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
•01 Dec 2023 13:46•Broker

OPEC+ Agrees to Extend Voluntary Oil Production Curb

OPEC+ agreed to roll over the voluntary oil production cut, led by Saudi Arabia and Russia, alongside an additional voluntary reduction by some...

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bullish•Crude Oil
•04 Oct 2023 10:29•Broker

Today's Dominant Ideas

Technically, the SET Index is expected to weaken, with the support at 1,433/1,422 points and the resistance at 1,455/1,460 points. Keep a close...

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bullish•Crude Oil
•03 Apr 2023 10:24•Broker

Today's Dominant Ideas

The SET Index is expected to weaken, with the support at 1,600/1,590 points and the resistance at 1,618/1,625 points. Regarding the investment...

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bullish•Crude Oil
•08 Jan 2021 17:04•Broker

Optimism Driving Share Prices; Selective Buy

We raise our Dubai assumption to USD50/bbl in 2021-22E, viewing that the limited production increase by OPEC+ in the face of demand risk will...

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bullish•Crude Oil
•08 Jan 2021 17:03•Broker

OPEC+ Meeting: No Barrel Increase in February

The OPEC+ meeting ended with a positive surprise, with the group agreeing to roll over oil production level to February (no barrel increase) and...

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