TARONIS TECHNOLOGIES INC News

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.

Zhitong FinanceJan 10 22:38

Oil Remains Well Supported – ING

FXStreetJan 10 19:35

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.

Golden10 DataJan 10 14:43

Oil Prices Grow Amid OPEC+ Decision to Extend Cuts – ING

FXStreetJan 9 18:33

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.

Golden10 DataJan 9 17:13

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.

cls.cnJan 9 08:26

Oil: More Obstacles for Iranian Crude – ING

FXStreetJan 8 17:00

Oil Price Rises at the Start of the Year – Commerzbank

FXStreetJan 7 21:11

Trade routes are being reshuffled, Global Crude Oil Product exports are declining! Who is the winner?

The global oil trade map is being redrawn, uncertainty and volatility have become the new normal, and 2019 was the last "normal" year...

Golden10 DataJan 7 18:19

Oil Rally Stalls as European Gas Prices Weaken Amid Shifting Market Dynamics

Investing.com Jan 7 13:02

Preparing for "Trump 2.0"? Hedge funds are increasing their Call on oil prices.

Bull positions in Crude Oil have increased by 41% over the past three weeks, with net long positions reaching the highest level since August of last year. For traders more focused on fundamentals, Trump's tough stance on Iran has made them reluctant to short; Trump's potential tariff policies raise inflation concerns, which has also prompted traders to hedge risks by going long on oil.

wallstreetcnJan 7 09:23

Energy Down as Oil Snaps Winning Streak -- Energy Roundup

Dow JonesJan 7 06:54

Biden has banned new offshore oil drilling along the Atlantic and Pacific coasts of the USA, and it will be difficult for Trump to reverse this decision.

① Biden has permanently prohibited oil companies from obtaining new Oil & Gas drilling leases in approximately 0.625 billion acres of offshore waters; ② The US Energy industry has expressed dissatisfaction and called on Trump to use all tools to overturn this policy; ③ Due to legal restrictions, Trump finds it difficult to simply reverse Biden's decision, while some Republican politicians in coastal states also support this policy.

cls.cnJan 6 21:35

Oil Extends Strong Start to 2025 on Signs of Strong Demand for Mideast Crude

MarketWatchJan 6 20:46

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.

wallstreetcnJan 4 18:14

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%.

Golden10 DataJan 3 00:04

Gold Trade, 2025 Oil Market Outlook: Catalysts

Yahoo FinanceJan 1 01:39

Oil 2025: A Tailwind for Trump as Wall Street Projects Lower Crude Prices

Yahoo FinanceDec 31, 2024 19:25

2025 Crude Oil Product market outlook: Wall Street is pessimistic, and oil prices may head straight for 60 dollars?

① Due to the increase in global supply, many Wall Street Analysts believe that Crude Oil Product prices will show a downward trend in 2025; ② JPMorgan predicts that the average price of Brent Crude Oil will fall to $73 per barrel in 2025, while Bank of America forecasts that oil prices may drop to $65 per barrel in 2025; ③ The Organization of the Petroleum Exporting Countries (OPEC) may decide to increase Crude Oil Product supply in 2025.

cls.cnDec 31, 2024 16:52

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.

Zhitong FinanceDec 31, 2024 11:29