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?

wallstreetcnJun 21 04:33 ET

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.

wallstreetcnMay 22 19:15 ET

Learn Citadel, Commodities “Arms Race”: AI and Big Data

Russell Hardy, CEO of Vitol, said that trading companies mainly use AI in two ways: one is to improve business efficiency, and the other is to gain trading advantages through stronger analytical capabilities.

wallstreetcnApr 21 21:25 ET

After keeping an eye on the Middle East for a week, oil prices finally “fluctuated” and returned to a “waiting mode”

Although oil prices have never surpassed the high before Iran attacked Israel last weekend, the volume of bullish Brent crude oil options soared to a record high. Brent crude oil futures fluctuated the most in a few months, leaving traders in almost the same situation as a week ago during the weekend, waiting for the next steps of Israel and Iran.

wallstreetcnApr 21 19:05 ET

Zhang Kun's latest quarterly report released: his combination is “resting” and his thoughts are “running wild”

The rules of stock selection in this era have changed

wallstreetcnApr 19 14:35 ET

Oil Markets React to Reports of Israeli Attack on Iran

Oil pared an earlier jump, after Iranian media appeared to downplay alleged retaliatory strikes from Israel reported by US officials. Brent crude traded about 2% higher after earlier soaring above $90 a barrel over potential concerns for a wider regional conflict. Bloomberg's Stephen Stapczynski reports.

BloombergApr 19 03:34 ET