Early on Tuesday, Bloomberg’s NYMEX One-Month Heating-Oil/crude Spread
BY SRH Early on Tuesday, Bloomberg’s NYMEX one-month heating-oil/crude spread, which is monitored on the Terminal as the HOCL1 Index,…
Crude Oil
As the unexpected oil drain surges to 6.1 million barrels—the most in two months—the US SPR falls below 300 million barrels functional limit. Trouble!!
On Monday, oil prices climbed on global markets due to concerns that a resolution to the impasse between Iran and…
We’ve Been Here Before…
By Bas van Geffen, senior macro strategist at Rabobank Phil Connors has woken up to another instance of the same…
Exxon, Chevron Issue Apocalyptic Warning About What Happens Next To Oil
by Tyler Durden Just about two months ago, JPMorgan did the math on “How Long Before The World Hits Crude…
3/10/24: Crude Oil, Gold, and Other Commodities’ Closing Prices
By SRH, In the stock market today, benchmark U.S. crude oil for April delivery experienced a decline of 92 cents,…