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Oil slumps to near 8-month low as recession drags on

International crude oil futures plummeted, oil prices returned to the level before the war between Russia and Ukraine, and WTI crude oil hit a...

Iraq suspends crude oil supply to Jordan

On September 11, according to Jordanian media reports, the Jordanian energy minister said that the supply of crude oil from Iraq to Jordan has...

Crude oil supply risk intensifies again! EIA cuts U.S. oil output forecast for next year

It was learned that the U.S. Energy Information Administration (EIA) released its monthly report on Wednesday (September 7) Eastern Time, lowering its annual oil...

EIA crude oil inventories unexpectedly increased sharply, US oil bottomed out and rebounded in the short-term

Data released by the U.S. EIA showed that the U.S. commercial crude oil inventories excluding strategic reserves in the week ended September 2 greatly...

September 9 US crude oil trading strategy: rebound as scheduled after oversold, be wary of returning to the decline

The number of U.S. jobless claims fell to a three-month low, and global stock markets generally rebounded, driving a rebound in oil prices. In...

How Fed Rate Hikes Affect Oil

U.S. dollar rises as U.S. Federal Reserve raises interest rates, oil prices fall. The Fed raises interest rates to promote the appreciation of the...

Poor U.S. data is bullish for precious metals

On August 25, the overall price of precious metals was positive, with gold prices fluctuating within the range of US$1750-1760/oz, and silver stabilizing at...

Indian refinery capacity utilization exceeds 100% in July

India's crude oil output fell 3.8% in July compared with a year earlier, as private companies and state-owned oil and gas companies (ONGC) pumped...

U.S. crude oil, refined oil inventories fall

On August 24, local time, the EIA said that in the last week, U.S. crude oil and refined oil inventories fell, but the large...

Today’s wti crude oil price (25 Aug 2022)

name Price (USD/Barrel) ups and downs Change (%) date wti crude oil 95.37 1.60 1.71 2022/8/25 Above is wti crude oil price today. For more oil price inquiries, or to learn about oil prices,...

Production cuts may coincide with the return of Iranian oil to the market

On August 24, Brent crude oil futures rose 3.19%. Nine OPEC sources said that the OPEC+ production cuts considered by Saudi Arabia this week...

Today’s brent crude oil price(24 Aug 2022)

name Price (USD/Barrel) ups and downs Change (%) date brent crude 99.13 3.06 3.19 2022/8/23 Above is brent crude oil price today. For more oil price inquiries, or to learn about oil prices, crude...

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