If OPEC+ cancels the voluntary production cut plan, what will happen? Analysis: Oil prices may be halved next year.
1. The agreement of OPEC+ member countries to reduce daily production of 2.2 million barrels of crude oil has been postponed until the end of December; 2. Market observers state that if the organization does not reach a genuine agreement to control production in the future, oil prices may fall to $30 or $40 per barrel next year; 3. According to forecasts, the organization is more likely to gradually phase out production cuts early next year, rather than immediately withdrawing completely.
Revealed! The oil & gas industry in the USA calls out to Trump: Give up Biden's climate policy!
1. The oil & gas industry in the usa directly calls out to the newly elected President Trump, urging him to repeal many of the climate change policies implemented by the Biden administration; 2. The API urges Trump to cancel the federal government's delegation of authority to California, not allowing California to enact state tailpipe emissions regulations stricter than federal regulations, and to repeal the clean energy regulations of the United States Environmental Protection Agency (EPA).
Oil Edges Lower, Likely Weighed by OPEC's Demand Forecast Trim -- Market Talk
Oil Steadies Near November Lows With Outlook for Demand in Focus
OPEC Trims Oil Demand Projections for Fourth Consecutive Month
In-Depth Examination Of 14 Analyst Recommendations For EOG Resources
Chevron's Options: A Look at What the Big Money Is Thinking
Tuesday Market Finally Slows Down, Takes a Post Veterans Day Breather | Live Stock
Wells Fargo's 'Focus List' – GOOGL, TJX, XOM, JPM
US Government Buys Oil for Strategic Reserves yet Again – Commerzbank
Oil Trading Higher Even as OPEC Cuts Demand Forecast
Benchmark Reiterates Hold on EOG Resources
Crude Oil Finds Cushion Even as Traders Expect More Downside Under Trump
Liquefied natural gas becomes a key bargaining chip: EU wants to use energy imports to leverage Trump's tariff iron fist.
①Ursula von der Leyen suggested last week that the EU may consider using liquefied natural gas from the USA to replace the supply from Russia; ②American extractors may experience rapid growth due to the expansion of the European market and the commitment by Trump to restore export permits.
Oil Steady Amid Demand Concerns, Stronger U.S. Dollar -- Market Talk
350, 6000, 44000, 88000! Last night, these four numbers interpreted the 'Trump trade'...
1) 350, 6000, 44000, 88000 - Do you know the meaning of these series of numbers? 2) They represent the integer positions reached by Tesla, s&p 500 index, Dow Jones, and Bitcoin respectively yesterday's breakthrough.
U.S. Natural Gas Futures Soar on Colder Weather Forecasts
Oil Prices Weaken as Markets Brace for New U.S. Policies -- Market Talk
Trump reportedly plans to narrow the range of Treasury Secretary candidates this week, with candidates from a Wall Street background taking the lead.
①According to media reports citing sources, usa President-elect Trump plans to narrow down the range of candidates for Treasury Secretary within this week, and is inclined to choose someone with a Wall Street background for this important position; ②After winning the US presidential election, there is close attention from the public on how he will form the cabinet for his second term. Treasury Secretary and Secretary of State are usually the positions where the US President prioritizes the selection of candidates.
Goldman Sachs: Trump's 'Super Week' ends, the US stock market will enter a rotation market.
Goldman Sachs traders expect that after the trading market driven by the US election ends, the forecast rotation pressure will continue to be a significant feature of the market, as investors put money into smaller market cap companies and seek opportunities in cyclical/inflation themes.