Goldman Sachs believes that the main factor behind the rise in oil prices is the improvement of its fundamentals. Oil demand remains strong, but the OPEC member countries production cuts have reduced supply and the imbalance between supply and demand has
Has the spring of spot crude oil prices come? According to foreign media reports, Angolas oil production hit a 0-year low, and concerns about supply shortages in the crude oil market have further intensified, and crude oil prices are likely to usher in a
Matt Badalili, senior research analyst at BanyanHill, said that these companies have not been affected by rising oil prices because many companies hedge when oil prices are at $50 a barrel.Regarding the connection between the loss of the joint petrochemic
On Friday night, the US GDP data for the second quarter will be ushered in, which is also the last heavyweight data this week. Trump’s economic adviser Kudlow recently said that the performance of the US GDP data to be released on Friday will be very impr
US President Trump announced that he has cancelled the historic summit with North Korean leader Kim Jong Un in Singapore scheduled for next month. The summit was originally scheduled to be held on June 2 and will be the first face-to-face meeting between
