CLMAIN Crude Oil Futures(DEC4)
- 70.43
- -1.93-2.67%
Crude Oil Futures(DEC4) News
Energy giants publicly 'pessimistic': the crude oil industry will eventually decline, transitioning to the metal market.
Many energy trading giants are turning their attention to the metal sector......
BMI Predicts Decline In Oil Prices, Citing OPEC+ And US Election
Trump's Middle East global strategy exposed!
Trump may once again impose 'maximum pressure' on Iran, sanction Iranian oil, strongly support Israel's strikes on Iranian nuclear and energy facilities.
Midday crude oil analysis: Both American and Brent oils have fallen back during the Asian trading session, but will the Fed rate cut provide price support?
The Federal Reserve lowered its target interest rate by 25 basis points at 3 a.m. Beijing time today, marking the second rate cut since 2020.
OPEC+ has extended the duration of production cuts, the decrease in supply is helping the oil price bottom rebound.
The overall trend of crude oil is showing a volatile upward trend. The average price of WTI this week is $70.78 per barrel, up $1.75 per barrel, or 2.53%, from the previous week. During the week, the main factors boosting oil prices include: OPEC+ extending production cuts, hurricanes leading to a reduction in US oil production, and ongoing uncertainty in the Middle East geopolitical situation. The main factors putting pressure on oil prices include: EIA's increase in crude oil and petroleum product inventories.
Oil Prices Rise As Investors Weigh US Election Impact And Supply Disruptions
Oil Futures Settle Higher After Shaky Start -- Market Talk
NYMEX Overview: Oil Sees Small Gains as Dollar Value Eases -- OPIS
Oil Edges Higher Ahead of Fed Decision -- Market Talk
Oil Futures Edge Lower After Post-Election Swings -- Market Talk
Oil Price Declines, Weaker Demand to Drive U.S. Gasoline Lower -- Market Talk
WTI Price Forecast: Breaks Below $71.50, Ascending Channel Pattern
Fed Interest-Rate Cut Still Likely After Trump's Win but December Is Open
Dollar Pulls Back Ahead of Expected Fed Rate Cut
Trump hits commodity futures hard, Citi: sell oil, buy the dip in gold, watch China for metals.
After the "Red Tide" swept through, commodities plummeted. Citigroup predicts that Trump's return will suppress oil prices, but still bullish on the gold bull market, the global de-dollarization process and central banks of various countries shareholding gold will continue to provide support. The mid-term trend of base metals may depend on changes in china and trade situation.
WTI Crude Ends Volatile Session Below Key Level, Short Bias Urged
Midday crude oil analysis: Trump's policy changes, will the oil & gas industry usher in a new direction?
If Trump wins the election, how will the energy policy change?... Will the oil price rise slightly as a result of increased inventory or the strong US dollar behind it?
Hong Kong stock concept tracking | Trump's victory is bearish for oil prices. The aviation sector benefits from the drop in oil prices (with concept stocks).
Citi: Trump's re-election may create downward pressure on oil prices until 2025.
Trump 2.0 will suppress oil prices? It's not that simple.
The long-term outlook for the oil market is actually mixed.
WTI Drifts Lower to Near $71.50 on the Bullish US Dollar