Oil Prices Rise as Traders Continue to Bet on Market Tightening
0800 GMT - Oil prices rise after closing higher for the third consecutive week on Friday. Brent crude is up 0.7% to $85.59 a barrel, while WTI trades 0.8% higher to $82.17 a barrel. Expectations for a
Oil Edges Higher on U.S. Rate Cut Hopes, Geopolitical Jitters
0748 GMT - Oil prices are rising on hopes that the U.S. central bank will soon start cutting interest rates and fears of a wider war between Israel and Iran-backed militia group Hezbollah. Both benchm
Crude Oil Prices Stabilize Even as U.S. Inventory Build Exceeds Expectations, ANZ Bank Says
Crude oil prices were little changed despite a stronger-than-expected build in U.S. crude oil inventories, ANZ Bank said in a Thursday note. U.S. crude stockpiles rose by 3.6 million barrels last week
Oil Prices Fall as Rally Takes a Pause While Traders Watch Middle East Tensions, Summer Demand
U.S. crude oil is trading just above $81 per barrel as prices have pulled back. West Texas Intermediate and Brent are ahead 5.5% and 4.9%, respectively, for the month.
Crude Oil Prices Climb Amid Signs of Strong Demand, Geopolitical Developments, ANZ Bank Says
Crude oil prices ended last week nearly 3% higher despite a sell-off on Friday, sparked by a stronger U.S. dollar and as signs of strong demand helped boost sentiment, ANZ Bank said in a Monday note.
It's been a fierce summer, will oil prices rise? (Note: 看涨 translated as 'rise')
The American Automobile Association predicts that a record-breaking 71 million Americans will travel during the Independence Day holiday in early July by driving or flying. Will this wave of travel cause prices of rbob gasoline, which has been weak for a long time, to rise in the United States?
Bank of America: Oil Demand on the Rocks
Crude oil trade reminder: Middle East tensions push up oil prices, but the Federal Reserve's attack has hit bullish morale.
Oil prices rose and fell on Wednesday, supported by continued tensions in the Middle East. Earlier in the day, oil prices rose nearly 2% to a two-week high, but closed mostly higher as the Federal Reserve's two-day meeting ended with a statement indicating that interest rate may not be lowered until December.
Citigroup Analysts Paint Bearish Picture for Global Crude Oil Prices -- OPIS
Citigroup's global commodities team on Wednesday said crude oil has missed out on what has been a "spectacular year for some commodities" and has been mostly range bound with volatility at about 10 year lows.
IEA警告!石油2030年将面临严重产能过剩,届时OPEC+也“无力回天”
石油闲置产能超过800万桶/天
Oil Inches Lower After Rally as Investors Await U.S. Inflation Data, Fed Meeting
0748 GMT - Oil prices edge lower as investors await key U.S. inflation data and the Federal Reserve's policy meeting outcome for more clarity on the path of rate cuts and how that will affect demand.
Sino Oil & Gas Hearing Adjourned, Investors Cautioned
Sino Oil & Gas(00702.HK): hearing adjourned for liquidation application.
Sino oil & gas (00702.HK) announced on June 3 that the High Court has approved the company's application for extension, and the hearing of the application will be further extended to September 9, 2024.
Saudi Arabia plans to start resuming part of international oil supply in October in response to falling international oil prices
Oil prices extended their decline as outsiders worried about the outlook for demand and strong supply.
OPEC+ Extends Global Oil Production Cuts Into 2025 -- Barrons.com
The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, has agreed to maintain current voluntary production cuts through next year. Their decision is expected to keep oil prices higher through the U.S. presidential election.
Sino Oil & Gas Achieves Unanimous AGM Approvals
US crude oil trading reminder: oil prices rose before the OPEC+ meeting and stood at a key position in the 200-day EMA
At the beginning of the Asian session on Wednesday (May 29), international oil prices fluctuated in a narrow range and maintained overnight gains. U.S. crude oil is currently trading around $80.20 per barrel.
The Fed's interest rate cut is expected to fall again, and international oil prices will rise first and then fall
This week (5.16-5.22), crude oil as a whole showed a trend of rising and then falling. WTI averaged 79.18 US dollars/barrel this week, up 0.53 US dollars/barrel, or 0.67% from the previous week.
The commodity boom came to an abrupt end! Basic metals fell across the board, copper and nickel fell sharply, and crude oil fell three times in a row
The minutes of the Federal Reserve meeting show that the Federal Reserve may postpone interest rate cuts due to continued inflation, thus suppressing market expectations of interest rate cuts, and crude oil prices fell in response. Lun Copper closed down 4.05%, while Lunn Nickel fell 4.4%. Some analysts pointed out that the main reason for the decline in copper prices may be related to investors starting to make a profit settlement after copper prices hit a record high, recent weakness in copper demand, and a possible increase in copper production in Peru in 2024.
Oil Prices Rise After Iran's President Dies, Saudi King Falls Ill
By Callum Keown Oil prices climbed Monday after Iran's President Ebrahim Raisi died in a helicopter crash Sunday, according to state-run Press TV. But the oil move was fairly muted in early trading. I
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