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International oil prices surge sharply in the short term before pulling back
Wallstreetcn·Apr 23 at 12:22 AM
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Brent and West Texas Intermediate crude oil futures surged in the short term, with intraday gains expanding to 0.9% and 1% respectively
Wallstreetcn·Apr 23 at 12:12 AM
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WTI May crude oil futures settled at $92.96 per barrel, NYMEX May gasoline futures settled at $3.3579 per gallon, heating oil futures settled at $3.9379 per gallon, and natural gas futures settled at $2.7220 per million British thermal units
Wallstreetcn·Apr 22 at 06:31 PM
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BP's Whiting, Indiana Refinery Enters Second Month of Shutdown Amid Union Negotiation Deadlock
Wallstreetcn·Apr 22 at 06:13 PM
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WTI crude oil rose 3.0% intraday to $92.39 per barrel; Brent crude oil rose 3.0% intraday to $101.5 per barrel
Wallstreetcn·Apr 22 at 03:08 PM
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The U.S. Energy Information Administration (EIA): U.S. EIA crude oil inventories rose by 1.9 million barrels last week, compared to a Bloomberg forecast of a 4.1 million barrel decrease and an analyst expectation of a 1.0092 million barrel drop; the prior week saw a decline of 913,000 barrels
Wallstreetcn·Apr 22 at 02:30 PM
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Reminder: At 22:30 Beijing Time, the U.S. Energy Information Administration (EIA) will release its weekly government crude oil inventory report
Wallstreetcn·Apr 22 at 02:20 PM
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Brent crude oil rose 2.0% intraday to $100.46 per barrel; WTI crude oil rose 2.0% intraday to $91.55 per barrel
Wallstreetcn·Apr 22 at 12:50 PM
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Report: Two Iranian Tankers Carrying Full Loads Shut Down Tracking Systems, Bypass U.S. Blockade to Enter Arabian Sea
Wallstreetcn·Apr 22 at 07:27 AM
- On April 20, two Iranian supertankers crossed a U.S.-designated blockade into the Arabian Sea, part of 34 vessels that have breached the Strait of Hormuz since the blockade's inception. - The two ships can carry up to 4 million barrels of oil, highlighting the limitations of U.S. efforts to curb Iranian oil exports, despite President Trump's announcement of an indefinite ceasefire with Iran while maintaining the blockade. - Approximately 800 vessels remain trapped in the Persian Gulf, with the International Maritime Organization developing evacuation plans contingent on a reduction of tensions.
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15 Days Left! Iran's Oil Industry Forced to Cut Production, Then Shut Down Completely
Wallstreetcn·Apr 22 at 06:04 AM
- The U.S. Navy's potential comprehensive export blockade could lead Iran to cut oil production within 15 days, halting approximately 1.9 million barrels per day by around May 20. - Iran currently has about 40 million barrels of usable storage capacity, creating a critical 16-day window before production cuts become necessary due to storage limitations. - The looming blockade could severely impact Iran's economy, disrupting over 80% of its export revenue, while Iran may seek to respond through regional conflicts and resilience strategies.
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Reports indicate Iran has received 'certain signs' that the US is preparing to lift sanctions. International crude oil prices dipped briefly
Wallstreetcn·Apr 22 at 05:18 AM
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Malawi Government Says Oil Reserves Depleted Due to Middle East Conflict
Wallstreetcn·Apr 22 at 02:52 AM
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Commodity futures opened with leading contracts for LU fuel oil, fuel oil, crude oil, and styrene rising over 2%; rapeseed meal, palm oil, asphalt, liquefied petroleum gas, ethylene glycol, and soybeans rose over 1%. Shanghai Silver fell over 2%, and Shanghai Tin declined over 1%
Wallstreetcn·Apr 22 at 01:00 AM
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Brent crude rose $5
Wallstreetcn·Apr 21 at 08:01 PM
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