Oil Prices Rise on Hopes China's Interest-Rate Cuts Will Revive Demand for the Largest Importer
Ubs Group: Setting aside geopolitical issues, the fundamental outlook for oil remains bearish.
UBS Group believes that only if OPEC+ continues the production cut, the oil market can remain balanced in 2025.
WTI Rebounds to Near $70 on PBoC's Larger-than-expected Rate Cut
Oil Market's Focus Next Year to Return to Weak Fundamentals, Looming Oversupply, Commerzbank Says
Bearish Control Over Oil
US stocks rose for the sixth consecutive week, crude oil plummeted, gold and silver shone | Overseas major asset weekly report
Spot gold hit record highs twice this week, with a total weekly increase of about 2.4%, while silver rose about 7% to nearly a twelve-year high for the week. With the USA pushing for a ceasefire in Gaza, the crude oil market showed a weak performance this week. The dollar fell from an 11-week high.