Oil

15 May 2026
China urges swift reopening of Strait of Hormuz as WTI holds near $98 amid tensions

China urges reopening Hormuz Strait and lasting ceasefire; says it benefits U.S., Iran, region; WTI steady.

15 May 2026
Trump Sees Xi Leveraging Iran Influence as Oil Volatility Rises on Strait of Hormuz Risks

Trump says Xi could influence Iran, offers negotiation help, keeping Strait of Hormuz open. He warns patience.

15 May 2026
Oil Holds Gain as Hormuz Shutdown Tightens Supply

Oil steadies near weekly gains as Hormuz stays shut, inventories fall, and US-China talks shape demand.

15 May 2026
UOB lifts 2026 US CPI forecasts as broader price pressures persist and oil risks cloud Fed outlook

UOB warns inflation pressures are broadening, raises 2026 CPI forecasts, with oil risks potentially pushing headline near 5%.

15 May 2026
EIA Natural Gas Storage Build Meets Forecast as Market Focus Shifts to Summer Weather Risks

EIA reported an 85 bcf U.S. natural gas storage build for week ending May 8, matching forecasts.

15 May 2026
Russia March trade surplus beats forecasts, bolstering rouble outlook amid firmer oil export revenues

Russia’s March foreign trade balance hit $13.966bn, beating the $11.8bn forecast by $2.166bn overall.

14 May 2026
TD Securities warns Brent may revisit $150 as inventories fall and supply risks mount

TD Securities warns oil’s calm may be brief; Brent could hit $150 if supply disruptions return.

14 May 2026
Malaysia Fuel Subsidy Cap Hinges on USD 100 Oil, Leaving Ringgit as Key Stress Gauge

Malaysia holds RON95 fuel prices steady, keeping subsidies near 0.2% GDP if oil stays under $100.

14 May 2026
South Korean won slides on oil, yields and equity outflows; USD/KRW tests 1500 resistance

Korean won leads Asian declines; USD/KRW volatile near 1493 as oil, yields, outflows lift upside risks.

14 May 2026
BNP Paribas Warns Indonesia Fuel Subsidies Risk 2026 Deficit Breach, Rupiah Pressure and Funding Strain

BNP warns Indonesia’s fuel subsidies may lift deficit above 3% in 2026, debt vulnerable to yields.

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