Oil prices have plummeted! Did OPEC inadvertently help Biden out?
President Biden may have just received timely election assistance from a place he originally couldn't reach. At the ministerial meeting of OPEC+ on Sunday, the original production reduction policy was slightly relaxed, which may help to curb gasoline prices before the end of the year, thereby helping to ease the dissatisfaction of American voters with rising oil prices.
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Stocks Dip Even With Traders Hopeful For September Rate Cut; Bonds Extend Rally, Oil Plummets: What's Driving Markets Tuesday?
Growth concerns dragged stocks lower on Tuesday, with all major indices trading in the red as investors took a cautious tone on riskier assets. The S&P 500 faced selling pressure when attempting to br
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OPEC+ dealt a heavy blow to the bullish market! Pessimism continues to ferment in the oil market.
Despite OPEC+'s claim to adjust production policies according to market conditions, analysts believe that the organization has already been struggling to maintain low production levels, and the fundamentals of the oil market may further deteriorate by 2025.
US stock market outlook | The three major futures indexes are slightly lower; "Stock, bond and foreign exchange triple kill"! India's stock market hit its biggest drop in four years.
Wells Fargo & Co: The election next year is expected to push the S&P 500 to a new high of 5700 points; Short sellers of US stocks are losing ground, and the 'big short' encounter a 'darkest moment'; China concept stocks are mixed in pre-market trading, with small gains in Alibaba and JD.com, and a drop of more than 4% in Ctrip.
After the frenzy of csi commodity equity index, Wall Street continues to be bullish on resource stocks.
Wall Street is bullish on mining and energy stocks, believing that the generous shareholder returns and significant discounts relative to the market provide upward potential for these industry stocks.
OPEC+ has no choice! The dream of triple-digit oil prices is getting farther and farther away.
OPEC+ lacks the means to deal with a market that is sufficiently supplied, which is putting it in an endless cycle of production cuts.
Will OPEC+ trigger concerns over supply glut? Is the international oil price just beginning to decline?
The oil price continues to fall from the lowest level in nearly four months.
Crude oil prices are falling at noon due to a potential increase in global oil supply.
The market has shifted its attention to the possibility of increased supply towards the end of the year.
Oil prices have plummeted! Why did OPEC+'s efforts to save the market fail and instead lead to market turmoil?
The discussion confirming the latest decision of OPEC+ confirms that the market is still in a selling mode.
US and Brent both fell 3%! OPEC's slight easing of production cuts policy suppressed international oil prices.
Crude oil futures fell below $74 per barrel for the first time since early February. Brent crude oil futures fell nearly 3.5%, to the lowest level in nearly four months. Oil & gas analyst Javier Blas said that while OPEC+ has delayed production cuts, it is actually paving the way for increased production.
Shares of Several Oil & Gas Companies Are Trading Lower Following an OPEC+ Meeting in Which Members Said They Would Start Phasing Out Voluntary Production Cuts in October.
Shares of Several Oil & Gas Companies Are Trading Lower Following an OPEC+ Meeting in Which Members Said They Would Start Phasing Out Voluntary Production Cuts in October.
The US stock market may be "make or break” by Nvidia.
Perhaps it's time to withdraw from the artificial intelligence market and turn to the Dow Jones Industrial Average.
OPEC+ revealed a detailed roadmap for "production cuts end", and Goldman Sachs said it would be bearish for oil prices!
Can oil prices stabilize after OPEC+ agrees to extend production cuts? At Sunday's OPEC+ ministerial meeting, it was reported that OPEC+ had reached a preliminary agreement to extend its production cuts policy until 2025, gradually phasing out voluntary additional cuts from the end of September.
Behind the extension of OPEC+ production cuts: Saudi financial crisis triggers new trends in oil prices.
OPEC+ announced an agreement last weekend to extend production cuts until 2025, while planning to gradually increase oil supply from October. It is expected that daily production will increase by about 1.8 million barrels by mid-2025.
Goldman Sachs: Global LNG supply is expected to increase 80% in 2030, the US and Qatar lead
① The Goldman Sachs report shows that, driven by new construction projects in Qatar and North America, global liquefied natural gas (LNG) supply will surge 80% by 2030; ② The global oil and gas industry is undergoing a major transformation, preparing to cope with the long-term decline in crude oil demand and rising demand for natural gas.
Has OPEC+ conceded defeat? Saudi Arabia has a lot of unspeakable hidden things
OPEC+'s latest production policy may indicate that it has completely abandoned three-digit oil prices. Saudi Arabia is in a difficult period when this shift occurred.
The US oil and gas industry is reviving: after years of underinvestment, the market has entered crazy integration
① ConocoPhillips announced last week that it will acquire Marathon Petroleum, and its valuation has also jumped to 150 billion US dollars; ② The US oil and gas industry has seen frequent mergers and acquisitions since last year, revealing a trend of consolidation in the entire industry; ③ According to a survey by the US Dallas Federal Reserve, the industry estimates that there will be more mergers and acquisitions in the next two years.
The 10 US stocks with the highest shareholders' equity, this stock is “far ahead”!
Despite the limitations of book value valuation methods, they can still be used as a way to screen for cheaper stocks.