UCO241206C25500
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- -0.28-41.18%
ProShares Ultra Bloomberg Crude Oil ETF Newsroom
Commodities Roundup: Oil Holds Tight Range Ahead of Dec. 5 OPEC+ Meet, Gold Flat
One bad news for oil bulls: OPEC+ "no more".
OPEC's control over the oil market is increasingly weakening, and if no action is taken, the organization's control may completely disappear.
Afternoon crude oil analysis: Brent crude oil futures prices have increased slightly, and the oil field in Kazakhstan remains shut down...
Kazakhstan's Deputy Minister of Energy, Alibek Zhamauov, stated on December 2nd that due to maintenance reasons, Kazakhstan's Tengiz oil field with a production capacity of 0.6 million barrels per day is still partially shut down.
Oil Prices Hold Steady Ahead Of OPEC+ Meeting
OPEC's crude oil production capacity has expanded for two consecutive months, and the rhetoric of "overcapacity" is sweeping the oil market.
In November, the daily production increased by 0.12 million barrels; under pressure from allies, Iraq has been reducing production for three consecutive months.
International oil prices are fluctuating within a range, and the retail price limit of refined oil may face being stranded.
Gelonghui, December 3 | According to Zhuochuang news, during this period, the domestic reference crude oil product change rate showed a gradual downward trend after turning from negative to positive.
Oil Stabilizes Ahead of OPEC+ Supply Meeting as Volatility Drops
OPEC+ Seen Prolonging Oil Output Cuts Through Q1 at Thursday's Meeting - Report
Benchmark Diesel Price up Slightly as OPEC+ Meeting Looms This Week
OPEC's Power Is Waning. That's Bad for Oil Bulls. -- Barrons.com
OPEC Crude Output Rises as Libya's Recovery Offsets Iraqi Curbs
Oil Prices Rise, Buoyed by Upbeat China Data Ahead of Postponed OPEC+ Meeting
Crude Oil Trades Stuck in Tight Range Ahead of Crucial OPEC+ Meeting
Most Commodity Prices to Fall in 2025 From Current Levels, U.S. Natural Gas to Outperform - BMI
Oil Markets on Edge Amid OPEC+ Output Policy and European Gas Concerns
Leakage and terrorist attacks pose dual risks to the world's most important pipeline system.
The northern oil pipeline of the Druzhba system may experience a "leak", while the southern oil pipeline is troubled by terrorist threats.
OPEC 'Stuck Between a Rock and a Hard Place' as Planned Meeting Delayed
Crude oil: Oil prices fell in light trading as OPEC+ production increase plans face uncertainty.
Due to the uncertainties surrounding the OPEC+ production plan and the Israel-Hezbollah ceasefire agreement, crude oil futures declined in light trading after the holiday.
Suspense heightened! OPEC officially announced the postponement of an important meeting, intensifying the battle between production cuts and increases.
The analysis pointed out that although the two meetings of OPEC+ were held online, their importance is very high, as they relate to the organization's oil production plans for the next year, which will have a huge impact on international oil prices and the revenues of member countries.
Report: OPEC+ Set to Delay Oil Production Strategy Meeting