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Saturday, 31 October 2026

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Derivatives

WTI Crude Oil Outlook: Failure to Rally Raises Downside Risk

WTI crude is trading around $84.80, up roughly 4% over the past two weeks and consolidating just below the $85.00 psychological level which aligns with the 100-day SMA; a decisive daily close above $85 could open a rall…

Where are central banks keeping their gold?

For most of the 20th century, the arrangement seemed not just logical but obvious. A central bank with significant gold reserves kept the bulk of them in New York or London. Both cities hosted the deep trading infrastru…

Gold Nears Double Top Formation, Raising Risk of a Sell-Off

Wall Street’s September debut reinforced its reputation as the weakest trading month of the year. The Dow Jones Industrial Average (^DJI) closed at 45,002.90, falling 541.98 points or 1.19%. The S&P 500 (^GSPC) ended at…

Has Iranian Crude Become Irrelevant to Global Oil Supply?

On 29 March, Iran launched 15 ballistic missiles at Ukraine. All of them were intercepted and none hit their intended targets. This attack was in response to Ukrainian President Zelensky’s interview to NBC News on 28 Ma…

Diesel Prices Expose the Energy Shock Brent Is Hiding

This analysis explains how the March 2026 Middle East conflict has split the global oil market into two divergent realities: a futures market pricing amid a relatively short-lived disruption and a physical market where …