WTI Hovers Near $73.50, Upside Seems Possible Due to a Potential Increase in Oil Demand
WTI Crude Gains Fifth Straight Day, Breaking Above December High
Oil prices have risen for five consecutive times, Energy stocks lead the rise in U.S. stocks. What is the market anticipating?
The rise in oil prices is mainly due to the market's expectation of the Trump administration's upcoming sanctions against Iran, Venezuela, and Russia, which will lead to a reduction in Global Crude Oil Product supply, causing Energy Stocks to strengthen and become the stocks with the largest increase this week.
Oil Opens New Year With Strong Gains on Optimism Over Economic Rebound in China
U.S. Oil Rig Count Down 1, Gas Rigs up 1 - Baker Hughes
Commodity Roundup: Gold, Oil Futures Set for Weekly Gain as Traders Brace for Trump Policies
WTI Crude Breaks Resistance, Eyes US$80 Next
Noon Crude Oil Analysis: USA crude oil inventories have declined for six consecutive weeks, can Brent Crude Oil prices reach new highs?
After the USA's Crude Oil Product inventories fell for the sixth consecutive week, Brent Crude Oil Futures traded in Asia's early session...
Oil Prices Inch Higher on China Stimulus Hopes; Set for 2nd Straight Weekly Gain
Weekly Crude Inventories Fall Less Than Expected
EIA Crude Oil Product inventories decreased by 1.178 million barrels month-on-month, a decrease lower than market expectations.
In the USA, commercial Crude Oil Product inventories excluding the Strategic Reserve decreased by 1.178 million barrels to 0.416 billion barrels, the lowest level since the week of September 20, 2024, with a decline of 0.28%.
Crude Inventory Down -1.2M Barrels for Week Ended Dec 27 - EIA
German Power Slips Below Zero as Negative-Price Phenomenon Grows
Commodity Roundup: Oil Rises to Start New Year, Russian Gas Exports to EU via Ukraine Halted
Oil Benchmarks Little Changed for 2024; Demand Concerns Dampen 2025 Price Outlook
Hong Kong stocks are moving differently | Petroleum stocks are collectively rising as the cold wave in the USA drives Crude Oil Product fluctuations upwards. Institutions continue to be Bullish on the long-term value of the "three major oil companies."
Petroleum stocks collectively rose, as of the time of publication, China Oilfield Services (02883) increased by 3.2%, reaching 7.1 Hong Kong dollars; Sinopec (00386) rose by 2.51%, reaching 4.49 Hong Kong dollars; CNOOC (00883) increased by 1.971%, reaching 19.22 Hong Kong dollars.
The most bullish oil prices in four months! Traders focus on "Trump VS Iran".
Although oversupply puts pressure on the oil market in 2025, investors are still preparing for upside risks, primarily influenced by Trump's stance on Iran after returning to the White House, as well as the ongoing geopolitical risks.
Trump's return to the White House may bring new variables, as bets on Crude Oil Product Call have risen to a four-month high.
In the second-to-last week of 2024, as investors prepare for Trump's return to the White House in the new year, bets are being placed on Call Crude Oil Product, reaching their highest point in four months.
Oil Prices See Bullish Bets At Four-Month High Amid 2025 Risks
Crude Oil Edges Higher, Helped by Rally in Diesel and Natural Gas Futures