External market headlines: Federal Reserve officials reaffirm that they expect to cut interest rates once this year, Google promotes Gemini to corporate customers, Goldman Sachs expects the ECB to cut interest rates continuously starting in June

The main headlines shared by global financial media last night and this morning were: Federal Reserve Bostic reiterated that it is expected to cut interest rates once this year but leaves room Atlanta Federal Reserve President Raphael Bostic reiterated his expectations of cutting interest rates once this year, but he added that if the economic situation changes, he is open to delaying interest rate cuts or further cutting interest rates. Bostic emphasized the continued strength of the US economy and labor market, but said signs of weakness in the job market would prompt him to consider cutting interest rates earlier and more than currently anticipated. Earlier, he said he expected the Federal Reserve to cut interest rates in the fourth quarter.

環球市場播報Apr 9 16:56 ET

The US expects the global oil market to face a small supply gap this year

The US continues to anticipate a slight shortage of global oil supply in 2024, which reinforces expectations of tightening markets. The US Energy Information Administration (EIA) raised the global demand estimate by 480,000 b/d to 1029.1 million b/d, which is basically in line with the International Energy Agency (IEA) forecast of 103.2 million b/d. This forecast comes as the world's largest oil traders are increasingly optimistic about the market outlook for the second half of this year. The international benchmark Brent crude oil is close to $90 per barrel. Geopolitical tensions have intensified bullish sentiment, demand has rapidly exceeded expectations, and OPEC+ production cuts have caused the world

環球市場播報Apr 9 16:31 ET

U.S. Energy Corp. (NASDAQ:USEG) Stock Catapults 28% Though Its Price And Business Still Lag The Industry

U.S. Energy Corp. (NASDAQ:USEG) shares have had a really impressive month, gaining 28% after a shaky period beforehand. The bad news is that even after the stocks recovery in the last 30 days, shar

Simply Wall StApr 6 08:57 ET

US WTI crude oil closed 0.3% higher on Wednesday Brent crude oil closed 0.5% higher

In the early morning of the 4th Beijing time, crude oil futures prices closed higher on Wednesday. Oil prices are supported by geopolitical tensions and the Organization of Petroleum Exporting Countries and its allies (OPEC+) policies to cut production and raise prices. West Texas Intermediate (WTI) futures for May delivery on the New York Mercantile Exchange rose 28 cents, or 0.33%, to close at $85.43 a barrel. Natural gas futures closed down 1.13% in May to close at $1.8410 per million British thermal units. Gasoline futures closed at $2.7609 per gallon for May. Heating oil futures for May closed at $2.7324 per gallon. European intercontinental

環球市場播報Apr 3 15:09 ET

US WTI crude oil closed 2.2% higher on Thursday

In the early morning of the 29th Beijing time, crude oil futures prices closed higher on Thursday. Investors are re-evaluating the latest US crude oil and gasoline inventory data. US West Texas Intermediate crude rose $1.82, or 2.24%, to close at $83.17 a barrel. Brent crude oil futures for May rose $1.39, or 1.61%, to close at $87.48 a barrel. Both of these benchmark indices rose more than 2% this week, and both recorded their third consecutive month of closing. US Energy Information Administration (Energy Information Administration)

環球市場播報Mar 28 17:09 ET

U.S. Energy Corp. (NASDAQ:USEG) Q4 2023 Earnings Call Transcript

Yahoo FinanceMar 28 09:44 ET