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
•16 Dec 2019 15:18

Weekly Oil Views: Skinny US-China Trade Deal Promises Little Support for Oil

The US and China finally announced a “phase-one” trade deal on Friday, the highlights of which were the suspension of a new tranche of 15% import...

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bullish•Crude Oil
•09 Dec 2019 15:59

OPEC+ Agrees Real Deepening of Output Cuts, Supporting Oil Prices

After a gruelling six hours of ministerial meetings late into the night last Thursday in Vienna and a cancelled press conference, Saudi Arabia’s...

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400 Views
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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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410 Views
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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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404 Views
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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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