#CrudeOilRises#

#CrudeOilRises#

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Oil prices rose almost 2% on 3rd Feb and hovered near their highest levels in about a year, after government data showed U.S. crude stockpiles fell to their lowest since March, while OPEC+ maintained its supply cut agreement.
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(BLOOMBERG) Oil Prices Soar as OPEC+ Decides Not to Increase Production. - Mar 5, 2021
00:02:21

Oil hits one-year high as OPEC+ meet

Oil price rose for a second consecutive day on Thursday, as OPEC and its allies which includes Russia met to discuss output. After several curbs in the last year, prices have risen to pre-pandemic levels, with the cartel now debating whether to continue on this path, or ramp up production. Saudi Ara

Oil up nearly 5% on possible extension of Saudi output cuts

BENGALURU (Reuters) - Oil prices rose nearly 5% on Thursday on a possible extension of voluntary output cuts by Saudi Arabia into April, as OPEC ministers and their allies continued to deliberate about the future of supply cuts. Brent crude futures were up $3.04, or 4.7%, at $67.11 a barrel by 10:57
Bloomberg reported that U.S. oil producers have begun restarting output across the Eagle Ford shale basin, where operations were halted by the frigid weather.
00:01:01

Bond scares linger, investors look to Powell

LONDON (Reuters) - Worries about lofty U.S. bond yields hit global shares on Thursday as investors waited to see if Federal Reserve Chair Jerome Powell would address concerns about a rapid rise in long-term borrowing costs. The spectre of higher U.S. bond yields also undermined low-yielding, safe-ha
(Yahoo Finance) Outlook of the Oil Industry Ahead of OPEC Meeting. - Feb 23, 2021
00:05:16
Goldman Sachs projected Brent oil to reach $70 in next quarter and $75 in the following three months. The bank said oil prices would rise sooner and higher than previously thought as the recovery in ...
00:01:01

Stocks rebound on Powell policy remarks, oil gains

NEW YORK (Reuters) - A gauge of global equity markets rebounded in a late-session rally on Tuesday after U.S. Federal Reserve Chair Jerome Powell calmed fears of rising interest rates that have roiled bonds and helped spur assets linked to expectations of a strong recovery. Copper, a leading indicat

Oil prices rise further on slow U.S. output restart

SINGAPORE (Reuters) - Oil prices rose again on Tuesday after a jump in the previous session, holding near a more than 13-month high as U.S. output was slow to return after a deep freeze in Texas shut in crude production last week. Shale oil producers in the southern United States could take at least

WTI surges above $62.00, up over 5% on the day

WTI rallied above the $62.00 prior to the 22:00GMT futures trade pause to close the session more than 5% higher. Bullish bank forecasts, US/Iran tensions and still very positive demand picture all supported crude oil on Monday. Front-month futures for the American benchmark for sweet light crude, We

Oil gains as U.S. production slowly returns after freeze

TOKYO (Reuters) - Oil prices rose on Monday as the slow return of U.S. crude output that was cut by frigid conditions raised concerns about supply just as demand is coming back from the depths of the coronavirus pandemic. Brent crude was up 76 cents, or 1.2%, at $61.67 a barrel by 0104 GMT, after ga

Brent oil could rise to $70 in Q2, 2021 – Goldman Sachs

At Goldman Sachs, analysts have raised their Brent oil price forecast for the second quarter by $10 to $70. They now see oil as a inflation hedge, benefitting from the reflationary environment fiscal stimulus-driven recovery. Also, the investment banking giant doesn't expect Iran's export to recover

Arab Saudi Berencana Untuk Tingkatkan Produksi Minyak

Arab Saudi, produsen minyak terbesar dunia, berencana untuk membalikkan penurunan produksi baru-baru ini sebagai tanda kepercayaan pada reli harga minyak, menurut Wall Street Journal. Kerajaan tersebut mengatakan bulan lalu bahwa mereka akan secara sepihak memangkas produksi 1 juta barel per hari pa
(Yahoo Finance) Oil Prices Rise to Highest Levels in Over a Year. - Feb 9, 2021#CrudeOilRises##BrentCrude##BRENT.F##WTI.F#
00:01:44
(BLOOMBERG) How Will The Vaccine Impact Crude Oil? - Feb 4, 2021 #CoronavirusVaccine##SaudiArabia##CrudeOilRises#
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