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Express News | U.S. Crude Futures Rise Nearly $1 to Intraday High of $75.71/bbl Following News of Hamas Chief's Death in Iran
Oil Rises After Industry Report Shows Another US Stockpile Draw
The Biden administration is seeking additional funds to bolster the petroleum reserves. The energy department only has 1.2 billion US dollars left in its account to purchase crude oil products.
The US Department of Energy has been slowly replenishing its global strategy petroleum reserves, which have decreased to an unprecedented low since the Russia-Ukraine conflict, reaching the lowest level in forty years.
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.
Crude Oil Prices Under Pressure From Weak Chinese Demand, ANZ Bank Says
Oil Steadies After US Crude Stockpiles Log Fourth Weekly Draw
SpyderCall OP : @ThirtyOne
Check it out. I know you were asking about $United States Gasoline Fund Lp (UGA.US)$ the other day. We might see a swing up soon. I'm still trying to decide wether to go long or not. I can't find any news or any type of catalyst for this pop so I am still skeptical.
ThirtyOne SpyderCall OP : I appreciate it! Yea I have been watching this with UNG
TinkerB3ll SpyderCall OP : Agree personally now look to go long but again NG is so highly manipulated![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
SpyderCall OP TinkerB3ll : That is exactly why I am skeptical. I feel like the manipulation could be at its highest ever since the Russian war/Nat gas supply issues.
76545789 TinkerB3ll : ng is heavily shorted that's why kold when ung is high
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