
Crude at $89.89 holds the day; gold at $4,480 keeps the hedge bid
WTI grinds half a percent higher into the close as gold extends its quiet melt-up. The pegs do what pegs do.
Karim Al-Rashidi · 23d ago
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14 articles on this topic

WTI grinds half a percent higher into the close as gold extends its quiet melt-up. The pegs do what pegs do.
Karim Al-Rashidi · 23d ago

A 3.02% one-session move is a war premium, not a barrel-count move. The physical market has not tightened. The financial market has decided it might.
Sergei Petrov · 24d ago

Crude grinds higher on Gulf risk premium while bullion corrects 1.5%. The peg does the quiet work of importing none of it.
Karim Al-Rashidi · 24d ago

Crude eases 1.05% overnight, gold slips from above $4,500, and the pegs hold their nerve while the Gulf reads its own headlines.
Karim Al-Rashidi · 25d ago

Day 88 of the Iran conflict ends with USD/SAR at 3.7500 and USD/AED at 3.6725 — the numbers that did not move tell the story.
Karim Al-Rashidi · 25d ago

Oil is softer, gold is firmer, and the Gulf is hosting more shuttle diplomacy than tourism. The puzzle is why the risk premium is so quiet.
Karim Al-Rashidi · 27d ago

Crude slips 0.93% on mixed mediation signals; gold firms at $4,563; the Tadawul sits a hair above 11,000.
Karim Al-Rashidi · 27d ago

Crude eased 1.03% into Friday's close even as Hormuz mediation entered its loudest week. The pattern is the story.
Karim Al-Rashidi · 27d ago

Crude pushes higher, gold retreats from the safe-haven trade, and the ruble rallies — a strange evening for a region holding its breath.
Karim Al-Rashidi · 32d ago

Crude jumps 3.45% as the Gulf's two largest exporters openly hedge against their own geography. Gold cools. The Tadawul shrugs.
Karim Al-Rashidi · 36d ago

Oil eases, gold cools, Tadawul drifts lower — but the real story is what's happening in the shipping lanes after dark.
Karim Al-Rashidi · 38d ago

European Commission's best-practice catalogue for tackling energy shock notably excludes windfall tax measures despite soaring profits at major energy firms.
Pierre Dubois · 38d ago
Department of Energy transfers 53.3 million barrels as global prices surge.
Pierre Dubois · 40d ago
Saudi crude production disruptions create global supply gap and market instability.
Pierre Dubois · 41d ago