Oil futures enduring a roller coaster ride as Chinese traders return after a holiday, first collapsing to the lowest level since December 2021 in a chaotic opening spell before erasing losses to trade higher. Stephen Stapczynski reports on Bloomberg Television.
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Oil, gas and mining
6 Comments
a russian invasion of ukraine, china "reopening" extravaganza, global reopening demand boom, and two production cuts and oil cant even hit $80. remember when the russian invasion started and "professionals" went on live tv and opened their mouths and said $200 oil was going to be the norm
Usa producong 12.4 million barrels a day and expected to reach 12.8 million in 2024… With OPEC cutting 400k in 2023 .. untill interest rates come down to finance demand we wont see a reverse in the market sentiment
@federalreserve
Remember Jerome,
Your friends at Carlyle Group, your friends on Wall Street, they punked you and convinced you that Inflation was transitory.
They played you like a Gilligan so that they could fatten up selling Stock Options.
That's just how Wall Street will do.
The BRICS are winning everyone else has lost sight. Buy energy on weakness it's going to be just that simple.
German Industry 4.0 is indeed brilliant. Thanks Klaus Schwab
What the level of the US strategic reserve. Russia oil refineries were bombed