"Three Barrels of Oil" plummeted, and petroleum stocks crashed! What are the key factors affecting oil prices?

Wall Street banks have divergent views on oil prices.

Gelonghui Finance03:21 ET

Crude Oil Extends Declines on Chinese Demand Concerns, WTI Falls Below $80

WTI tumbled below $80.00 per barrel as Crude Oil bids crumble.

FXStreet17:47 ET

Crude Oil Is on a Brink of a Turn – TDS

Crude oil markets could be about to break down. A downtape could now force trend-followers to liquidate a massive -40% of their max size, TDS senior commodity strategist Daniel Ghali notes.

FXStreetJul 16 11:01 ET

Oil Slips on Chinese Demand Concerns Despite U.S. Rate-Cut Optimism

0756 GMT - Oil prices are edging lower on concerns over China's demand outlook despite dovish comments from Fed Chair Jerome Powell ramping up bets on a September rate cut. Brent crude is down 0.7%

WSJJul 16 04:12 ET

Albemarle Most Shorted S&P 500 Materials Stock in June; Ecolab Least Shorted

Seeking AlphaJul 15 14:23 ET

Crude Oil: Downside Pressures to Continue – TDS

Crude oil markets are also particularly vulnerable to a downtape, TD Securities senior commodity strategist Daniel Ghali notes.

FXStreetJul 15 10:46 ET