WTI economics. Commodity trader. I read the fundamentals- but trade the technicals. #WTI🤍🛢️#OOTT. Spreading knowledge not just opinion .Joined August 2024
Money managers increased their net-length in WTI crude oil futures and options by 3,062 contracts to 27,287 in the week ending September 2
Long-only positions rose by 668
Short-only positions fell by 2,394
other reportables net-length fell by 6,655
CFTC #oott
Key #OPEC+ meet Sep 7 to consider unwinding more #crude cuts as oversupply looms
🛢️Seasonal demand, #China stock build have supported prices
🛢️Output growth may fall short of further quota rises
🛢️Group to discuss market conditions online
#OOTT#upstream#oilprice
Now that August is in the books, tariff revenues topped over $31 billion in the month: a new record high. As collection continues to grow, the Trump Administration is fixing the financial shambles it inherited.
Oil prices fell by more than 1% on Wednesday ahead of a weekend meeting of OPEC+ producers that is expected to consider another increase in production targets in October.
Gold stocks advanced 3% to its highest since June 16 as bullion soared after US inflation data reinforced hopes that the US Federal Reserve could cut interest rates this month.
Gold stocks advanced 3% to its highest since June 16 as bullion soared after US inflation data reinforced hopes that the US Federal Reserve could cut interest rates this month.
President Xi Jinping said his country will increase investments and loans to partners while outlining a plan to bolster a China- and Russia-led security bloc and boost Beijing’s global clout.
China will provide 2 billion yuan ($275 million) in grants to member states of the…
Iranian Basij forces commander Brigadier General Gholam Reza Soleimani: If Israel makes a mistake again, we will attack it and also attack those who support it, and we have a complete target bank.
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