Crude Oil Spikes Most in Three Months as New Russia Oil Sanctions 'Taken More Seriously'
U.S. Rig Count Drops by 5 After Three Straight Flat Weeks, Baker Hughes Says
Brent crude futures surged over 4%! Chevron and Occidental Petroleum both rose over 2%, and Goldman Sachs emphasized that oil demand will expand due to the cold winter.
On Friday, influenced by the decline in USA Crude Oil Product inventories, the international crude oil price benchmark—Brent Futures price rose by over 2%, breaking through $78.5 per barrel.
Oil Remains Well Supported – ING
Commodity Roundup: Outlook Remains Bearish for European Gas Prices, BMI Says, Henry Hub Prices to Rises 41% Y-o-y
The "monsters" in the oil market are starting to retreat, and oil prices are about to reveal their true colors.
Algorithm traders who have been dominating the Crude Oil Product market are withdrawing, and traders focused on supply and demand fundamentals are expected to regain control.
WTI Holds Steady Above $73.50 Amid Stronger US Dollar, Potential Supply Disruptions
Energy Sector Flips From S&P 500's 'Worst to First' to Start 2025
Oil Prices Grow Amid OPEC+ Decision to Extend Cuts – ING
Want to bring down oil prices? Trump's tough talk may have been premature!
The USA's Energy production is indeed expected to rise, but most of the growth will come from Henry Hub Natural Gas rather than oil.
A strong response to the 'Trump tariff threat'! Canada’s Energy Minister: The USA cannot find alternatives at all.
① The Canadian Minister of Energy, Jonathan Wilkinson, stated that Trump's claim that the USA does not need anything from Canada is "completely wrong." ② Wilkinson mentioned that the USA finds it difficult to find alternatives to Canadian Crude Oil Product, Uranium, and potash, and warned that trade retaliation measures, including export taxes, may be taken.
Crude Oil Turns Lower as U.S. Supplies Fell but Fuel Stocks Jumped More Than Expected
Oil Prices Decline As Technical Resistance Halts Rally
Energy Sector Goes From S&P 500's 'Worst to First' in 2025 Start
Weekly Crude Inventories Decrease Less Than Expected
Crude Inventory Down -1.0M Barrels for Week Ended Jan 3 - EIA
Commodity Roundup: Natgas Futures Up, Industrial Metals Have Muted Start to 2025
Oil: More Obstacles for Iranian Crude – ING
WTI Rises Above $74.00 on Larger Drop in US Crude Oil Inventories, Hopes for China's Demand
Oil Rises on Signs of Tighter Market; Key Chinese Port Said to Ban U.S.-designated Vessels