Recent content by ZZZoe

  1. ZZZoe

    Natural gas jumps nearly 6% to highest price since late January

    Natural gas futures rose nearly 6 percent on Tuesday, as coal prices rose to their highest since January as Europe considers banning Russian energy and cooler weather in parts of the United States. Meanwhile, oil futures reversed course and ended modestly lower as Western leaders weighed the...
  2. ZZZoe

    U.S. release SPR, OPEC+ production increase plan unchanged, WTI down 7%

    The United States earlier announced the release of the largest strategic oil reserve in history. The Organization of the Petroleum Exporting Countries and its allies (OPEC+) adhered to the original plan to increase production slightly in May. Crude oil prices both closed lower on Thursday, and...
  3. ZZZoe

    Kremlin denies progress in talks, crude recovers from previous day's losses

    Crude oil prices closed higher on Wednesday (30th), mainly because the market had doubts about the progress of the Russia-Ukraine talks the previous day, and concerns about crude oil supply in the region increased again. Oil prices continued to rise after the report, official U.S. data showed...
  4. ZZZoe

    Russia-Ukraine meeting are constructive, WTI crude oil briefly falls below the $100 mark

    Crude oil prices closed lower on Tuesday (29th), with WTI crude oil futures falling below the $100 per barrel level for the first time since mid-month, due to Russian media reports that Russian officials described the Russia-Ukraine talks as "constructive. Meanwhile, OPEC+, which includes...
  5. ZZZoe

    Lockdown may dampen demand, progress in Russia-Ukraine talks, crude oil plunges 7%Crude oil prices tumbled about 7% on Monday to

    Crude oil prices tumbled about 7% on Monday to close at their lowest level in more than a week, mainly because the worsening of the epidemic may dampen energy demand, and progress in peace talks between Russia and Ukraine is expected to help ease concerns about energy supply risks. Crude oil...
  6. ZZZoe

    Saudi Arabia's Jeddah oil depot attacked, crude oil reversed to close higher Brent crude oil rose nearly 12% this week

    The attack on the Arabian oil facility once again caused market concerns about global crude oil supply, which made crude oil prices reversed and closed higher on Friday (25th), and the price of Brent crude oil rose nearly 12% this week. While the EU's inability to reach an agreement to embargo...
  7. ZZZoe

    Crude oil falls more than 2% as U.S. offers new round of sanctions but EU is reluctant to cut off Russian oil

    Crude oil futures prices fell more than 2% on Thursday (24th), retreating from more than two-week highs reached yesterday, mainly as global leaders gathered to discuss Russia's invasion of Ukraine, the United States announced new sanctions on Russia, but the European Union Opinions remain...
  8. ZZZoe

    Crude oil

    Crude oil rose more than 5% to more than 2-week high as supply concerns worsened, U.S. inventories fell Crude oil rose again on Thursday, EIA crude oil inventories unexpectedly dropped sharply, and the energy supply interruption problem fermented, causing oil prices to rise again. The top...
  9. ZZZoe

    Crude oil

    Crude oil futures prices ended lower on Tuesday (22nd), WTI crude oil futures prices retreated after a 7% rise in the previous day, as investors were evaluating the prospect of the European Union banning the import of Russian crude oil. Crude oil rose first and then fell on Tuesday. From the...
  10. ZZZoe

    Oil rises more than 7% to close at near two-week high as EU considers embargo on Russian oil

    Oil rises more than 7% to close at near two-week high as EU considers embargo on Russian oil As the war between Russia and Ukraine continues, and some EU countries are considering imposing an oil embargo on Russia, crude oil futures prices rose sharply on Monday (21st), and WTI crude oil...
  11. ZZZoe

    Russia refutes the progress of peace talks, again airstrikes Ukraine, crude oil returns to the top of the $100 mark

    Crude oil futures prices rose on Thursday (17th), WTI crude oil and Brent crude oil both returned to above $100 a barrel, a partial rebound after a 3-day losing streak, due to the intensified Russian-Ukrainian war and expectations of a sharp reduction in Russian crude oil supplies. warming up...
  12. ZZZoe

    U.S. crude oil inventories increased for the first time in 3 weeks, market worries about demand destruction, crude oil held below $100

    Crude oil prices fell on Wednesday, with WTI and Brent both closing below $100 a barrel, as U.S. crude supplies rose for the first time in three weeks, as official U.S. data showed and traders worried that high fuel prices would lead to demand decline. Traders also continued to monitor...
  13. ZZZoe

    crude falls into bear market

    OPEC assesses demand expectations, crude falls into bear market, WTI falls below $100 Crude oil futures fell below $100 a barrel on Tuesday (15th), hitting the lowest closing price since Russia invaded Ukraine in nearly three weeks. After the fourth negotiation between Russia and Ukraine...
  14. ZZZoe

    U.S. plans to ease sanctions on Venezuela, allow oil in exchange for debt

    Crude oil prices closed lower on Monday, as news reports that the United States sought Venezuela's help in boosting crude supplies to fill a void created by the Russia-Ukraine war and China's lockdown measures amid a surge in coronavirus cases could dampen energy demand. Recommended to go short...
  15. ZZZoe

    Russia was revoked the MFNS, the Iran nuclear deal failed, crude oil rises but ended the week down 6% for the first time in 3 weeks

    Crude oil prices rose on Friday but ended the week lower as traders assessed potential efforts by countries to fill a void in the global market for Russian oil. President Biden announced that the United States and its allies will revoke Russia's "most-favored-nation" status in trade. The oil...
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