OPEC Maintains Oil Demand Growth Outlooks, Flags Rising Tariff Uncertainty

MT Newswires04:08

The Global Strategy reserves were increased by 0.275 million barrels! What signal does the USA government's 'oil hoarding secret war' release?

USA SPR inventory has been increasing for seven consecutive weeks, reaching a 16-month high, while commercial inventory is nearing the 0.435 billion barrel threshold.

Golden10 DataMar 12 22:44

Midday Crude Oil Analysis: The US dollar continues to weaken. Can the crude oil market welcome a new round of increases?

During the morning trade session in Asia, the price of Brent Crude Oil Product Futures rose, supported by a weakening dollar.

Golden10 DataMar 12 12:41

Everbright: OPEC+'s increase in production is bullish for the recovery of oil shipping demand, remaining bullish on the upturn in shipping prosperity.

The outlook for Crude Oil Product demand is positive, coupled with the effect of lower oil prices boosting demand, which is expected to drive a continuous increase in oil transportation demand.

Zhitong FinanceMar 12 07:17

Midday Crude Oil Analysis: USA is pressuring oil prices, can Brent Crude Oil Futures stabilize?

The market is closely watching the USA's next move as the USA government is working to lower oil prices.

Golden10 DataMar 11 12:39

Oil CEOs Back Trump's Energy Agenda as Crude Hits Six-month Low

The Edge MarketsMar 11 11:48