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.
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday Ahead of US Farm Prices Data
Oil Brief: NY Crude Down 0.5% at Near US$68.40
Crude Oil Prices to Find Support From Potential Postponement of OPEC+ Production Increase, Commerzbank Says
U.S. Gasoline Prices Down 7% on Thanksgiving Week From Last Year, EIA Reports
U.S. Crude Oil Inventories Fall Nearly 2 Million Barrels in Week Ended Nov. 22 as Gasoline Stocks Post Surprise Gain, EIA Reports
Report: OPEC+ Set to Delay Oil Production Strategy Meeting
Struggling to move forward? After changing to an online meeting, the OPEC+ meeting has been postponed.
Representatives claim that the official reason for the postponed meeting is conflicting schedules of the ministers, do you believe it?
Trump's tariff plan angers many? US oil industry warns: rbob gasoline costs rise exacerbating consumer burden
① President-elect Trump of the usa threatens to impose a 25% tariff on products from Mexico and Canada, causing concerns in the oil rbob gasoline industry; ② U.S. refineries highly rely on crude oil imports. The American Petroleum Institute warns that tariffs will raise refining costs and gasoline prices, exacerbating consumer burden; ③ Analysts believe the likelihood of Trump implementing the tariff plan is small.
WTI Steadies Above $68.50 Amid Large Surprise Crude Draw
Crude Oil Demand Set to Stabilize, But Supply Constraints Persist, Says ANZ Research
Oil Prices Steady Amid US Gasoline Stock Build And OPEC+ Uncertainty
Thanksgiving Travelers Will See Some of This Year's Lowest Gasoline Prices
January WTI Crude Oil Contract Closes Down US$0.05; Settles at US$68.72 per Barrel
U.S. Drilling Rig Count Ticks Lower for Third Straight Week, Baker Hughes Says
U.S. Baker Hughes Oil Rig Count -2 At 477 Vs 479 Prior; U.S. Baker Hughes NatGas Rig Count +1 At 100
Crude Inventory Fell -1.8M Barrels for Week Ended Nov 22 - EIA
EIA Weekly Distillates Stocks A Build Of 0.416M Barrels Vs A Draw Of 0.114M Barrels Prior
USA Crude Oil Inventories A Draw Of 1.844M Barrels Vs Draw Of 1.300M Barrels Est. Build Of 0.545M Barrels Prior
Sector Update: Energy Stocks Advance Pre-Bell Wednesday