CFD

Is the NACHO oil trade returning?

Oil prices fell on Thursday as markets weighed the possibility of a U.S. and Iran deal. Another factor easing supply concerns is Abu Dhabi National Oil Co’s progress on a second pipeline designed to bypass the Strait of Hormuz and...

The oil market’s “veneer of stability” 

Reported by CNBC, Jeff Currie, executive co-chairman at Abaxx Commodity Exchange, said physical shortages could hit Europe “any day now,” while analysts at Societe Generale have described the market as operating under a “veneer of stability....

From TACO to NACHO: The trade putting inflation back on the menu

NACHO, short for “Not A Chance Hormuz Opens,” reflects a market view that tensions in the Middle East are unlikely to ease anytime soon. Earlier this week, U.S. President Donald Trump again rejected Iran’s latest peace proposal, pushing oil futures...

What traders are reacting to right now

U.S. stocks moved higher as investors reacted to signs of progress toward a potential U.S. and Iran agreement, alongside another strong session for AI related stocks....

Why did UAE quit OPEC?

The United Arab Emirates will leave OPEC effective May 1, in a major blow to the oil cartel. In February, the UAE was OPEC’s third-largest producer, behind Saudi Arabia and Iraq....

Oil Up, Wall Street Up, Pizza Index Flat

Wall Street has reacted positively to the extension of the U.S.-Iran ceasefire. The S&P 500 and Nasdaq both closed at record highs....

Losses and gains kept in check

Crude prices surged yesterday, with West Texas Intermediate (WTI) futures jumping 6% to trade above $89 per barrel....

California gasoline squeeze coming?

U.S. Energy Secretary Chris Wright said on Sunday that he believes U.S. gasoline prices have peaked. But added they could remain above $3 a gallon until 2027....

Yes…this matters for the US dollar

Williams flagged cybersecurity risks tied to Anthropic’s Mythos model as his biggest systemic concern. Whether it's a real risk or not, it's great marketing for Anthropic....
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