USO241204C70000
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United States Oil Fund LP Newsroom
OPEC+ production increase plan may be delayed by three months, and crude oil prices have seen the largest two-week gain in two weeks.
The sanctions on Iran's crude oil product and the expected OPEC+ production agreement are jointly driving up oil prices.
Two news stories boost international oil prices, petrochina's Hong Kong stocks rose nearly 4%.
① Why did the usa announce sanctions on Iranian oil? ② What impact does OPEC+'s postponement of the production increase plan have on the crude oil product market?
Crude Oil Rises by Most in Two Weeks as OPEC+ Expected to Extend Output Cuts
U.S. Crude Stockpiles Rose 1.2M Barrels Last Week, API Says
Crude oil: Oil prices rise as the usa intensifies sanctions on Iran and OPEC+ makes progress towards delaying production resumption.
Crude oil prices saw the largest increase in over two weeks on Tuesday, as the usa announced additional sanctions on Iranian crude oil, and OPEC+ made progress toward further delaying production increases.
USA API Weekly Crude Oil Stock 1.232M Barrel Build Vs 2.060M Barrel Draw Est.; Draw Of 5.935M Barrels Prior
Update: WTI Crude Closes Up 2.7% as OPEC+ Seen Delaying Return of Production Cuts
January WTI Crude Oil Contract Closes Up US$1.84; Settles at US$69.94 per Barrel
Oversupplied Markets for Commodities Are Setting the Stage for Lower Returns Next Year - BofA
OPEC+ Production Increase Likely to Be Postponed for Another Three Months – Commerzbank
Sector Update: Energy Stocks Advance Premarket Tuesday
Oil Trades Higher as OPEC+ Seen Delaying Return of Production Cuts to Market
Exchange-Traded Funds, Equity Futures Mixed Pre-Bell Tuesday Ahead of October JOLTS Report
Commodities Roundup: Oil Holds Tight Range Ahead of Dec. 5 OPEC+ Meet, Gold Flat
U.S. Crude Oil Inventories Likely Decreased by 1 Million Barrels in Week Ended Nov. 29, Macquarie Says
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.