Wall Street determines: Trump's bearish on oil prices.

Goldman Sachs and Citigroup both believe that Trump's tariff policy may bearish for oil prices. Goldman Sachs said that if tariffs severely affect the global economy, oil prices may fall by $11 to $19 per barrel next year.

wallstreetcn19:00 ET

OPEC Monthly Report: Oil supply shortages may occur in the coming months as countries such as Russia have not yet fulfilled their production cuts.

On Wednesday, according to the latest monthly report from OPEC, although Russia significantly reduced its crude oil production in June, the three main OPEC+ members, Russia, Iraq, and Kazakhstan, still supply tens of thousands of barrels per day more than their quotas set earlier this year.

wallstreetcnJul 10 16:30 ET

Global commodity inventory is in a state of emergency: inventory days of available commodities outside of China experienced the largest month-on-month decline in 31 months.

JPMorgan said that the main reason for this decline was due to the decrease in crude oil and refined product inventories. The global available days of oil and refined products in June decreased sharply by 2.5 days, the largest monthly decline in four years.

wallstreetcnJul 8 02:17 ET

Optimistic prospects for interest rate cuts have led to a general increase in major overseas asset classes such as US stocks, gold, silver, and crude oil. Weekly report on major overseas assets.

After the release of non-farm data for the week of July 1-5, the US stock and bond markets rose and the US dollar came under pressure. Upon realizing the 'data detail' that the data in the first two months before non-farm was cut by 0.11 million, US bonds sharply rebounded and the yield curve became steeper.

wallstreetcnJul 7 05:50 ET

Is the oil price driver here? Category 4 Hurricane Belial is advancing into Texas, threatening major US refineries.

The hurricane season in the Caribbean Sea is threatening the operation of major oil refineries in Texas, the largest oil-producing state in the United States.

wallstreetcnJul 3 19:47 ET

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