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Oil Tankers Jam Seas as Global Glut Builds
Yahoo Finance· 2025-10-09 00:00
The amount of oil on tankers in transit has jumped to the highest since 2016, and this is cause for concern because it means there is too much oil around and it is not being consumed. That’s the message that Bloomberg had this week, citing Votexa data. Yet China had a different message: it is building more oil tanks to boost its inventories, a lot more. And that tells a different message. The Vortexa data that Bloomberg cited said that there were 1.2 billion barrels of crude oil currently at sea, being mo ...
Oil News: WTI Crude Nears Moving Average Resistance as Bulls and Bears Square Off
FX Empire· 2025-10-08 11:01
Core Insights - The article emphasizes the importance of conducting thorough due diligence before making any financial decisions, particularly in the context of investments and trading activities [1] Group 1 - The content includes general news and personal analysis intended for educational and research purposes [1] - It highlights that the information provided may not be accurate or in real-time, and prices may be sourced from market makers rather than exchanges [1] - The article warns that trading decisions should be made at the individual's full responsibility, and reliance on the information provided is discouraged [1] Group 2 - The website discusses complex financial instruments such as cryptocurrencies and contracts for difference (CFDs), which carry a high risk of losing money [1] - It encourages individuals to perform their own research and understand the risks involved before investing in any financial instruments [1] - The content does not constitute any recommendation or advice for taking specific actions, including investments [1]
EIA hikes US oil output forecast, warns oversupply will slash prices
Yahoo Finance· 2025-10-07 17:03
Core Insights - U.S. oil production is projected to reach a record average of 13.53 million barrels per day (bpd) in 2023, an increase from the previous forecast of 13.44 million bpd, surpassing last year's average of 13.23 million bpd [1][3] Production Forecast - The increase in U.S. oil output is attributed to higher production levels in July and an upward revision for offshore U.S. Gulf production, which is expected to average 1.89 million bpd this year, up from 1.84 million bpd [3][4] Price Outlook - Despite the production increase, the Energy Information Administration (EIA) warns of an oversupplied oil market, predicting that crude oil inventories will rise and exert downward pressure on prices [2] - U.S. West Texas Intermediate crude prices are expected to average around $65 per barrel in 2023, reflecting a 15% decline from the previous year, while Brent crude prices are projected to average approximately $68.64 per barrel, also down nearly 15% from last year [2]
This Middle East oil giant just got a nuclear big brother — and your portfolio will feel the heat
MarketWatch· 2025-10-06 14:07
Group 1 - The trust of a key U.S. ally in America's ability to provide protection has diminished, impacting Treasury bonds, the dollar, and gold [1] - The shift in trust may lead to increased volatility in financial markets, particularly affecting the valuation of U.S. assets [1] - Investors may seek alternative safe-haven assets, such as gold, in response to geopolitical uncertainties [1] Group 2 - The decline in confidence could result in a reevaluation of the U.S. dollar's status as the world's primary reserve currency [1] - Treasury bonds may experience fluctuations in demand as allies reconsider their reliance on U.S. financial instruments [1] - The overall economic implications could affect global trade dynamics and investment strategies [1]
Oil Prices Rise. Why They're Jumping Even Though OPEC+ Is Pumping Out More Crude.
Barrons· 2025-10-06 11:43
The cartel is hiking its crude output, but by less than some market participants had expected. ...
'All Eyes Are on China' After OPEC+ Hike: Crystol Energy
Yahoo Finance· 2025-10-06 09:19
Crystol Energy Chief Executive Officer Carole Nakhle discusses OPEC+'s decision to raise oil production by 137,000-barrel-a-day. "If I look at the demand side, I think China is the main component in terms of keeping a floor to oil prices," Nakhle tells Bloomberg Television. ...
X @Bloomberg
Bloomberg· 2025-10-06 04:10
The oil market faces a tsunami of supply in early 2026 that will be costly to finance, argues @JavierBlas #OOTT (via @opinion) https://t.co/jrdKiqSnF9 ...
Global Markets Brace for Volatility as Gold Soars, Bonds Slip, and Geopolitical Tensions Mount
Stock Market News· 2025-10-06 03:38
Key Insights on Financial Markets Gold Market - Gold prices have surged nearly 50% this year, marking the best performance since 1979, driven by institutional investment amid global uncertainty and central bank diversification away from the U.S. dollar [3][10] - Spot gold reached a record high of $3,322.90 per ounce on April 17, 2025, with analysts predicting potential prices of $4,000 within a year and $5,000 in the coming years [3][4] European Bonds - French bond futures declined by 0.18% due to market uncertainty, exacerbated by a Fitch downgrade of France's sovereign credit rating from AA- to A+, the lowest on record, citing political instability and rising debt [5][10] - Ongoing anti-austerity protests and budget negotiation challenges for the new Prime Minister contribute to a cautious outlook for European fixed income markets [6] Asian Equities - The Hang Seng Index in Hong Kong fell by 0.6%, influenced by negative investor sentiment due to a U.S. government shutdown, which complicates the monetary policy outlook [7][10] - The political stalemate in Washington has dampened risk appetite in equity markets and increased demand for safe-haven assets like gold [8] Oil Market - OPEC+'s oil output increases are reducing spare production capacity, raising concerns about future supply disruptions, despite a planned increase of 137,000 barrels per day for November [9][11] - Oil prices saw a modest gain of about 1% in early trading, but analysts expect crude prices to remain weak due to a gloomy global economic outlook and weakening Chinese demand [11] Geopolitical Developments - Moscow's air defenses have successfully intercepted multiple drone threats, leading to temporary disruptions at major airports, highlighting ongoing geopolitical tensions [12] - A diplomatic visit by a Vietnamese leader to North Korea marks an effort by Pyongyang to break its international isolation amidst heavy sanctions [13]
X @Bloomberg
Bloomberg· 2025-10-05 19:05
If Beijing stops stockpiling and the crude oversupply deepens as consumption falls, there will be a bloodbath in oil markets, writes @davidfickling (via @opinion) https://t.co/Bl7Zz3oHKb ...
Oil News: Supply Glut Forecast Builds as OPEC+ Unwinds Cuts Through Q4
FX Empire· 2025-10-05 15:35
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...