Tag: oil
Saudi raises possibility of oil output cuts
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On August 29, local time, international oil prices rose by more than 4%. Last week, OPEC's top producer Saudi Arabia raised the possibility of...
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...
Russian energy minister says Russia will not supply its own oil and gas at a loss
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Commenting on the idea of western countries to limit the price of Russian energy resources, Russian energy minister Nikolay shulginov said that Russia will...
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...
The latest news of international oil prices: overnight market news and data summary
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International market: At the close of eastern time on Wednesday (September 7), international crude oil closed down, of which WTI crude oil futures closed...
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...
Fed needs to raise policy rates further to cool inflation
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On Thursday (September 8), the US dollar index rose sharply and temporarily reported 109.78, an increase of 0.20%. Fed Vice President Brainard said the...
The S&P 500 fell 4.24% in August, the second quarterly report disclosure is coming to an end
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The S&P 500 has been trying to balance the relationship between interest rates and fed expectations this year, but it failed to find a...