Midday Crude Oil Analysis: How does the market react to the USA extending the license for importing Venezuelan Crude Oil Product?

The USA has extended the import license, bringing new variables to the Venezuelan Crude Oil Product market.

Golden10 Data13:29

USA President Trump: A 25% tariff will be imposed on all countries importing Oil & Gas from Venezuela.

President Trump of the USA has just announced a 25% tariff on all countries importing Oil & Gas from Venezuela.

Zhitong FinanceMar 24 23:09

Trump claims he will impose "secondary tariffs" targeting buyers of Venezuelan oil.

① Trump announced that the USA will impose "secondary sanctions" on Venezuela, and any country purchasing oil or Henry Hub Natural Gas from Venezuela will be forced to pay a 25% tariff to the USA; ② The USA is one of the destinations for Venezuela's energy, with Venezuela's Crude Oil Product export volume in 2024 estimated at approximately 0.66 million barrels per day, of which the USA's import volume is around 0.233 million barrels per day.

cls.cn01:12

Trade Uncertainty, Geopolitical Tensions Increase Supply Distortions in Commodity Markets, ANZ Research Says

MT NewswiresMar 24 14:21

Afternoon Crude Oil Product analysis: the US dollar strengthens, crude oil prices face pressure, what is the market outlook?

Against the backdrop of a strong dollar, Brent Crude Oil Product Futures fell during the early trading session in Asia.

Golden10 DataMar 24 12:57

Midday Crude Oil Analysis: Russian Energy facilities were attacked, causing oil prices to rise! What is the market worried about?

Despite the USA-mediated Energy ceasefire agreement coming into effect, Russian Energy infrastructure continues to be attacked by Drones, and Brent Crude Oil Product Futures prices continue to rise during the early trading session in Asia.....

Golden10 DataMar 20 12:45

Weekly Crude Inventories Rise More Than Expected

MT NewswiresMar 20 01:47

Midday Crude Oil Analysis: With the easing of geopolitical tensions, will Crude Oil Product futures see a turnaround?

After Russia agreed to suspend attacks on Ukraine's Energy sector, Brent Crude Oil Product Futures fell during the early trading session in Asia.

Golden10 DataMar 19 12:45

A summary of what Trump and Putin talked about during their phone conversation? The Kremlin and the White House released a transcript of the discussion.

On the 18th local time, Russian President Putin had a phone call with US President Trump.

huanqiu.comMar 19 08:09

OPEC+ Could Pause Output Hike If Brent Falls to Mid-$60s -- Market Talk

WSJMar 18 22:18

Russia's Oil Output Projected to Hit 515-520 Million Tonnes by 2025

InvestingMar 18 18:56

Gas Prices Are Heading Below $3 a Gallon. Why That's Not Actually a Good Thing.

MarketWatchMar 18 01:08

Trump once again pressures Iran through the Houthis' attacks, causing a short-term spike in international oil prices.

① The President of the USA, Trump, stated that any further attacks or reprisals by the Houthi armed group will be met with strong retaliation, and the USA will also hold Iran accountable for any future attacks by the Houthi armed group; ② As a result of this news, international oil prices surged in the short term, and Trump has reimposed "maximum pressure" on Iran, aiming to reduce Iran's oil exports.

cls.cnMar 18 01:04

Oil Isn't Going Anywhere. Here's Why.

Yahoo FinanceMar 17 19:00

Blame everything on Trump! Goldman Sachs lowers oil price expectations: The softening of the USA economy drags down Crude Oil Product demand.

Goldman Sachs expects this year's Brent crude oil prices to be between 65 and 80 dollars per barrel, possibly declining further to 68 dollars per barrel next year, and has revised down the economic outlook for the USA and the Global oil demand growth forecast.

cls.cnMar 17 13:18

The trade war has triggered a crisis in oil prices! Goldman Sachs has lowered its forecast, and oil giants are in a collective panic.

Goldman Sachs has lowered its oil price forecast due to Trump's trade war and the OPEC+ increase in production! Oil giants are worried, as Trump will meet with Industry executives this week to discuss how to balance Energy dominance with the impact of Low Stock Price.

Golden10 DataMar 17 10:25

IEA monthly report: Trade conflicts weaken oil demand, while OPEC+ increases supply.

The IEA stated that this year, Global oil supply could exceed demand by about 0.6 million barrels per day, and last week's OPEC+ decision to start increasing oil supply might add another surplus of 0.4 million barrels per day. The IEA has lowered its forecast for Global oil demand growth in 2025 to 1.03 million barrels per day and warned that trade conflicts could further worsen the market outlook.

wallstreetcnMar 13 21:41

Is a $50 oil price really a good thing for the USA?

Privately, many executives hold a skeptical attitude towards this. For Trump, a $50 oil price is likely a Pyrrhic victory...

Golden10 DataMar 13 18:04

OPEC Maintains Oil Demand Growth Outlooks, Flags Rising Tariff Uncertainty

MT NewswiresMar 13 04:08

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