Oil market participation continues to fall. Analyst explains

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 43 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 63%

Oil Market 뉴스

Crude Oil,Oil Refineries,Drone Strikes

Crude oil (CL=F, BZ=F) prices are seeing slight gains around US oversupply concerns and escalating geopolitical conflicts, namely Ukraine's reported drone...

) prices are seeing slight gains around US oversupply concerns and escalating geopolitical conflicts, namely Ukraine's reported drone strikes targeting Russian oil refineries.

So yy, you know, all these things considered, how is what we're seeing in the oil prices and, and the broader oil price action that has seen some new 2024 lows and even crack through December 2023 lows. And right now financial participation in oil markets is probably as low as it's been since oil really became an asset class.

That might happen, for example, on a short term basis, if we get a Trump 2.0 presidency and then, you know, the final thing is, is OPEC, I mean, OPEC is really whiffed on this one. Increases in women getting sterilization procedures were seen across the U.S. immediately after the Supreme Court's decision, but continued to rise in states where abortion was banned.Consumer price index data for August could mean the difference between a quarter-point and a half-point Federal Reserve rate cut next week.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 47. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Oil prices edge up on U.S. crude stocks, possible delay to OPEC+ supply hikeBrent crude for November rose 42 cents to $73.12 a barrel by 0810 GMT, while U.S. West Texas Intermediate crude for October was up 37 cents to $69.57
출처: globeandmail - 🏆 5. / 92 더 많은 것을 읽으십시오 »