Oil Prices Give Back Some Gains After Rally on Libyan Production Halts
Goldman Cuts Oil Outlook Below US$80 as Opec+ Risks Send Chill
International oil prices continue to fall? Goldman Sachs and Deutsche Bank both lower their expectations.
①With the increase in global oil supply, Goldman Sachs and Morgan Stanley recently lowered their oil price forecasts. ②Both companies expect a global crude oil market surplus, with oil prices expected to decline over the next 12 months.
The oil price decline shows no signs of stopping? The OPEC+ decision is crucial, with Goldman Sachs and Morgan Stanley both bearish until 2025.
Wall Street is concerned about the crude oil product outlook for next year, with Goldman Sachs and Morgan Stanley both lowering price forecasts due to the global increase in supply.
Overnight US stocks | The three major indexes rise and fall differently, the Dow hits a new historical high, and the tense situation in the Middle East helps crude oil surge by more than 3%.
At the close, the Dow Jones Industrial Average rose 65.44 points, or 0.16%, to 41,240.52; the Nasdaq Composite fell 152.03 points, or 0.85%, to 17,725.77; the S&P 500 Index fell 17.77 points, or 0.32%, to 5,616.84.
Crude Oil Futures Rise on Middle East Tensions
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Bees Knees : Same, I started my investment journey a couple of months ago and its not been easy! While the price is down right now it has a lengthy history so there is some future to be had. I don't think its a quick turnover, but I think staying put will offer some good returns
Space Dust : i have spent substantial time digging into the dynamics of the company as dividends are becoming more popular choices.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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. 
can only be slaughtered once . 
and 
.
so far, according to others, the leftist leader of Colombia has really been an issue with EC..
whenever someone leftist sees a target to extract resources " for the people"
many investors are apprehensive to someone waking up everyday thinking of ways to " rob the rich, feed the poor"
short sighted mentality, as the cash cow
and it provides the
so, milk it as much as possible..
when dividend time comes, putting his hand in there , and
" giving to the poor" and then..
you KNOW, he thinks," welp,nice dividend , how can we take 1/3 of that.. the " rich " are greedy and should be satisfied with less .
CNNT OP Bees Knees : Ya, I have to agree on principle. But first, we have to drown out the noise and curb that short-term opportunitic urge. I set out to reap long term benefits but was tempted to explore all the exciting shiny things and got lost a bit. But still, in the early days in the journey, let's not make the same mistakes over and over.
CNNT OP Space Dust : I guess you are right at a philosophical level and it could play out that way, so its something we should ve keenly aware of. But what bugs me is some of the unhealthy financial numbers, suggesting the company is not well run. So while promising, I won't hold too much of such stocks.