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United States Oil Fund LP Newsroom
Sector Update: Energy Stocks Advance Premarket Tuesday
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Tuesday Ahead of Last Trading Day of 2024
Oil Brief: NY Crude Up Near 0.75% at Above US$71.50;
2025 Crude Oil Product market outlook: Wall Street is pessimistic, and oil prices may head straight for 60 dollars?
① Due to the increase in global supply, many Wall Street Analysts believe that Crude Oil Product prices will show a downward trend in 2025; ② JPMorgan predicts that the average price of Brent Crude Oil will fall to $73 per barrel in 2025, while Bank of America forecasts that oil prices may drop to $65 per barrel in 2025; ③ The Organization of the Petroleum Exporting Countries (OPEC) may decide to increase Crude Oil Product supply in 2025.
Hong Kong stocks are moving differently | Petroleum stocks are collectively rising as the cold wave in the USA drives Crude Oil Product fluctuations upwards. Institutions continue to be Bullish on the long-term value of the "three major oil companies."
Petroleum stocks collectively rose, as of the time of publication, China Oilfield Services (02883) increased by 3.2%, reaching 7.1 Hong Kong dollars; Sinopec (00386) rose by 2.51%, reaching 4.49 Hong Kong dollars; CNOOC (00883) increased by 1.971%, reaching 19.22 Hong Kong dollars.
Trump claims he wants to "bring down" oil prices? Experts warn that the USA will lose its Energy dominance.
① The USA's incoming president Trump promised to significantly reduce RBOB Gasoline prices after taking office, but Energy market experts warn that this move could end the USA's oil dominance; ② USA oil producers have reached record high production levels, and the Global oversupply of oil is currently driving down prices, which means that USA oil producers are also lacking the motivation to continue to significantly increase production.
The most bullish oil prices in four months! Traders focus on "Trump VS Iran".
Although oversupply puts pressure on the oil market in 2025, investors are still preparing for upside risks, primarily influenced by Trump's stance on Iran after returning to the White House, as well as the ongoing geopolitical risks.
Trump's return to the White House may bring new variables, as bets on Crude Oil Product Call have risen to a four-month high.
In the second-to-last week of 2024, as investors prepare for Trump's return to the White House in the new year, bets are being placed on Call Crude Oil Product, reaching their highest point in four months.
Oil Prices See Bullish Bets At Four-Month High Amid 2025 Risks
Crude Oil Edges Higher, Helped by Rally in Diesel and Natural Gas Futures
A "historic cold wave" is about to hit, with USA Henry Hub Natural Gas Futures surging 24% during trading.
The outlook of the cold wave has sparked a buying frenzy, with USA Henry Hub Natural Gas Futures hitting the largest increase in over a decade, and the tension in the natural gas market may also stimulate short-term oil Consumer.
Weekly ETF Flows: Six Out of 11 Sectors Record Outflows; Bitcoin Sees First Outflow Since Trump's Victory in November
Oil 2025: A Tailwind for Trump as Wall Street Projects Lower Crude Prices
TPH Expects Its Gas Coverage to End 2024 "On Solid Footing"; Mentions Ovintiv
There are dark clouds ahead! The oil market in 2025 is more likely to be a "buyer’s market."
The supply and demand outlook for oil increasingly indicates that oil prices will face downward pressure next year...
Sector Update: Energy Stocks Steady Premarket Monday
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Monday as Tech-Driven Gains Falter at Year-End
Oil Brief: Brent Crude Up 0.12% at US$74.25
Year-end review of CSI Commodity Equity Index: Energy is under pressure, while cocoa and coffee beans become the "top commodities"! Will Precious Metals continue to attract investment heat in 2025?
Precious Metals shined, the Copper Doctor appeared in a dramatic short squeeze, and soft commodities skyrocketed... The CSI Commodity Equity Index market experienced a turbulent year in 2024.
U.S. Crude Oil Inventories Decline 4.2 Million Barrels in Week Ended Dec. 20, EIA Reports