Oil

21 May 2026
French PMI sinks to 2020 low as oil shock bites, fuelling recession and volatility fears

French private-sector activity shrank in May; composite PMI hit 43.5 as oil prices, Iran war hammered demand.

21 May 2026
USD/CHF edges higher as Hormuz risks and hawkish Fed minutes underpin the US Dollar

USD/CHF climbed to 0.7870 as firm dollar, US-Iran tensions, and Fed rate-hike signals supported demand.

21 May 2026
US crude stocks hit near-year low as record exports drain inventories amid Middle East turmoil

US crude stockpiles hit near-year lows as record exports surged amid Middle East conflict and Hormuz closure.

21 May 2026
Russia’s April PPI surge fuels rouble support and stokes commodity-led global inflation fears

Russia’s producer price index jumped 6.1% month-on-month in April, accelerating sharply from March’s 2% increase.

21 May 2026
EIA crude draw beats forecasts as refinery runs rise, supporting near-term WTI upside

EIA reported a 7.864 million-barrel crude stock draw, nearly 5 million more than the expected 2.9 million.

21 May 2026
USD/CAD near one-month highs as firmer US Dollar offsets softer oil and weaker Canadian inflation

USD/CAD neared one-month highs as stronger US Dollar, softer crude, and Middle East tensions pressured Canadian Dollar.

21 May 2026
Oil eases from peaks but holds above $100 as US-Iran tensions and inventory data loom

Oil prices eased from peaks but stayed above $100 as US-Iran tensions and supply fears persisted.

20 May 2026
Indian rupee hovers near record lows as oil above $100 and US yields lift USD/INR

Indian Rupee hovered near record lows as rising oil prices, Iran tensions, and yields supported USD/INR.

20 May 2026
Deutsche Bank sees Hormuz risk keeping oil-yield link alive as Brent holds above $110

Brent held above $110 amid Hormuz constraints; yields rose on rate-hike odds; European gas prices surged.

20 May 2026
Euro holds near six-week low as oil stays above $100, US-Iran tensions lift dollar

Euro steady near 1.1600 as Iran tensions lift dollar, oil above $100; Eurozone inflation, Fed minutes awaited.

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