The cost of 1 crude oil contract

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

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

Crude oil market trends

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

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