The price of oil is expected to rise to 100 US dollars. Which US oil stocks are worth paying attention to?
Bank of America believes that the imbalance between supply and demand in the oil market will push the price of crude oil to $100 per barrel next year. Analysts at The Motley Fool believe that Western Petroleum, Marathon Oil, and Devon Energy have the most room to rise.
Oil prices have plummeted, and Goldman Sachs has made over 1 billion dollars! See how they can make a big fortune by making a fuss
This blockbuster deal is reminiscent of an era 10 years ago, when Goldman Sachs's commodities division generated about $3 billion in revenue each year.
US stock outlook | Russia is ready to fight! The Federal Reserve increased the scale of repurchase operations
According to CME “Federal Reserve Watch”, the probability that the Fed will cut interest rates by 100 basis points to 0-0.25% in March is as high as 66.8%. The previous forecast was 41.1%.
The worst oil price crisis in history is likely to strike. The US oil bear will go a long way, or it may fall deep to the “price of cabbage”
Oil prices have been kept in check since the outbreak of a public health emergency raised concerns about a slowdown in demand for crude oil. U.S. crude oil is currently in a bear market, down 38% from its recent high. Analysts expect prices to fall further.
The Middle East opens the “door to panic”: the stock market plummeted 7%, and the world's most profitable company broke
The Saudi stock market, which was also traded on Sunday, plummeted 7% intraday, and even Saudi Aramco fell below the issue price. In addition to the stock market, the sharp fluctuations in the commodity market, especially oil prices, are also worrying. What is even more worrying is that fears of a resurgence in the oil price war are escalating. Is the oil price war back on? As the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC oil producers, led by Russia, failed to agree on crude oil production policies after the end of March this year on the 6th, international oil prices fell in panic. Light crude oil futures for April delivery on the New York Mercantile Exchange fell $4.62 to close at $41.28 per barrel by the close of trading on the 6th
The Middle East stock index collectively plummeted, and the 10% drop in the Kuwait Index triggered a meltdown
The stock market in Kuwait suspended trading, and the index fell 10%. Previously, the Saudi stock market opened down 7.15%, and Saudi Aramco's stock price fell 4.85%. At the opening of the market, it fell below the IPO price. Bilateral talks between Russia and OPEC countries failed to reach an agreement on OPEC's production reduction proposal. It is reported that Russia is already preparing for falling oil prices. It believes that deepening production cuts is not a solution. It favors maintaining the current level of production cuts. It is hoped that they will wait until June to decide whether to deepen the scale of production cuts. The OPEC representative said that the OPEC+ meeting ended and no agreement was reached. Affected by this, crude oil closed down more than 10% on Friday. US WTI crude oil revenue