Crude oil analysis and recommendations

At the meeting, the member states disputed over how much to reduce production. According to Goldman Sachs estimates, in order to reverse the current oversupply of crude oil and the continued decline in oil prices, OPEC needs to cut production by at least… Read more Future crude oil price forecast

The American Energy Information Association reported that crude oil inventories fell by 820,000 barrels to 490.7 billion barrels last week, while analysts expected an increase of 25.25 million barrels. U.S. crude oil production has also declined, dropping… Read more Crude oil trend

At 24:00 on August 6, the retail price of domestic refined oil ushered in an upward adjustment, and domestic refined oil prices rose sharply. However, after August 6, the domestic refined oil market prices rose steadily and did not form a continuous upwar… Read more Crude oil price news

The first focus on Tuesday was EIAs short-term energy outlook. It is estimated that OPECs crude oil production in 208 will average 200,000 barrels per day, and the average production in 209 will be slightly higher than 200,000 barrels per day. The EIA mad… Read more Which gas station company uses all U.S. crude oil

Many people like to keep adding positions and rushing forward with orders. Remember not to increase the position after the direction is reversed, and wait for the next opportunity to open a position, because if you keep increasing the position, then the s… Read more Crude oil market price today

Since there has been a shortage of truck drivers nationwide, the shale oil industry does not believe that trucking will be an effective solution to the lack of transportation capacity, especially because the demand for trucks will be temporary.The price f… Read more International crude oil price trends