Worse than the financial crisis and the COVID-19 pandemic! Illustration: To what extent has the oil market collapsed?
① As global benchmark Brent crude oil fell below $70, oil prices have reached their lowest level since December 2021; ② In fact, what is even more alarming to market participants than the sharp decline in prices may be the popularity of the crude oil market.
Harris Vs. Trump: Vice President Holds 3-Point Lead Ahead Of Presidential Debate, But Swing States Still Close, Up For Grabs
Occidental Petroleum Options Spot-On: On September 10th, 94,261 Contracts Were Traded, With 1.11 Million Open Interest
Oil Prices Tumble to Their Lowest Level Since 2021 -- WSJ
Berkshire Hathaway May Be in Red on Its Big Stake in Occidental Petroleum -- Barrons.com
EIA Predicts Oil Prices Will Recover in 4Q on Inventory Draws
Occidental Petroleum Options Trading: A Deep Dive Into Market Sentiment
Did oil prices plunge due to oversupply? Senior commodity analyst: The market is "scared".
①Currie said at the annual Asia-Pacific Petroleum Conference in Singapore that the market's concerns about oversupply were "completely exaggerated," and "in terms of oil, this year's production in the USA remained stable"; ②"The key issue is that the market has seriously overestimated the extent of oil supply glut, and the record short positions reflect this... I have never seen this situation before."
Oil Prices With Massive Weekly Losses – Commerzbank
Oil market hit by bearish assault again! OPEC once again lowers global oil demand expectations for this year and next.
OPEC lowered its forecast for global oil demand growth in 2024 on Tuesday, reflecting the data received so far this year, and revised down expectations for next year, marking the organization's second consecutive downward revision.
Here's What the Harris-Trump Debate Means for US Stocks
Occidental Petroleum Stock: Is OXY Outperforming the Energy Sector?
Express News | Occidental Petroleum Corp : Piper Sandler Cuts Target Price to $57 From $63
Trump threatened to put 'cheaters' in jail, prompting strong criticism from American election officials.
① Recently, Trump made controversial remarks again, claiming that if he wins the US election, he will put those who "cheated" in the election in prison; ② US election officials condemned Trump's remarks on Monday.
OPEC Trims Oil Demand Outlook Further Amid Price Slump -- Update
The demand for natural gas in the USA has plummeted due to the impact of tropical storm Francine, causing a sharp decline in prices.
Henry Hub natural gas futures fell sharply on Monday in the United States. The reason is that the tropical storm 'Franklin' in the Gulf of Mexico is expected to make landfall on the shores of Texas and Louisiana on Wednesday, which is likely to result in power outages and shutdowns of liquefied natural gas export plants, thereby affecting demand and causing a decrease in natural gas prices.
Top global crude oil traders: As volatility decreases, the prosperous era of the market will come to an end.
As the impact of major market events in the past few years gradually fades, top global csi commodity equity index traders are striving to cope with a more challenging crude oil trade environment.
How will the election results affect the US stock market? Let's first see what tonight's 'Hart First Debate' has to say...
①Vice President Kamala Harris and former President Donald Trump will kick off a "debate duel" on Tuesday (the 10th) Eastern Time; ②For Wall Street, amid the uncertainty of the job market, interest rates, and geopolitical issues, this duel may add another layer of volatility.
U.S. Natural Gas Slumps as Gulf of Mexico Storm Seen Slamming Demand
Occidental Petroleum Options Spot-On: On September 9th, 54,968 Contracts Were Traded, With 1.12 Million Open Interest