Traders Turn Most Bullish on Gasoline in Eight Months, as Stockpiles Seen Shrinking
Rig Count Stays Flat in Latest Baker Hughes Survey
Commodity Roundup: Oil and Gold Set for Weekly Gains on Global Woes
Oil Headed for Weekly Gains as Sanctions Outlook Raises Supply Worries -- Market Talk
Midday Crude Oil Analysis: OPEC+'s production cuts delayed, can the surplus crisis in the oil market in 2025 be avoided?
During the early trading session in Asia, the Intercontinental Exchange (ICE) Brent Crude Oil Product Futures prices remained stable as the market weighs the predictions of a supply surplus in 2025 and reduced refinery running.
Update: WTI Oil Edges Down as the IEA Sees the Market Over Supplied in 2025
IEA Lifts 2025 Oil Demand View, yet Expects Comfortably Supplied Market
IEA Monthly Report: Even if OPEC+ delays production increases, there will still be an oversupply of oil next year!
The IEA stated that if OPEC+ implements the production recovery plan starting in April, the Global market will face a surplus of 1.4 million barrels per day. The IEA has raised the forecast for global oil demand growth in 2025 by 90,000 barrels to 1.1 million barrels, mainly due to the economic stimulus measures recently announced by China.
Crude Oil Jumps Back Above $70 as US Inventories Fall to Lowest Level
Commodity Roundup: Commerzbank 2025 Copper View; ING Sees Energy Markets Under Pressure
Afternoon Crude Oil Product analysis: USA crude oil inventories have plummeted, can oil prices continue to rise?
The US Energy Information Administration (EIA) reported that for the week ending December 6, US Crude Oil Product inventories decreased by X thousand barrels...
WTI Edges Higher to Near $70.00 on China Stimulus, New EU Sanctions Against Russia
Oil Settles Up US$1 As EU Agrees Further Sanctions
Crude Oil Rises on Wednesday, WTI Taps $70 per Barrel
Overnight U.S. stocks | The Nasdaq broke 0.02 million points, setting a historical high, and Musk became the first person in the world with a net worth exceeding 400 billion.
As of the close, the Dow Jones Industrial Average fell 99.27 points, a decrease of 0.22%, closing at 44,148.56 points; the Nasdaq rose 347.65 points, an increase of 1.77%, closing at 20,034.89 points; the S&P 500 Index rose 49.28 points, an increase of 0.82%, closing at 6,084.19 points.
International oil prices rose on Wednesday as the EU agreed to implement a new round of sanctions against Russia.
In the early morning of the 12th Beijing time, international Crude Oil Product prices rose on Wednesday. The EU agreed to a new round of sanctions threatening Russian oil exports, which boosted oil prices. However, last week's increase in USA fuel inventories exceeded expectations, limiting the increase.
Weekly Crude Inventories Fall More Than Expected; Oil Prices Rise Despite OPEC Cutting Demand Outlook
Oil Extends Gains After U.S. Crude Stocks Draw -- Market Talk
US Total Crude Oil Stocks Decline in Week Ended Dec. 6
Crude Inventory Fell 1.4M Barrels for Week Ended Dec 6 - EIA