Thu, Sep 24, 2020 @ 02:44 GMT
The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products stocks soared +5.97 mmb to 1191.55 mmb in the week ended April 6. Crude oil inventory gained +3.31 mmb to 428.64 mmb,...
CFTC Commitments of Traders Speculators turned bearish over the energy complex in the week ended April 3. Net LENGTH for crude oil futures plunged -16 225 contracts from a week ago to 699 545. NET LENGTH of heating oil slipped...
The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products stocks fell -3.94 mmb to 1185.58 mmb in the week ended March 30. Crude oil inventory declined -4.62 mmb to 425.33 mmb,...
Crude oil prices climbed higher for the second consecutive day as a report showing unexpected expected decline in US inventory. Meanwhile, Russia pledged that it would fully comply with the output cut deal this month. However, caution is advised...
On March 26, China launched its, and also the world’s, first renminbi-denominated crude oil futures. The debut appeared successful with 20M barrels of oil changed hands on average in each of the first two trading days. This represents 3%...
CFTC Commitments of Traders With the exception of natural gas, speculators were bullish over the energy complex in the week ended March 27. Net LENGTH for crude oil futures jumped +12 062 contracts from a week ago to 715 7708....
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