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Whiting USA Trust: Dividend Insights
Whiting USA Trust II reports Q4 results
Strong demand prospects for crude oil futures hit the highest closing price since March
Crude oil futures prices hit their highest closing price since March on Wednesday in the early morning Beijing time. Oil prices have been boosted by the optimistic demand outlook for the second half of 2021 and the decline in US crude oil inventories. Traders are also watching gasoline shortages in the southeastern United States. Colonial Pipeline is currently repairing an important pipeline system for transporting oil products locally. The (IEA) of the International Energy Agency said in its monthly report that the crude oil glut that occurred after the outbreak, which led oil-producing countries to cut production, had basically returned to normal. IEA lowered its demand growth forecast for 2021