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Commodity Watch — May 2, 2026, 07:00 UTC
Good morning rawfin.tv viewers. Geopolitics dominate commodity markets today. Oil remains a critical focus. The ECB held rates but warns of oil prices potentially hitting 150 in May. This reflects escalating Iran conflict risks. Supply disruptions remain a major concern.
Key takeaways
- The ECB held rates but warns of oil prices potentially hitting 150 in May.
- June futures are up 0.32 to 4 644.5.
- Our Fear Greed Index sits at 39 clearly signaling Fear.
Transcript
Good morning rawfin.tv viewers. Geopolitics dominate commodity markets today. Oil remains a critical focus. The ECB held rates but warns of oil prices potentially hitting 150 in May. This reflects escalating Iran conflict risks. Supply disruptions remain a major concern. Gold shows its safe-haven appeal amidst this tension. June futures are up 0.32 to 4 644.5. Our Fear Greed Index sits at 39 clearly signaling Fear. Investors seek security amidst global uncertainty. Silver is also making a significant move. May futures surged 3.25 to 76.431. This reflects both industrial demand and inflation hedging. These moves underscore the profound impact of world events. Instability fuels commodity volatility. Vigilance is key for every investor. Stay informed with rawfin.tv.
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