The cost of 1 crude oil contract

In this case, the statements made by Saudi Arabia and Russia make it even more doubtful how long the production reduction agreement can last. Analysts believe that even if Saudi Arabia insists on cutting production, Russia, as a non-OPEC country, may not

Crude oil contract size

Specific data show that the number of initial claims for unemployment benefits in the United States as of June 2 increased by 220,000, which was less than the expected increase of 250,000. The unexpected drop in the number of initial jobless claims in the

U.S. crude oil

In fact, even if Iran does not conduct military exercises in advance, the impact of the blockade of the Strait of Hormuz is predictable, because this is not the first time Iran has done so. As early as the 1980s, during the Iran-Iraq War, Iran blocked the

Brent crude oil spot

Iraqi Oil Minister JabarAlial-Luaibi said on August 27 last Saturday that Iraq is willing to play an active role in supporting oil prices in OPEC, but will not sacrifice its goal of expanding market share. Lu Aibi said that the Iraqi Ministry of Petroleum

Crude oil contract price

The monthly settlement price of Brent crude oil was US$702 per barrel, which was 0 cents higher than the February crude oil price. This is the largest spot premium for the second and third month contracts since the beginning of July. The price of the Bren

Crude oil market trends

Fitch stated that the long-term price forecast for 2020 will remain unchanged. Brent crude oil is US$55 and WTI is US$55, reflecting the agency’s view that U.S. shale oil companies are still marginal crude oil producers, as well as U.S. production. The in

U.S. dollar crude oil

The well-known financial blog site Zerohedege commented that although geopolitical risks seem to be dissipating, WTI crude oil and RBOB gasoline futures rebounded today, supported by OPEC’s possible extension of its production reduction agreement, and ros

Crude oil price news

The psychology of turning over is the most common kind of psychology of investment gambling. As soon as I lost an order, I wanted to quickly create another order to recover the loss, but I waited for another new loss. Therefore, the most important thing a