Economists Optimistic About NODX Rebound Despite August Contraction
Oil Prices Settle Up On Supply Shocks, Prospect Of U.S. Interest Rate Cuts
U.S. Reportedly to Seek 6M Barrels for Strategic Petroleum Reserve
API Weekly Crude Oil Stock: 1.96M Barrel Build Vs 100K Barrel Draw Est.
Oil Is Trading Higher as Gulf of Mexico Disruptions and Middle East Tensions Drive Possible Supply Uncertainty. Investors Also Await Fed Rate Cuts, Which Could Support Demand.
U.S. Crude Oil Stockpiles Seen Down in Week Ended Sept. 13
How to view the "historically pessimistic" oil price, goldman sachs: short but long!
Goldman Sachs expects that Brent crude oil will recover to $77 per barrel in the fourth quarter of this year, as the market's overly pessimistic sentiment towards oil demand improves and the OECD inventory remains slightly below normal levels, providing some support for oil prices. However, over time, the market's pessimistic expectations for supply and demand balance are gradually increasing, putting further pressure on oil prices next year.
Crude Oil Hovers Below $70 as Traders Focus on US Supply Disruptions, Fed Meeting
Commodity Roundup: As Rate Cut Hopes Steer Gold to Record Highs, Silver Shows Potential
Oil Rises on U.S. Rate-Cut Expectations, Output Concerns -- Market Talk
Iraqi Prime Minister: Cost disputes delay the restart of important oil pipelines, prompting production to meet OPEC quotas.
The Iraqi Prime Minister said that the restart of the important oil pipeline in Iraq, which has been closed for over a year, is being hindered due to disagreements over the cost issue.
Citigroup Sees Brent Crude Rallying to $75/bbl, But Ending 2025 at $60/bbl -- OPIS
Goldman Says Forward-Looking Investors and Traders Behind Low Brent Prices -- OPIS
Oil prices rebounded before the Federal Reserve interest rate decision, and it is feared that the bulls will have a difficult time causing a major storm.
Nearly 20% of crude oil production in the Gulf of Mexico in the United States has been halted, and with the imminent interest rate cut by the Federal Reserve, it has provided support for oil prices, but the market may still remain cautious.
Commodity Roundup: China's Oil Demand Falls, Gold Hits Another Record High on Rate Cut Hopes
Express News | The expectation of a Fed rate cut and demand concerns coexist, limiting the rise in oil prices.
Gulf of Mexico Drillers Gradually Resume Activities in Wake of Hurricane
After "getting the US bond right", BofA's Hartnett: gold hedge against "secondary inflation", the best "contrary trade" is oil and metals.
Hartnett believes that whether it is Harris or Trump who finally becomes the President of the United States, it will not change the trajectory of the expanding government debt and ballooning deficit in the United States. Therefore, the market will turn to gold in a flight-to-safety sentiment, and it is expected that the price of gold will rise to $3,000 per ounce.
If Trump is elected, it would be bullish for the energy industry and boost oil prices? History shows: quite the opposite.
Although Donald Trump, the Republican presidential candidate, has repeatedly praised oil exploration and caused energy stocks to rebound, which is considered a typical "Trump trade", some Wall Street professionals believe the opposite.
U.S. Gasoline Prices Poised to Drop Below $3/gallon Ahead of Election, Analysts Say