United States EIA Crude Oil Stocks Change registered at 6.926M above expectations (0.5M) in March 20

Mar 25, 2026

Oil: Supply shock deepens as Hormuz stays constrained – TD Securities

TD Securities’ Senior Commodity Strategist Ryan McKay warns that Oil markets face escalating tightness as flows through the Strait of Hormuz remain severely restricted and Gulf production cuts exceed 10m b/d.

ECB: Inflation risks point to further hikes – ABN AMRO

ABN AMRO economists Bill Diviney and Jan-Paul van de Kerke note that the ECB is likely to respond to the renewed energy shock with additional tightening focused on preventing second-round effects.