Also known as: chief market analyst at KCM Trade · KCM Chief Market Analyst Tim Waterer · chief market analyst at KCM
Verbatim sentences from the source article.
Joy Online
… ed last month would lead to a permanent halt to the war, which has engulfed Iran’s neighbors. “The chances of oil moving back toward $100 in the reasonably near term are still meaningful if hostilities intensify which damages energy infrastructure around the Gulf,” Tim Waterer …
Oil rises after US-Iran hostilities flare again with strikes on energy targetsJoy Online
… lockade of Iranian shipping and proposed charging a 20% fee to guard the Strait of Hormuz. “The latest escalation, including the U.S. reinstatement of the blockade and Iranian responses, has clearly injected fresh risk into the market,” KCM Trade chief market analyst Tim Waterer …
Oil hits one-month high as US, Iran step up attacks in Strait of HormuzJoy Online
… pre-Iran war levels on Monday. “The steps towards recovery in supply have eased the immediate risk premium, but the market remains wary of putting too much faith in the stability of the current truce given the on-again-off-again nature of U.S.-Iran relations,” said Tim Waterer …
Oil prices gain as focus shifts to supply recovery and demandJoy Online
… e week was up 0.35% and WTI up 0.43%, the smallest weekly movements for both in months. “It’s a case of guarded optimism, with the market wanting to believe the peace efforts will hold, but it’s still hedging its bets until it sees real evidence on the water,” said Tim Waterer …
Oil up slightly ahead of long US weekend as peace efforts holdJoy Online
… Both Brent and 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 …
Oil falls as investors focus on potential Iran-US talks in DohaJoy Online
… ludes the lifting of U.S. sanctions on Iranian oil, which would increase supply. “Traders are still waiting for hard evidence that tanker traffic through the Strait of Hormuz is actually normalising before committing to the next leg lower,” KCM Chief Market Analyst Tim Waterer …
Oil falls as supply starts moving through Strait of HormuzJoy Online
… ping the fighting but a final agreement 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 …
Oil rebounds on concerns about US-Iran peace deal, restoration of supplyJoy Online
… hopes of an imminent end to the wider 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 …
Oil rises slightly as investors await clarity after Iran-Israel halt attacksJoy Online
… focused on whether there’s any concrete progress or setbacks in U.S.-Iran negotiations, the tone and substance of statements from both sides (particularly Iran’s threats regarding the Strait of Hormuz), and actual physical tanker movements through the waterway,” said Tim Waterer …
Oil steadies as uncertainty over US-Iran talks keeps markets on edgeJoy Online
… West 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 Tr …
Oil eases on signs US is loosening Iranian closure of Strait of HormuzSpot 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 →
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 →
Oil prices gained on Tuesday as renewed fighting between the U.S. and Iran in the Middle East raised fears of supply disruptions, with Brent crude up 0.6% to $91.05 a barrel and U.S. West Texas Intermediate up 1% to $86.59. The escalation, including President Trump's threat of further strikes following Sunday's direct attacks, has raised concerns about potential damage to energy infrastructure around the Gulf and shipping disruptions through the Strait of Hormuz.
1 September 2026 · Joy Online →
Oil prices steadied on Tuesday after falling over 2% on Monday, as investors assessed the impact of expanded U.S. secondary sanctions against Iran announced by Treasury Secretary Scott Bessent. The U.S. is pursuing economic coercion rather than military force, which analysts said reduced concerns about threats to Middle Eastern oil supply.
25 August 2026 · Joy Online →
Oil prices climbed Tuesday after Iran said it would adopt a "fully offensive" military posture and the U.S. ruled out extending a ceasefire agreement, with progress toward reopening the Strait of Hormuz stalled. Brent crude rose 0.3% to $91.14 a barrel and U.S. West Texas Intermediate gained to $85.04.
18 August 2026 · Joy Online →
Oil prices edged up on Friday after the United States threatened an indefinite naval blockade of Iran, offsetting earlier bearish signals from weaker demand outlook and large US stock builds. Brent crude rose to $87.08 a barrel and WTI to $81.31 a barrel, with both benchmarks tracking weekly gains of about 4%.
14 August 2026 · Joy Online →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
Oil prices fell on Friday as oil tankers began moving through the Strait of Hormuz following a U.S.-Iran interim peace deal, with Brent crude futures down 0.68% to $78.31 a barrel and analysts expecting over 85 million barrels of stranded Middle East Gulf oil to reach global markets alongside the lifting of U.S. sanctions on Iranian oil.
19 June 2026 · Joy Online →
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 →
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 →
Oil prices remained mostly steady on Tuesday as conflicting reports about US-Iran negotiations created market volatility, with Brent crude at $95.04 and West Texas Intermediate at $91.99 per barrel. President Trump said talks were ongoing and expected a ceasefire extension and Strait of Hormuz reopening within a week, while Tehran's news agency reported suspended negotiations.
2 June 2026 · Joy Online →
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 →