The oil market is quiet in early morning trading today, after settling lower for a second consecutive week last week.…
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Oil Crude oil has seen a 20% pullback since the United States first announced retaliatory tariffs. WTI oil plunged below…
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WTI crude prices plunged to a four-year low amid a double blow from OPEC+ production increases and President Trump’s new trade policies…
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WTI crude at its lowest since February 2021 in response to reciprocal tariffs Oil continues its strong declines following yesterday’s…
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The sell-off continues after China’s swift response to tariffs announced on Wednesday 📌 Wall Street sentiment remains extremely negative after…
Read More »Oil markets faced a punishing selloff Thursday as crude tumbled the most since 2020, hit by the double shock of President Donald…
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The May WTI (CLK25) contract settled at 71.48 (+2.12) [+3.06%], high of 71.83, low of 68.81. Spot price is 69.34 (-0.56), open interest…
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WTI meets with some supply during the Asian session, though it lacks follow-through. Worries about the economic fallout from Trump’s…
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EIA Crude Oil Inventories: -3.341M (Forecast 1.977M, Previous 1.745M) Gasoline inventories:-1.446M vs -1.5M exp. and -0.527M previously Distillate Inventories: -0.421M vs -1M exp. and -2.812M…
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Oil Donald Trump announces the imposition of a 25% tariff on countries that decide to import oil from Venezuela. Trump…
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