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RBOB Gasoline Futures(AUG4) News
Crude Oil Tests Higher Ground on Quiet Wednesday, WTI Touches $81.00
Barrel bids tested into fresh peaks on Wednesday, but remain subdued.
Crude Oil Snaps Higher as Hopes of Rising Demand Continue to Bolster Barrel Bids
WTI climbs to $80 per barrel as energy markets hope for summer demand uptick.
There are signs of tightening supply and increasing prices in the European diesel market.
The European diesel market is showing signs of tightening.
WTI Holds Its Position Above $77.50 Due to Optimistic Demand Forecasts
WTI Oil price retraces its recent losses due to optimistic forecasts regarding crude demand for the remainder of 2024.
Going against Goldman Sachs! Citigroup is bearish on oil prices, predicting a fall to $74 in the fourth quarter.
Citigroup's latest report paints a bleak picture of the oil market.
Crude oil trade reminder: Middle East tensions push up oil prices, but the Federal Reserve's attack has hit bullish morale.
Oil prices rose and fell on Wednesday, supported by continued tensions in the Middle East. Earlier in the day, oil prices rose nearly 2% to a two-week high, but closed mostly higher as the Federal Reserve's two-day meeting ended with a statement indicating that interest rate may not be lowered until December.
Crude Oil Rally Stumbles After Fed Leans Away From Rate Cuts, WTI Falls Back Below $78
Crude Oil markets rose on Wednesday before trimming gains post-Fed.
IEA警告！石油2030年将面临严重产能过剩，届时OPEC+也“无力回天”
石油闲置产能超过800万桶/天
WTI Hovers Around $78.00 After EIA's Forecast of Optimistic Global Demand
WTI may appreciate as the US Energy Information Administration anticipates optimistic global demand.
Crude Oil at Risk of Snapping Recovery Streak as Markets Head Towards Wednesday's Fed Showing
West Texas Intermediate (WTI) US Crude Oil failed to extend an ongoing recovery on the back of renewed hopes of a global supply drawdown.
WTI Reaches to Near $77.50 Due to Expectations of Increased Summer Demand
WTI price gained ground due to rising expectations of increased fuel demand this summer.
USA's oil & gas production is showing a stable trend and is expected to continue the current trend in the future.
Since mid-2022, due to the sharp drop in oil prices, drilling rigs and completion personnel have been idle for a long time. Now, the production of oil & gas in the USA is finally showing signs of stability.
Crude Oil Extends Recovery, WTI Tests $75.50
WTI continues to recover ground as rate cut hopes bolster appetite.
Oil Extends Advance on Technical Support After OPEC+ Selloff
Oil clawed back some losses for a second session with technical support after OPEC+’s plan to return barrels to the market sparked a selloff at the start of the week.
Crude Oil Attempts to Shrug off Supplies Buildup, WTI Claws Back to $74
Crude Oil markets are struggling to recover from sharp declines.
Crude Oil Extends Declines as Markets Balk at OPEC+ Plans to End Production Cuts
WTI falls below $74.00 per barrel on increased oversupply concerns.
A major signal of Russia's production cut? Crude oil exports hit the lowest level since mid-February.
In the past month, Russia's daily crude oil export shipment volume has decreased by approximately 400,000 barrels.
Oil Prices Extend Losses on Worries of Supply Rising Later in 2024
Oil prices eased in early trade on Tuesday, extending their losses from the previous session when prices fell to their lowest in four months, as investors worried about supply ticking up later in the year.
Crude Oil Extends Declines After OPEC+ Disappoints Barrel Traders, WTI Tests $74
WTI backslid to $74.00 per barrel after OPEC+ failed to bolster Crude trader hopes.
Goldman Sachs: The latest OPEC+ resolution weakens oil prices and may fall below the 75-90 US dollar range
Goldman Sachs believes that the OPEC+ meeting results are not good for oil prices, and indicated that Brent crude oil is likely to fall below the range of 75-90 US dollars per barrel.