Analysis

TradingKey — The current U.S.-Iran situation hinges on a single point: the U.S. claims there have been "highly productive" contacts and has submitted a 15-point proposal through intermediaries, while Iran has repeatedly denied the existence of direct negotiations, stating only that it is still revie

TradingKey - Middle East conflicts escalated sharply over the weekend. Brent crude rose over 1% intraday, with prices surging to near $109 at the time of publication. As the U.S.-Iran conflict enters its fourth week with no signs of de-escalation, Goldman Sachs has once again raised its oil price fo

TradingKey - The continuous escalation of geopolitical conflicts in the Middle East is pushing the global energy market toward its severest test in nearly 20 years. The Wall Street Journal reports that Saudi Arabian officials estimate international oil prices could breach the $180 per barrel mark if

Crude oil volatility has been relatively subdued this week, but a research report from JPMorgan’s (JPM) Head of Commodities Strategy Natasha Kaneva and her team noted that the relative stability of Brent and WTI does not signify ample global supply. According to reports, prices for Oman and Dubai crude futures have both exceeded $150. JPMorgan pointed out that the current price stability is an illusion, created by a combination of regional inventory buffers, benchmark pricing structure biases, and policy interventions.

TradingKey - Today (March 18), WTI continued to experience sharp short-term volatility amid a tug-of-war between news and data. During the session, prices retraced from Tuesday’s high of $98.42 to a low of $91.45. The market appears to be repeatedly testing the boundary between a “panic premium” and

TradingKey - Oil prices rose sharply on Thursday (March 12), with WTI crude futures surging nearly 10% to $96.59 and remaining at elevated levels on Friday; Brent crude continued to fluctuate above the $100 mark.

TradingKey — The echoes of gunfire in the Strait of Hormuz are striking a sensitive nerve across global capital markets. As U.S. carrier strike groups and Iranian missile units engage in a strategic standoff in the Persian Gulf, oil price volatility on Wall Street trading screens has surged to its highest level since the 2022 Russia-Ukraine conflict. The probability of an escalation in conflict and prolonged oil supply disruptions is now as high as 70%.

TradingKey - During the early Asian session on March 12 (GMT+8), international crude oil prices continued to rise. WTI crude oil futures gained nearly 8%, stabilizing above $90 per barrel, while Brent crude oil futures surged over 9%, breaking through the $100 mark.

TradingKey - Recent military conflicts between the U.S. and Iran have reignited market concerns over energy supply disruptions. As some shipping activities were impacted by Iranian restrictions on the Strait of Hormuz, international oil prices surged, with Brent crude briefly breaking through to nearly $120 per barrel.

TradingKey - The sound of gunfire in the Strait of Hormuz is reshaping the global energy landscape. As the conflict between the U.S., Israel, and Iran briefly propelled international oil prices to a high of $120, levels not seen since 2022, an unexpected winner is quietly emerging—Russia.

TradingKey - This has undoubtedly been the most surreal 24 hours for the crude oil (USOIL) market in decades. Rob Thummel, a portfolio manager at energy investment firm Tortoise Capital with 30 years of experience, described the extreme volatility in the oil market as something he has "never seen in

TradingKey - On Monday, March 9 (ET), Trump stated in an interview that the U.S.-Iran war has essentially ended, causing crude oil prices to plummet. Driven by the news, WTI and Brent crude futures, which had reached intraday highs near $120, dropped to the $80 mark.

TradingKey - Oil prices surged at the market open on Monday (March 9). Intraday, WTI crude oil futures spiked more than 30% to $118.7 per barrel, while Brent crude oil futures rose over 26%, hitting a high of $119.46 per barrel. This marks the first time international oil prices have broken above $1

TradingKey - Global markets were spooked by crude oil supply shocks triggered by the escalation of hostilities in the Middle East. U.S. benchmark crude oil futures surged this Thursday, recording their largest single-day closing gain since 2020. U.S. Interior Secretary Burgum subsequently confirmed that the Trump administration is weighing a series of response options, stating that "all options are on the table," including measures for immediate impact as well as more complex long-term solutions.

Tensions in the Middle East have driven a sustained surge in crude oil prices, while gold prices retreated after hitting a high, leading to a widening divergence between the two.

TradingKey - As the US-Iran conflict escalates, crude oil prices have surged recently. Brent crude rose by approximately 30% within four days of the conflict's outbreak, reaching the $85 per barrel level. Analysts noted that oil prices have failed to break through the symbolic $100 mark and are even

TradingKey - Following the announcement on the night of February 28 banning all vessels from passing through the Strait of Hormuz, JPMorgan Chase issued a warning: if the Strait of Hormuz is completely blocked, the combined onshore and offshore storage capacity of Middle Eastern oil-producing nation

TradingKey - A sharp escalation in geopolitical risks has directly triggered intense volatility in global crude oil markets. At the market open this Monday, WTI crude oil futures surged by over 11%, and Brent crude opened up 13%, though these gains subsequently narrowed.

TradingKey - For international investors, global crude oil prices serve not only as a "barometer" of the world economy and a "touchstone" for geopolitics, but also as investment opportunities and risk signals to be captured. The 2026 crude oil market is confronting a structural challenge characterized by a "supply-demand mismatch." Although geopolitical conflicts occasionally trigger periodic surges, U.S. production expansion, the OPEC+ market share battle, and slowing global economic growth inject further uncertainty into the trajectory of international oil prices for 2026.

TradingKey - In 2026, a monumental year of technological and geopolitical shifts, global commodities are undergoing a profound “repricing” transformation. An epic surge in gold and silver has already commenced, while oil—the “mother of all commodities”—may currently be in the calm before the storm.