Oil

Marginal pressure in oil on reports that Iraq made progress with export pipeline to Turkey

• Pipeline to be operational by the end of April

Implied volatility levels for today

• A list of the implied volatility ranges for various assets for today's session

Senior official says gaps to a deal between Israel and Hamas remains large

• Further comments from the negotiations in Cairo

Oil is recovering some of its earlier loss

• Gold dropped also and its fully recovered

Goldman Sachs says Brent stays below $100/bbl in their base case

• Goldman Sachs crude oil projection

Reports that progress has been made in Gaza ceasefire talks

• Egyptian news reports

Middle East geopolitical tension eased back a little over the weekend

• Oil prices have opened the week lower

Oil futures have opened for the new week - price drop as weekend risk passes

• Oil price gap down

ICYMI - Bank of America says higher oil prices (>$100) will prevent central bank rate cuts

Oil price has been heading higher all year, should we now be excited about a Golden Cross?

• Brent crude is showing the technical indication, WTI is on the edge

WTI crude oil posts the first weekly close above $90 since October

• WTI crude up 49-cents to $91.14 on Friday but gave up 70-cents of gains late.

Baker Hughes US oil rig count +2

• The latest oil and gas drilling report

Fears of Iran attack on Israel are driving markets

• That would explain the recent price action

US targets tankers in fresh Iran sanctions

• US adds new vessels to Iran sanctions

ICYMI - US has put on hold plan to refill emergency oil reserve amid high prices

• US Department of Energy will buy later, "as market conditions allow". Fed put, meet DoE put.