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Commodity Watch — Jun 1, 2026, 08:00 UTC
Welcome to Commodity Watch on rawfin.tv. Global geopolitics are dictating market moves. Oil prices remain a major concern. Exxon and Chevron warn oil could hit 160. This is due to Iran conflict fears and low stockpiles. Supply disruptions in the Middle East are a constant threat.
Key takeaways
- Exxon and Chevron warn oil could hit 160.
- It dropped 1.49 to 4 524.7.
- This happened even with the Dow closing above 51 000.
Transcript
Welcome to Commodity Watch on rawfin.tv. Global geopolitics are dictating market moves. Oil prices remain a major concern. Exxon and Chevron warn oil could hit 160. This is due to Iran conflict fears and low stockpiles. Supply disruptions in the Middle East are a constant threat. OPEC decisions also loom large. Geopolitical risk premiums are embedded. Gold often a safe haven saw August futures fall. It dropped 1.49 to 4 524.7. This happened even with the Dow closing above 51 000. Our Fear Greed Index sits at 29 signaling Fear. This shows underlying market anxiety. Despite some market optimism uncertainty persists. The reported Iran nuclear agreement news offers a mixed signal. But the oil warning remains stark. This creates a volatile environment. We see this tension reflected daily. World events directly impact your portfolio. Stay informed with
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