Oil prices experienced a modest rise during early Asian trade on Thursday due to rising geopolitical risks in the Middle East and increased demand for fuel as Hurricane Milton hits Florida. However, despite these immediate catalysts, the broader market outlook remains clouded by weaker demand prospects, as evidenced by recent data and forecasts. This report will examine the key factors driving oil prices higher, the underlying demand dynamics, and the potential implications of these movements. Middle East Tensions and Supply Disruptions One of the primary drivers of the recent uptick in oil prices is the escalating tensions between Israel and Iran. Israeli Defence Minister Yoav Gallant has signaled a potential military strike against Iran, an oil-producing powerhouse in the region. Gallant

Just entering March, in the absence of obvious special news, gold, US stocks and crude oil all rose sharply last Friday night, not to mention the rapid upward trend of Bitcoin a few days ago. This trend of market resonance shows that besides believing in the expectation of interest rate cut, the market began to gradually believe that inflation is coming again, which leads to the strange phenomenon that interest rate cut and inflation coexist. Theoretically, when inflation rises, the Federal Reserve has no incentive to cut interest rates. However, with the current high bond stock of the Federal Reserve (with a total loss of US $114.3 billion last year), it will take about four years to "turn losses" even if the interest rate is cut now. Therefore, the market believes that the interest rate

       clean energy be part of our energy needs.

I love this. And it's really good to invest 

buy here for some renound

I wish you all a Merry Christmas and Happy New Year's Day!This week is the last trading week in 2023. There is no important data and most traders are in holidays, so the market is expected to be relatively quiet. However, after the end of this week, next month will be an annual series of investment foresight posts . If you want to know the key trading opportunities next year, please pay more attention.Returning to the current market, the market is already looking forward to the Fed's interest rate cut next year. The only difference lies in the number of interest rate cuts. Although some investment institutions have expected the US stock market to collapse next year, they still suggest that you read less reports and more market conditions, because "risk" is potential, only when and how to d

In the dynamic realm of commodities trading,  few assets capture the attention of seasoned traders quite like WTI mini crude oil. With prices oscillating between $67 and $72, navigating the waves of energy futures can be both thrilling and lucrative. In this guide, we'll delve into key strategies to harness the potential of WTI mini crude oil, capitalizing on reversals and leveraging moving averages for strategic exits.$SPDR S&P 500 ETF Trust(SPY)$ $W&T Offshore(WTI)$ $WTI Crude Oil - Dec 2024(CL2412)$  ### Understanding Price Fluctuations 📉📈 WTI mini crude oil, like any commodity, experiences price fluctuat

Crude oil prices are at its lowest not seen in many months, looks like there are not many factors currently showing to change the trend of lower crude oil. But market seem to be bullish about oil because of the demand, though IEA projected faster than previously expected demand growth for 2024, there is a median Brent price of $85 predicted for 2024, this is without considering any major supply disruption. OPEC expects it to expand by 2.2 million barrels daily next year. The IEA attributed its revised forecast to a better economic outlook and lower oil prices, which traditionally spur greater demand for this commodity. In this article I would like to share my prediction for Oil prices for 2024 and whether we will be able to see any trend related to how IEA and OPEC could be thinking or do

I dont think it that way except war is the only given probability. 

🦀🦀🌚🌚🌚🌚🌚🌚

Yes because rebound soon

$Brent Last Day Financial - main 2402(BZmain)$ Just when you thought the global supply chains were opening, the wait time for products became longer than the chains that Jacob Marley had to drag around in eternity.  Chain Chain Chain, Chain of fools.The Houthi rebel’s attack on shipping in the Red Sea, which accounts for 12% of all global seaborne trade, has added substantial delays to shipping and is crying out for someone to do something about it. Vortexa reports the routes from India to northern Europe will now take 38 days instead of 24 days which is a 58% increase. If you’re shipping from the Middle East Gulf to northern Europe it’s now going to take 40 days, an increase of 74%. If you’re shipping from the Middle East Gulf to the Med