ENTITY

Crude Oil (CL1 COM COMDTY)

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Analysis
EnergyUnited 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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bullishCrude Oil
05 Dec 2024 14:50

Oil Prices Recover from Last Week’s Fall as Markets Bet on OPEC Postponing Output Hikes

​OPEC+ meeting to decide on output increases delay caused market jitters, but rebound in oil futures expected as uncertainty eases.

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bearishMacroeconomics
04 Dec 2024 13:47

The Drill: China and Russia Are Intensifying the Commodity Battle?

The OPEC+ meeting is finally taking place after the Kremlin managed to get Zoom working on Windows 7. Early reports from delegates suggest that...

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bullishCrude Oil
03 Dec 2024 22:17

[US Crude Oil Options Weekly 2024/48] WTI Drops on Easing Supply Concerns

​WTI futures fell 4.6% due to easing Middle East tensions and rising US refined petroleum inventories, with Put/Call volume ratio and Open Interest...

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bullishMacroeconomics
03 Dec 2024 16:57

The Week at a Glance: Manufacturing Rebound, Fed Liquidity Signals & Oil’s Fragile Balance

Happy Monday!Each week, we collect the most important events in the week ahead and provide you with our direction going into them. Enjoy!Monday –...

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bullishGold
03 Dec 2024 07:31Syndicated

Goldman Thinks Commodities Will Outperform in 2025 // Bonds Into Year-End?

Goldman Thinks Commodities Will Outperform in 2025 Gold will rally to a record next year on central-bank buying and US interest rate cuts,...

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