Oil

20 May 2026
UAE’s OPEC exit boosts supply, pressures crude as traders brace for regional oil ‘stacks’

UAE leaving OPEC may weaken cartel, boost output, increase supply, and push structurally lower oil prices.

20 May 2026
Euro slips against loonie as oil surge offsets softer Canadian inflation, focus turns to Eurozone HICP

Euro slips versus Canadian dollar as oil rallies; soft Canadian inflation tempers BoC, Eurozone CPI awaited.

20 May 2026
BoE rate outlook hinges on oil prices as DBS flags autumn hike risk and hedging trades

DBS says BoE outlook hinges on oil; baseline $108/bbl sees CPI 3.7% by end-2026, prompting 1–2 hikes.

20 May 2026
Oil whipsaws as Iran tensions, waiver headlines and soft China demand keep Brent near $85

Oil prices swing amid Iran and Gulf disruptions; temporary US waivers on Iranian and Russian oil ease supply fears.

19 May 2026
TD Securities sees Canada April CPI at 3.1% as energy lifts headline, core eases

TD Securities sees April CPI at 3.1%, driven by energy and base effects; core inflation eases.

19 May 2026
Brent slips as Trump pauses Iran strike, talks wobble while US stocks thin and Russia waiver looms

Brent crude slid 2% after Trump paused Iran strikes for talks; sanctions waiver and low inventories supported prices.

19 May 2026
BNY drops Fed cut call as Hormuz risks and resilient jobs point to higher-for-longer rates

BNY strategists now expect no Fed rate cuts in 2026, citing Hormuz disruption and resilient US labor.

19 May 2026
Norwegian Krone Rally Fades as Oil Shock Eases and Focus Shifts to Rate Differentials

Norwegian krone surged versus euro and dollar on Iran war-driven energy prices; manipulation claims weak, gains to persist.

19 May 2026
Asian Currencies Steady as Brent Retreats and US Yields Pause; Won Leads Rebound

Asian currencies steadied after sell-off as Brent eased and Treasury yields paused; won led rebound.

19 May 2026
USD/CAD edges higher as Middle East tensions and Fed hawkishness offset soft oil ahead of Canada CPI

USD/CAD edged higher amid Middle East tensions, softer oil, and anticipation of Canada inflation data release.

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