Tag: crude oil
The current oil price is still high, the Fed will continue to take measures to fight inflation
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In the external market, U.S. crude oil opened at $88.09 per barrel, down 0.16% so far, with the highest price at $88.15 and the...
Oil prices continue to rise, but demand concerns remain
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On September 12, commodity prices rose due to the weakness of the US dollar, and crude oil futures expanded their gains. WTI crude oil...
Crude oil closed: Inventory pressure and demand worries eased, crude oil rebounded from seven-month lows and closed higher
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September 9 news, traders get rid of the sharp increase in domestic crude oil supply in the United States and the pressure of a...
Oil slumps to near 8-month low as recession drags on
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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
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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
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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
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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
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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
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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
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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
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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
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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...