Atlantic and are now traveling east toward the Suez Canal as sellers are likely chasing spot sales where the fuel fetches higher prices, traders told Reuters on Monday. Since the EU ban on imports of Russian oil

USD/CAD declines for a second consecutive day on Monday, trading around 1.3610 at the time of writing, down 0.44% on the day and testing its lowest levels in six weeks.

BNY’s Bob Savage reports that Iran has proposed a U.S. deal prioritizing reopening the Strait of Hormuz and ending the war, with nuclear talks delayed.

The Iran war and the loss of oil and gas supply from the Middle East have upended the stock performance of the biggest international majors. BP, the laggard of the past six years, has moved ahead of all others, while the top performer since 2020, ExxonMobil, has seen the worst stock showing among Bi

MUFG strategists say EUR/USD has retreated toward the middle of its 1.1400–1.2000 range as the Euro faces headwinds from the Middle East energy shock and weaker euro-zone PMIs.

Shipyards are expected to deliver up to 100 new LNG carriers this year, up from 79 last year, as new projects in the U.S. and demand for new and more efficient vessels to replace retiring carriers drive increased orders despite the uncertainties stemming from the Middle East war. A record high numbe

BNY's Bob Savage notes that the US Dollar (USD) is slightly softer as record-high equities hold despite higher Oil prices and mixed United States (US) futures.

Oil prices surged over 2% Monday before falling back as stalled U.S.-Iran diplomacy and continuing disruptions in the Strait of Hormuz drove a fresh risk premium into crude markets, with Brent rising to $107.8 per barrel at 6:30 a.m. ET, and U.S. WTI reaching $96.40 while equity futures turned lower

HSBC strategists highlight that the Japanese Yen (JPY) has been the weakest G10 currency month-to-date, with USD/JPY trading in an unusually narrow range despite Japan’s large net energy import status and Gulf exposure.

Chinese exports of clean technology, including solar panels, electric vehicles, and batteries, surged to a record-high in March as the war in the Middle East resulted in a major oil and gas supply shock that drove consumers and governments to lean more on renewable energy and EVs. The export value o

ING analysts Warren Patterson and Ewa Manthey note that Oil has rallied strongly as US-Iran peace talks stall and energy flows through the Strait of Hormuz remain constrained.

Commerzbank analysts flag INR as the region’s laggard, with USD/INR hitting record highs on higher Oil prices, wider current account concerns and capital outflows.