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Chinese PPI, American Household Budgets Pose Risk to Consumer Spending

Nasdaq and silver surge as dollar weakens; inflation rises, gas prices bite, sentiment sinks despite strong payroll headline
11 May 2026

Precious metals trend higher, AI-driven tech layoffs, US key payrolls data

Bonds continue to move lock step with Brent while precious metals have started trending higher again....
8 May 2026

Latest reports

Naphtha finds its footing

Global naphtha markets rebound despite a softer start to the week, despite selling in the East...
17 page report
11 May 2026

Brent Climbs to $104.07/bbl

Brent rebounds; Aramco warns Hormuz risks could cut 100mb weekly; LNG crossings resume; Trump eyes gas tax pause
4 page report
11 May 2026

The Art of the Peace Deal

This week, we present the case for buying the Jun/Jul'26 DFL and Jun'26 EBOB crack.
9 page report
11 May 2026

Relentless RBOB

RBOB futures drive gasoline strength, EBOB cracks at highest levels since 2022; market risk focused in Jun'26 EBOB crack
14 page report
11 May 2026