In addition, before the non-agricultural announcement in May, according to the pricing of interest rate futures, the probability of the Fed’s rate hike in June has dropped by nearly 20 points. Although it is still at a high level of 70%, it has been firml
Handbook of International Crude Oil Market.
Generally speaking, professionals in the crude oil industry believe that Saudi Arabia and Russia will gradually increase crude oil production within two to months. During this period, OPECs idle capacity of 400,000 barrels per day will be released. Howeve
OPEC crude oil prices
Abstract: On Friday, INE crude oil fell for three consecutive days, but the overall decline was limited. Because China and the United States will negotiate on trade issues, the markets worries about Sino-US trade disputes have eased, and oil prices have b
Russian crude oil contract
The above difficulties have caused the crude oil price of Midland, Texas, to be discounted by US$9/barrel compared to the international benchmark Brent crude oil. However, there is always a way to increase pipeline capacity. Manufacturers have already wor
U.S. crude oil production surpasses Saudi Arabia-global leader in 2019
The productivity of Venezuela may continue to decrease due to social instability and possible sanctions by Trump. There is speculation that Trumps foreign policy is closely related to dissatisfaction with high oil prices. However, the analysis indicated t
Sierra Leone crude oil analysis chart
In the context of the continuous sanctions imposed by the United States, Iran’s oil exports have fallen sharply. This is bound to be detrimental to Iran, which is highly dependent on oil revenues. OPEC has also carried out a production reduction plan. In
East Texas crude oil prices
International crude oil prices have been rising for consecutive weeks. Today is the last trading day of the week. At present, the price of oil this week is showing a downward trend. If there are no surprises, the price increase of last week may be curtail
U.S. dollar crude oil
Recently, crude oil prices have skyrocketed. On the one hand, the market’s previous concerns about the OPEC meeting have cooled down with the end of the meeting. On the other hand, although the OPEC meeting announced an increase in production, it appears
Current wti crude oil price
Or because the points of the increase order are too close, the market reverses and the total position of the order suffers a loss. The pressure of too much position will make the trader worry, fear, and finally cannot stand the pressure, choose to reduce
U.S. crude oil pipeline map
The U.S. Energy Information Administration (EIA) released a report earlier, stating that U.S. shale oil production is expected to rise to a record high of 7.2 million barrels per day in June, with the largest increase coming from the Permian Basin. It is
Texas crude oil prices
At the beginning of the Asian market on Thursday, June 2, U.S. oil fell slightly, while oil prices rose. The U.S. EIA crude oil inventories announced overnight supported oil prices. However, the upcoming OPEC meeting of the Organization of Petroleum Expor
West Texas crude oil trend chart
In the United States, the fund management community once conducted a survey: The most important thing for a long-term winning fund is not when it enters the market at what price, but how much the fund buys. This is the term often mentioned in the investme