Us Brent Oil

Fitch Ratings Predicts Brent Crude Oil Price Trend During Closure of Strait of Hormuz

S&P Raises WTI and Brent Crude Oil Price Outlook

Stalled US-Iran Negotiations Drive Up Oil Prices and Rubber Futures

CFTC and Democratic Members Investigating Abnormal Trading Before Trump's Policy Announcements

IMF Warns of Global Recession Risk from Iran Conflict

White House Warns Staff Against Speculating in Oil Futures Using Position

US-Iran ceasefire for two weeks boosts US stock futures and Asian stocks

US Index Futures Fall Amidst Iran Crisis

Japanese Finance Minister Warns of Market Volatility

Baltic Dry Index Dips to Near-Low, Brent Crude Reaches Record Monthly High

US Committee Votes to Exempt Gulf of Mexico Oil and Gas Drilling from Endangered Species Act

South Korea Announces Supplementary Budget to Mitigate Economic Impact of Iranian Conflict

Market Repricing of Rate Hike Expectations, Inflation Fears and Geopolitics Reshape Fed's Path

Market reacts to Trump delaying potential strike on Iran

Trump says opening Strait of Hormuz needs a lot of help

Brent Oil Futures Settle at Highest Since July 2022

Brent crude speculators raise net long positions

FITCH Publishes Iran Conflict Macro Economic Risk Heat Map

U.S. Crude Oil Futures Settle at $96.14 per Barrel, Down 18 Cents, 0.19 Percent

US Crude Futures Hit $100/BBL in Post-Settlement Trade

Amesite

InMed Pharmaceuticals

Meiwu Tech

Co-Diagnostics

Phoenix Asia

Rubico

MetaVia

Generation Income Properties

Virax Biolabs

Hub Cyber Security

CRAK

Cleveland Fed projects May inflation at 4.18%, with Q2 CPI annualizing at 6.89%, the highest in three years. The Iran war's impact has led to soaring oil prices, causing U.S. gas prices to rise rapidly. As a result, hopes for rate cuts in 2026 have diminished, with potential hikes anticipated under new Fed Chair Kevin Warsh.

- The Cleveland Fed projects May inflation at 4.18%, with the Q2 CPI annualizing at 6.89%, marking a three-year high.  
- The Iran war has closed the Strait of Hormuz, causing oil prices to rise significantly and leading to the fastest increase in U.S. gas prices in 30 years.  
- This inflation surge diminishes hopes for rate cuts in 2026, with potential interest rate hikes anticipated under the new Fed Chair Kevin Warsh.

Occidental Petroleum

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VanEck Oil Refiners ETF

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SPDR O&G Equip

SPDR Energy Select

VanEck Oil Services ETF

ISHRS S&P Glb Engy

iShares US Oil & Gas Expl & Prod

United States Oil Fund LP

SPDR O&G Ex & Prd

Fed's May inflation forecast spikes, rate cuts unlikely in 2026

Japan's GDP grew 2.1% annualized in Q1, exceeding the 1.7% forecast, driven by consumption, investment, and exports. However, the closure of the Strait of Hormuz has disrupted 20% of global oil supply, leading to rising fuel prices and inflation risks. The Bank of Japan may consider a rate hike in June due to increasing import costs affecting inflation and corporate profits.

- Japan's GDP grew 2.1% annualized in Q1, exceeding the 1.7% forecast, driven by increased consumption, investment, and exports.  
- The closure of the Strait of Hormuz has impacted 20% of global oil supply, causing fuel prices to rise and heightening inflation risks.  
- In response to escalating import costs affecting inflation and corporate profits, the Bank of Japan is considering a rate hike in June.

Invesco DB Multi Sector Comm TR Oil Fd ETF

Japan’s Q1 growth beats forecasts but energy shock looms

.DJI

U.S. Futures Index indicates a lower opening for Wall Street on Monday, with Dow futures down 157 points. President Trump's threats against Iran continue to impact investor sentiment, contributing to a spike in oil prices above $110 per barrel. Asian markets closed broadly lower, while European shares are mostly higher. The Housing Market Index for May will be released at 10:00 am ET, with expectations set at 34.

rttnews

Dow Jones Industrial Average

SPDR Djia

Futures Point To Lower Open For Wall Street

UBS has reactivated its Global Supply Chain Stress Index due to alarming signals in global logistics, with stress rising at the fastest pace since the early pandemic. The index jumped significantly in March and April, prompting concerns over disruptions from the Middle East conflict. Analysts warn that continued blockage of the Strait of Hormuz could lead to severe global trade impacts and a potential oil shortage, while rising yields may negatively affect equities.

ZeroHedge

UBS Group AG

JPMorgan Chase

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

UBS Reactivates Supply-Chain Stress Watch After Detecting Alarmingly Rapid Deterioration

FANG

Yesterday's close, Diamondback Energy's stock price rose by 1.01%, showing a steady upward trend with a bullish close. The short-term moving average system maintains an upward trajectory, with the 5-day and 10-day moving averages in a bullish arrangement. The MACD daily line confirms a bullish signal above the zero axis, indicating that the medium-term upward trend remains intact, with buying pressure continuing to accumulate at the current price level. The trading volume was approximately $313 million, with moderate performance, showing a steady inflow of funds without signs of impatient chasing. On the news front, the oil and gas exploration and production sector is enjoying performance dividends from high oil prices. Brent crude has broken through $110, while WTI remains above $100. The tight supply situation in the oil market is unlikely to ease in the short term due to the dual effects of geopolitical tensions in the Middle East and OPEC+ production controls. Although Trump announced a delay in military action against Iran, he also clearly stated that a full-scale strike would be launched if negotiations fail, making uncertainty a significant supporting factor for oil prices. As a leading producer in the Permian Basin, Diamondback Energy's cash flow generation ability in a high oil price environment is highly recognized by the market. Its peer, Devon Energy (DVN), also saw a slight increase of 0.38% yesterday. From a technical perspective, the stock price is running steadily above the short-term moving averages, facing a pressure test at previous high points. Although the trading volume is moderate, the sustained bullish candles over several days indicate insufficient bearish strength, with bulls gradually digesting the pressure above. The Energy Sector ETF (XLE) rose by 1.92% yesterday, showing good sector linkage effects. The short-term trend is biased towards bullish, with high oil prices and technical bullish signals resonating together

Technical Forecast

Diamondback Energy

Devon Energy

Pre-market trend | Diamondback Energy (FANG) 5/18 Oil prices support at high levels, bulls steadily advancing?

.SPX

US equity futures fell as investors reacted to President Trump's remarks on Iran, with the S&P 500 down 0.4%, Dow Jones down 0.2%, and Nasdaq down 0.7%. Trump postponed a military strike on Iran but warned of a potential large-scale assault if negotiations fail. Crude oil prices also dropped, and Treasury yields decreased. EU officials are set to finalize trade deal legislation with the US, while Home Depot shares rose after positive earnings.

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S&P 500

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Keysight Tech

Stocks Down Pre-Bell as Investors Assess Trump's Latest Iran Remarks

GOLD

Wall Street is expected to open lower as U.S. futures indicate declines across major indices. Oil prices have eased following the U.S. postponement of a planned attack on Iran. Gold prices fell towards $4,550 an ounce. Economic data on Housing Starts and Permits will be released soon, with consensus estimates suggesting a slight decrease from last year. Asian markets showed mixed results, with China's index rising while Japan's markets closed lower.

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Agnico Eagle Mines

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Us Gbl GLD & Met

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NASDAQ-100

SSE Index

Hang Seng Index

Wall Street Poised To Open In Negative Territory

At yesterday's close, Devon Energy's stock price rose slightly by 0.38%, with little volatility, but the K-line formed a small bullish candle, continuing the recent mild upward trend. The MACD daily line re-established a bullish signal above the zero axis, indicating that although the price increase is modest, the balance of power between bulls and bears is still tilting towards the bulls, and the basic structure of the medium-term upward trend remains intact. The trading volume was approximately $759 million, with stable volume, showing that market participants have formed a relatively balanced trading rhythm around this price level. On the news front, the energy sector is experiencing dual benefits. On one hand, Brent crude oil has surpassed $110 per barrel, and WTI crude oil is reported above $100, which directly benefits the profit expectations of oil and gas exploration and production companies in a high oil price environment. On the other hand, Trump announced the postponement of military action against Iran at the request of three Middle Eastern countries, bringing new hope to US-Iran negotiations, and crude oil prices experienced a process of initially rising and then falling during the session. For Devon Energy, even if oil prices experience short-term fluctuations, the current oil price level above $100 still provides strong cash flow support. The Energy Select Sector SPDR Fund (XLE) rose 1.92% yesterday, with overall funds in the sector leaning towards a warm outlook. From a technical perspective, the stock price is operating above the 5-day and 10-day moving averages, with the short-term moving average system showing a bullish divergence. Currently, it is important to note that although bullish signals have been confirmed, the increase yesterday was minimal and trading volume did not show significant expansion, indicating that the pace of bullish advancement is cautious, more like "gathering strength" rather than "exploding."

Exxon Mobil

Chevron

Pre-market trend | Devon Energy (DVN) on May 18, oil and gas stocks quietly strengthen, are bulls brewing a new wave?

Oil prices keep swinging, and so do stocks worldwide

Barchart Option

Pro K1 Free Crude Oil

Oil prices keep swinging, and so do stocks worldwide

Household energy bills are set to increase by £209 annually from July due to rising oil and gas prices linked to the Iran war. Cornwall Insight predicts the Ofgem price cap will rise by 13% to £1,850. The increase is attributed to escalating wholesale prices and geopolitical tensions affecting energy infrastructure. Analysts warn of potential further increases in October as demand rises. Government support for households may be necessary if prices remain high, with energy providers advising families to fix their bills to mitigate costs.

Us Brent Oil(BNO.US)

Fed's May inflation forecast spikes, rate cuts unlikely in 2026

Japan’s Q1 growth beats forecasts but energy shock looms

Futures Point To Lower Open For Wall Street

UBS Reactivates Supply-Chain Stress Watch After Detecting Alarmingly Rapid Deterioration

Pre-market trend | Diamondback Energy (FANG) 5/18 Oil prices support at high levels, bulls steadily advancing?

Stocks Down Pre-Bell as Investors Assess Trump's Latest Iran Remarks

Wall Street Poised To Open In Negative Territory

Pre-market trend | Devon Energy (DVN) on May 18, oil and gas stocks quietly strengthen, are bulls brewing a new wave?

Oil prices keep swinging, and so do stocks worldwide

Energy bills to surge by £200 a year from July