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Interest rate cuts are no match for recession expectations! Institutions put the oil price at $60, and Hong Kong petroleum stocks have weakened against the trend.
Why is the Hong Kong stock petroleum stock weakening against the trend, and why is the market reacting tepidly to the interest rate cut? What bearish factors have a greater impact on the far-term oil price, according to institutions?
Nymex Overview: Petroleum Futures Shed Earlier Gains to Move Lower -- OPIS
Oil Futures Slip Ahead of EIA Inventories, Fed Decision -- Market Talk
Crude Oil Slides Below $70 Ahead of Vital Fed Meeting
Economists Optimistic About NODX Rebound Despite August Contraction
Oil Prices Settle Up On Supply Shocks, Prospect Of U.S. Interest Rate Cuts
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