Midday crude oil analysis: Concerns about crude oil demand, the market is focusing on this important meeting!
Due to the news of a ceasefire between Israel and Palestine, oil prices have fallen, but a weakening dollar may limit the downward pressure brought by the easing of geopolitical tensions.
WTI Drifts Lower to Near $68.50 on Possible Middle East Ceasefire Deal
Trump Prepares Broad Energy Plan to Boost Gas Exports, Oil Drilling on Day 1 - Report
Middle East tensions are easing! Israel and Hezbollah are reportedly close to reaching a ceasefire agreement.
① The Israeli national security cabinet will meet on Wednesday to approve the ceasefire agreement with Hezbollah, and the final text was confirmed on Monday; ② Affected by the easing of tensions in the Middle East, comex gold futures fell more than 3%, crude oil plummeted 3% during the day, and the usd dropped by 0.5%.
Crude Oil Drops on Report Israel Set for Ceasefire Deal With Hezbollah
Amid Trump's 'Drill Baby, Drill' Pledge, Strategist Predicts US Oil Supply Will See 'Marginal' Increase: 'Does The World Need That Much Oil?'
On the first day in office, a major energy plan is being launched! The Trump team is preparing to promote henry hub natural gas exports and oil drilling.
Trump's energy plan includes approving new liquefied natural gas project export permits, accelerating oil drilling on the US coast and federal lands, and abolishing a series of climate legislation and environmental regulations implemented by former President Biden.
Crude Oil Retreats Slightly at Start of Thanksgiving Week as Focus Shifts to OPEC+ Meeting
Commodity Roundup: Gold Falls as Trump Picks Scott Bessent for Treasury, Oil Down
Goldman Sachs: The expected average price of Brent crude oil product in 2024 is $80 per barrel.
Goldman Sachs stated that despite supply shortages and geopolitical uncertainties in 2024, the average price of Brent crude oil this year is expected to be around $80 per barrel.
Trump Victory Forces Once Vocal Corner of Wall Street to Regroup
J.P. Morgan Forecasts Lower Oil Prices in Trump's Upcoming Term
U.S. Drilling Rig Count Edges Lower for Second Straight Week, Baker Hughes Says
Express News | Jpmorgan predicts that the global crude oil supply will have an excess of approximately 1.3 million barrels per day in 2025.
Midday crude oil analysis: Escalating Russia-Ukraine conflict continues to drive international oil prices higher...
During the early trading session in Asia, as the conflict between Russia and Ukraine intensifies, the price of Brent crude oil futures has slightly increased.
Oil Prices Set For Weekly Gain Amid Russia-Ukraine Tensions
With Energy Showing Signs of Life After Trump's Victory, BTIG Highlights ETFs
UK Households Will Get Paid to Not Use Electricity
Crude Oil Edges Up, in Second Consecutive Attempt to Overcome $70
WTI Crude Faces Selling Pressure, Negative Outlook Maintained