ENTITY

Crude Oil (CL1 COM COMDTY)

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Analysis
Energy • United States
Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. Crude oil can be refined to produce usable products such as gasoline, diesel and various forms of petrochemicals. It is a nonrenewable resource, also known as a fossil fuel, which means that it can't be replaced naturally at the rate we consume it and is therefore a limited resource.
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bullish•Crude Oil
•02 Dec 2019 18:56

Weekly Oil Views: A Deal in Its "Final Throes" Set to Throw OPEC+ Ahead of Key Decision

Benchmark light sweet crude futures slumped by 2-5% on Black Friday, spooked by the Russian energy minister's remarks that perhaps OPEC+ should...

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bullish•Crude Oil
•25 Nov 2019 13:49

Weekly Oil Views: Crude Climbs to 2-Month Highs but Optimism over Trade Deal Is Fragile

The US and China have taken to rhetoric and posturing, possibly as a bargaining tactic,  in their efforts to forge a high-stakes “phase one” trade...

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bullish•Crude Oil
•18 Nov 2019 19:33

Weekly Oil Views: Crude Prices in Trade Deal Optimism but Further Upside Limited

Crude futures have been steadily and cautiously inching higher in recent weeks, pricing in optimism over the US and China signing a limited trade...

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bullish•Crude Oil
•11 Nov 2019 16:09

Weekly Oil Views: US, China Tussle with Tariffs Removal, Key for Oil Market

We finally heard this week about an understanding between the US and China involving a phased rollback of their import tariffs if they proceed with...

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bearish•Crude Oil
•04 Nov 2019 16:48

Weekly Oil Views: Friday's Price Spike Feels Like Irrational Exuberance

Crude rallied by nearly 4% during US trading hours on Friday, in sympathy with a burst of cheer in the financial markets from unexpectedly strong...

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