Oil Prices Bounce Back After 'Black Friday' Collapse
Oil prices rebounded on Monday morning following an overreaction on Friday to the news of a new Covid variant
Source: oilprice.com
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Top News In Commodity Strategy Today - Breaking & Trending Today
Press review: New German cabinet unlikely to hinder Nord Stream 2 and US to sabotage OPEC+
Top stories from the Russian press on Thursday, November 25th
Source: tass.com
Oil sales from US inventories not significant for market, analyst says
Having already fallen by 10% ahead of the announcement, these initiatives will do little to force prices lower, Head of Commodity Strategy with Saxo Bank Ole Hansen notes
Source: tass.com
What Happens With Oil Prices If Cushing Inventories Fall To Zero?
As inventory levels at America’s largest oil storage facility Cushing have fallen to a three-year low, analysts have started to point out how an empty Cushing could send oil prices skyrocketing
Source: oilprice.com
Hedge Funds Cut Bullish Bets On Oil Amid Profit-Taking
Portfolio managers reduced their bullish bets on oil in the latest reporting week as they moved to take profits amid prices hitting multi-year highs
Source: oilprice.com