Warren Patterson's Comment & Analysis
A complete archive of Warren Patterson's articles, including current analysis & comment - Page 14
Yesterday’s risk-off move dragged commodities lower. And with little in the way of oil-related releases this week, oil price direction is likely to continue to be dictated by external...
The commodities complex came under pressure yesterday with a stronger USD weighing on markets. Demand also remains a key concern for the oil market, while for grain markets, a resumption of Black Sea...
Chinese GDP data was better than expected, while other Chinese activity data was also strong. The data releases helped to push metal prices higher, however, oil was more rangeboundEnergy- Strong...
Oil prices came under pressure yesterday on the back of a stronger USD.Energy - Progress on Northern Iraqi Oil ExportsOil prices started the trading week on a weak footing. ICE Brent settled 1.8%...
Improved risk sentiment has seen oil trade higher over the week, whilst supply concerns have only added further strength. OPEC+ meet early next week and we expect the Joint Ministerial Monitoring...
Concerns over the banking sector have led to a move towards safe haven assets and gold has clearly benefited from this. While we see a short-term pullback in prices, we expect these to strengthen over...
The commodities complex has been unable to escape the spillover from the SVB collapse, with large parts of the complex coming under pressure. Today’s US CPI print will be important for markets...
Energy – Saudi Arabia Hikes Its Official Selling Price for Asia and Europe
ICE Brent was trading soft today after China set a modest growth expectation of around 5% for the year and avoided...
Energy - Higher Demand for OPEC Oil
Oil prices settled lower yesterday as the market digested the US SPR release announcement, while the YoY US CPI print also came in above expectations, which will...
The oil market rallied yesterday partly driven by supply concerns related to the halting of operations at the Ceyhan export terminal. However, these worries should subside with Turkey ordering the...