Oil

18 July 2026
Baker Hughes US oil rig count rises to 452, topping forecasts and weighing on crude price outlook

Baker Hughes shows US oil rigs rose to 452, beating forecasts, signaling faster shale supply growth.

18 July 2026
EUR/USD Holds Steady as Oil Spike Reframes Inflation and Rate Outlooks

EUR/USD steadied near 1.1438 as oil surged 12%, reshaping inflation outlooks and central bank hike expectations.

18 July 2026
Sterling Slides as Middle East Oil Surge Lifts Dollar; Markets Price Higher Odds of Fed Hike

Sterling slips as Middle East tensions lift oil and dollar; traders eye GBP/USD option hedges, Fed outlook.

18 July 2026
WTI tops $81 as Iran threatens Hormuz chokepoint, fuelling weekly surge and options volatility

WTI near $81, up 13% weekly, as Iran threatens Hormuz blockade; traders brace for volatility.

18 July 2026
USD/JPY steadies near 40-year highs as oil, Fed outlook and repatriation risks weigh on yen

USD/JPY near four-decade highs as oil, wide rate gaps and Fed hikes expectations keep yen pressured.

18 July 2026
US dollar firms on risk aversion, but DXY risks break below key 100.5 support

Dollar steadied on risk-off flows, but bearish DXY outlook persists; traders eye selling rallies, puts, 100.5 break.

18 July 2026
Brent rallies as Iran threat to block Bab al-Mandab tightens supply and sparks volatility

Iran’s Bab al-Mandab threat lifts Brent 12%, stoking volatility as tanker delays and Chinese demand tighten supply.

18 July 2026
Gold hovers below $4,000 as firmer dollar and Middle East tensions sustain weekly decline

Gold slips near $3,992 as stronger dollar and Fed hike odds weigh, amid escalating US-Iran tensions.

18 July 2026
Canada’s June CPI Seen Easing to 2.9% as Energy Drags, Core Holds Near 2%

Canada’s June CPI seen easing to 2.9% as energy drags; core steady; traders eye bonds, CAD puts.

18 July 2026
ING sees dollar implied volatility at post-2021 low, warning of upside risk despite calm markets

ING: DXY one-month implied volatility sinks below 5.5%, near 2021 lows; calm may soon reverse.

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