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The commodity boom came to an abrupt end! Basic metals fell across the board, copper and nickel fell sharply, and crude oil fell three times in a row
The minutes of the Federal Reserve meeting show that the Federal Reserve may postpone interest rate cuts due to continued inflation, thus suppressing market expectations of interest rate cuts, and crude oil prices fell in response. Lun Copper closed down 4.05%, while Lunn Nickel fell 4.4%. Some analysts pointed out that the main reason for the decline in copper prices may be related to investors starting to make a profit settlement after copper prices hit a record high, recent weakness in copper demand, and a possible increase in copper production in Peru in 2024.
Express News | NYSE Order Imbalance 92692.0 Shares on Sell Side
Biden plans to release 1 million barrels of gasoline before US Independence Day to lower oil prices
The Biden administration will release 1 million barrels of gasoline from the northeastern US reserves to lower gas station prices before the July 4 Independence Day holiday and summer driving season.
Occidental Petroleum Unusual Options Activity
Deep-pocketed investors have adopted a bullish approach towards Occidental Petroleum (NYSE:OXY), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga
PERMIAN WATER RECYCLING FACILITY EXCEEDS 50 MILLION BARRELS TREATED AND REUSED
HOUSTON, May 20, 2024 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select" or the "Company"), a leading provider of sustainable water and chemical solutions to the energy industry, tod
A Closer Look at Occidental Petroleum's Options Market Dynamics
Deep-pocketed investors have adopted a bullish approach towards Occidental Petroleum (NYSE:OXY), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga
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