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Sunday, 13 September 2026
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Sunday, 13 September 2026
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Ghanaian press · Organization

KCM Trade

2026-05-052026-09-13

In coverage

Verbatim sentences from the source article.

  1. June 2026
  2. Joy Online

    d WTI prices are almost back at pre-war levels on February 27. “Investors are pricing in hopes of ​a positive outcome from the Doha talks, even though real normalisation of flows through the Strait of Hormuz is not yet visible,” said Tim Waterer, chief market analyst at KCM Trade

    Oil falls as investors focus on potential Iran-US talks in Doha
  3. Joy Online

    ee transit through the Strait of Hormuz. “If sanctions are eased, Iranian production and exports could ramp up relatively quickly given the substantial amount stored on tankers — we are likely talking weeks rather than months,” said Tim Waterer, chief market analyst ​at KCM Trade

    Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
  4. Joy Online

    way closed. “There remains a prevailing dose of market scepticism, rooted in deep-seated mistrust between Washington and Tehran, suggesting ​that any return to pre-war oil prices is likely to be ​delayed rather ⁠than immediate,” said Tim Waterer, chief market analyst at KCM Trade

    Oil inches down as investors focus on Hormuz flows after peace talks
  5. Joy Online

    ent for a lasting truce “has yet to take shape.” “The devil may be in the details, and until those details emerge, the market is likely to show restraint regarding the further unwinding of the risk ​premium in energy markets,” ​said Tim Waterer, ⁠chief market analyst at KCM Trade

    Oil rebounds on concerns about US-Iran peace deal, restoration of supply
  6. Joy Online

    der war, but pared gains after Iran’s armed forces announced the end ​of military operations against Israel. “While there is some relief from the latest pause in direct strikes, ​investors are not convinced the truce will hold,” said Tim Waterer, chief market analyst at KCM Trade

    Oil rises slightly as investors await clarity after Iran-Israel halt attacks
  7. May 2026
  8. Joy Online

    t Texas Intermediate (WTI) crude fell $2.02, or 1.9%, to $104.40, after ⁠gaining 4.4% in the previous session. “The successful escorted exit of the Maersk-operated vessel has helped ease some immediate supply disruption fears,” said ​Tim Waterer, chief market analyst at KCM Trade

    Oil eases on signs US is loosening Iranian closure of Strait of Hormuz
Business

Gold prices fall on strong US jobs data, rate hike expectations

The News

Spot gold dropped 0.5% to $4,405.47 per ounce on Monday as strong U.S. job growth reinforced expectations for higher interest rates, with traders pricing in a 58.4% chance of a Fed rate hike at its September 15-16 meeting. Market participants await U.S. inflation data due later in the week for further clarity on the Federal Reserve's policy direction.

7 September 2026 · Joy Online

Monday 7 September

  1. Gold prices fall on strong US jobs data, rate hike expectations

    Spot gold dropped 0.5% to $4,405.47 per ounce on Monday as strong U.S. job growth reinforced expectations for higher interest rates, with traders pricing in a 58.4% chance of a Fed rate hike at its September 15-16 meeting. Market participants await U.S. inflation data due later in the week for further clarity on the Federal Reserve's policy direction.

    7 September 2026 · Joy Online

Tuesday 11 August

  1. Oil prices steady as US-Iran peace negotiations stall

    Oil prices held at one-week highs on Tuesday as hopes for a US-Iran peace deal dimmed following President Trump's demands for compensation, with Brent crude at $87.81 a barrel and U.S. West Texas Intermediate at $82.20. Saudi Aramco has postponed the restart of its Jazan refinery to August 30 after the Houthis claimed attacks on the plant.

    11 August 2026 · Joy Online

Monday 10 August

  1. Oil prices rise amid Strait of Hormuz reopening uncertainty

    Oil prices rose Monday as Iran said a deal with Oman on new shipping lanes was in final stages but insisted the U.S. must meet other conditions before the Strait of Hormuz reopens. Brent crude rose to $84.46 a barrel and U.S. West Texas Intermediate to $78.79, with both benchmarks recovering from last week's 7% decline that followed hopes for a deal.

    10 August 2026 · Joy Online

Tuesday 4 August

  1. Oil rebounds amid US-Iran tensions and blocked Strait

    Oil prices rebounded 1% on Tuesday after a steep plunge, driven by concerns that Middle East supply remains at risk as diplomatic resolution to the U.S.-Iran war seems unlikely. Brent futures rose to $84.89 a barrel and WTI crude to $81.11, though Iran's Foreign Ministry rejected Trump's claims of ongoing negotiations to end the conflict over control of the Strait of Hormuz, a channel for about a fifth of global crude oil and natural gas shipments before the conflict.

    4 August 2026 · Joy Online

Friday 17 July

  1. Oil prices rise amid US-Iran tensions and Red Sea closure threat

    Brent crude rose 0.83% to $84.93 a barrel and WTI rose 1.03% to $79.76 a barrel on Friday as US-Iran hostilities escalated and Tehran asked the Houthis to prepare to shut the Red Sea export route, with both benchmarks climbing nearly 12% for the week.

    17 July 2026 · Joy Online

  2. Gold slides on Iran tensions, inflation worries amid oil spike

    Gold was on track for its biggest weekly loss in six as escalating U.S.-Iran clashes lifted oil prices by about 12% this week, adding to inflationary pressures and strengthening the case for higher U.S. interest rates. The metal has lost 3.2% so far this week, outweighing support from softer June U.S. inflation figures.

    17 July 2026 · Joy Online

Wednesday 15 July

  1. Oil prices rise amid US-Iran tensions and Strait of Hormuz disruptions

    Oil rose on Wednesday as President Trump reimposed a naval blockade on Iranian ports and Iran launched retaliatory strikes on U.S. infrastructure. Brent crude closed at its highest since June 12 and WTI at its highest since June 15, with prices driven up by supply disruptions in the Strait of Hormuz, where one-fifth of the world's oil and liquefied natural gas transited before the war.

    15 July 2026 · Joy Online

Tuesday 14 July

  1. Oil prices surge as US-Iran tensions escalate in Strait

    Oil prices rose nearly 3% on Tuesday to their highest in four weeks after the U.S. reimposed a naval blockade of Iran while the two countries stepped up attacks in the Strait of Hormuz, with Brent crude reaching $84.80 per barrel and U.S. West Texas Intermediate rising to $79.84. The escalation has injected fresh risk and uncertainty into energy markets.

    14 July 2026 · Joy Online

Tuesday 7 July

  1. Oil prices edge higher amid supply recovery concerns

    Brent crude gained 0.39% to $72.29 and U.S. West Texas Intermediate rose 0.26% to $68.84 a barrel as traders shifted focus from easing Middle East tensions to supply increases and demand prospects. The U.A.E. raised crude output above 3.8 million bpd in June, its highest since April 2020, after leaving OPEC+ production quotas in May.

    7 July 2026 · Joy Online

Friday 3 July

  1. Oil prices edge up as Middle East peace efforts show cautious signs

    Brent crude and West Texas Intermediate rose slightly on Friday before a long U.S. holiday weekend, as wary optimism held over peace efforts between the United States and Iran in the Middle East. Shipping has partially resumed through the Strait of Hormuz, and Gulf producers are ramping up production following an initial deal between the two countries.

    3 July 2026 · Joy Online

Tuesday 30 June

  1. Oil prices fall as investors await Iran-US talks

    Brent crude fell 0.9% to $72.51 a barrel as investors focus on potential U.S.-Iran negotiations in Doha amid a strained interim ceasefire, with prices down around 22% from last month and nearly back to pre-war levels from February 27.

    30 June 2026 · Joy Online

Thursday 25 June

  1. Brent crude falls to lowest level since pre-Iran conflict

    Brent crude futures closed at $73.74 a barrel on Wednesday, down 4.3%, after oil tankers resumed exiting the Strait of Hormuz with military escorts. U.S. Energy Secretary Chris Wright said around 20 million barrels exited the strait in the last 24 hours and that flows are now similar to pre-conflict levels, though Iranian mines had delayed normal navigation.

    25 June 2026 · Joy Online

Tuesday 23 June

  1. Oil prices fall as investors monitor Hormuz flows post-talks

    Oil prices declined on Tuesday, with Brent crude falling 0.3% to $77.70 a barrel and U.S. West Texas Intermediate dropping 0.2% to $73.74 a barrel, as investors tracked crude flows through the Strait of Hormuz following U.S.-Iran peace talks and a U.S. sanctions waiver on Iran.

    23 June 2026 · Joy Online

Tuesday 16 June

  1. Oil prices rise on US-Iran peace deal uncertainty

    Oil prices rebounded on Tuesday amid concerns about the lack of details in a preliminary agreement to end the US-Iran war and uncertainty about how quickly the blocked Strait of Hormuz would reopen. Brent crude gained 0.3% to $83.42 a barrel and US West Texas Intermediate rose 0.3% to $81.12 a barrel.

    16 June 2026 · Joy Online

Tuesday 9 June

  1. Oil prices rise modestly as Iran-Israel tensions ease temporarily

    Brent crude and U.S. West Texas Intermediate prices rose slightly after Iran and Israel halted attacks following an appeal from U.S. President Donald Trump, though investors remain uncertain whether the truce will hold given lingering geopolitical tensions and the possibility of resumed strikes.

    9 June 2026 · Joy Online

Tuesday 5 May

  1. Oil prices fall as US Navy reopens Strait of Hormuz

    Oil prices eased more than 1% on Tuesday after the U.S. Navy launched an operation to loosen Iran's closure of the Strait of Hormuz, with a U.S.-flagged vessel successfully exiting the Gulf with military escort. Brent crude fell to $113.22 per barrel and WTI crude to $104.40, though analysts cautioned the escorted passage remains a limited event rather than full reopening.

    5 May 2026 · Joy Online

KCM Trade — Ghanaian press coverage · Ghana Minute