Iran warns of devastating blow if retaliated against, Israel may carry out major retaliation in the coming hours.
Iran launched the largest-ever missile attack on Israel overnight! Iran warns that any response from Israel will result in a devastating attack, with Prime Minister Netanyahu vowing to make them pay, and the usa is ready to defend Israel.
SPDR S&P Oil & Gas Exploration & Production ETF Options Spot-On: On October 1st, 123.31K Contracts Were Traded, With 448.59K Open Interest
On October 1st ET, $SPDR S&P Oil & Gas Exploration & Production ETF(XOP.US)$ had active options trading, with a total trading volume of 123.31K options for the day, of which put options accounted
Middle East conflict escalates significantly! Goldman Sachs: Oil prices have not yet factored in geopolitical risks.
Oil bears currently hold a record position, and if the Strait of Hormuz is closed, the risk premium for oil prices may arrive, leading to a surge in oil prices. In addition, oil prices are also supported by global easing cycle, inventory growth, and positions and valuations at low levels.
Careful of soaring oil prices? Goldman Sachs warns: the oil market is completely unprepared for escalation in the Middle East conflict.
Goldman Sachs analyst lindsay Matcham stated that further escalation of the conflict may have a significant impact on the market, especially if the conflict involves the potential closure of the Strait of Hormuz, which could lead to a sharp rise in local oil prices; Goldman Sachs analyst lina Thomas, in another report, focused on outlining four short-term positive drivers in the crude oil product market, including mentioning Middle East trends.
Price war again? It is rumored that OPEC+ will continue to increase production, causing a sharp 3% drop in oil prices!
OPEC+ plans to increase production by 0.18 million barrels per day in December, which is part of the process of easing production cuts.
Crude oil product analysis at noon: hurricanes, sanctions, Middle East turmoil, will oil prices make waves again?
Middle East tensions escalate, Brent crude oil futures prices slightly rise... Iraq, Jordan, and Egypt condemn Israel's "aggression"... Hurricane Helen approaching, usa Gulf of Mexico crude oil production greatly reduced...