Oil Prices on Track for Weekly Gain

By William Watts Oil futures rose Friday and were on track for weekly gains, taking back some of the ground lost last week as fears of a broader Middle East war faded. Price moves West Texas Interm

MarketWatchMay 10 19:57

US crude oil exports have surged, making it difficult for oil prices to rise?

U.S. crude oil is “siege” everywhere, and the spot price of crude oil from Europe to West Africa is falling.

Golden10 DataMay 10 16:50

[Crude oil market closes] Demand expectations have risen, and oil prices have climbed to a one-week high

Data from the world's major economies on Thursday (May 9) showed that demand from the world's two largest crude oil consumers may rise, and oil prices rose slightly to a one-week high. This is the highest closing price for the two crude oil benchmarks since April 30.

FX168May 10 06:28

Goldman Sachs predicts that there is no hope that production will increase at the OPEC+ meeting in June, and oil prices may stay in the 75-90 dollar range

Goldman Sachs said on Wednesday that they no longer expect OPEC+ to announce the partial lifting of its voluntary production cuts at the June meeting.

Zhitong FinanceMay 9 14:48

Seasonal demand for gasoline and diesel in the US is the worst since the pandemic hit refining profits

According to the latest data from the US Energy Information Administration, demand for gasoline and diesel in the US is at its weakest seasonal level since the pandemic.

Zhitong FinanceMay 9 10:50

Express News | Goldman Sachs expects OPEC+ to reduce supply over a longer period of time

BreakingsMay 9 10:21