Oil tumbles on Middle East ceasefire talks, Trans Mountain pipeline expansion

seekingalpha04-30

Crude oil futures turned lower Monday, with the U.S. WTI benchmark hitting its lowest level in a month, as speculation builds that Israel and Hamas may have made progress toward a deal that would free...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2431761158?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1213764535/image_1213764535.jpg","is_english":true,"pubTime":"2024-04-30 07:15","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2431761158","market":"hk","top_or_hot":-1,"title":"Oil tumbles on Middle East ceasefire talks, Trans Mountain pipeline expansion","media":"seekingalpha","content":"<div>\n<p>Crude oil futures turned lower Monday, with the U.S. WTI benchmark hitting its lowest level in a month, as speculation builds that Israel and Hamas may have made progress toward a deal that would free...</p>\n\n<a href=\"https://seekingalpha.com/news/4095941-oil-tumbles-on-middle-east-ceasefire-talks-trans-mountain-pipeline-expansion\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil tumbles on Middle East ceasefire talks, Trans Mountain pipeline expansion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil tumbles on Middle East ceasefire talks, Trans Mountain pipeline expansion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-30 07:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4095941-oil-tumbles-on-middle-east-ceasefire-talks-trans-mountain-pipeline-expansion><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Crude oil futures turned lower Monday, with the U.S. WTI benchmark hitting its lowest level in a month, as speculation builds that Israel and Hamas may have made progress toward a deal that would free...</p>\n\n<a href=\"https://seekingalpha.com/news/4095941-oil-tumbles-on-middle-east-ceasefire-talks-trans-mountain-pipeline-expansion\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"USL","symbol_name":"United States 12 Month Oil Fund LP","start_time":0,"source_url":"https://seekingalpha.com/news/4095941-oil-tumbles-on-middle-east-ceasefire-talks-trans-mountain-pipeline-expansion","article_id":"2431761158","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1213764535/image_1213764535.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2431761158","pubTimestamp":1714432549,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Crude oil futures turned lower Monday, with the U.S. WTI benchmark hitting its lowest level in a month, as speculation builds that Israel and Hamas may have made progress toward a deal that would free","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"USL":"United States 12 Month Oil Fund LP","BOIL":"两倍做多彭博天然气ETF-ProShares","UNL":"United States 12 Month Natural Gas Fund LP","DBO":"原油ETF-PowerShares","NRGU":"MicroSectors U.S. Big Oil Index 3x Leveraged ETN","BK7095":"多种金属与采矿","BK4588":"碎股","KOLD":"两倍做空彭博天然气ETF-ProShares","USL.AU":"Unico Silver Ltd","BK7104":"黄金","SCO":"二倍做空彭博原油指数ETF","GUSH":"Direxion Daily S&P Oil &Gas Exp. & Prod. Bull 2X Shares","FCG.AU":"FREEDOM CARE GROUP HOLDINGS","BK4563":"昨日强势股","USOI":"X-Links Crude Oil Shares Covered Call ETN","DBO.AU":"Diablo Resources Limited","BK7507":"资源股","BK7508":"医药生物股","UNL.AU":"Unitednetworks","BK7083":"煤与消费用燃料","FCG":"First Trust Natural Gas ETF","BK7124":"保健护理服务","BNO":"美国布伦特原油基金有限合伙企业","BK4570":"地缘局势概念股","BK7506":"金矿股","BK4585":"ETF&股票定投概念","UCO":"二倍做多彭博原油ETF","UNG":"美国天然气基金","BK7067":"生物科技","DRIP":"Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares","BNO.AU":"Bionomics"},"translate_title":"中东停火谈判导致油价暴跌，跨山输油管道扩建","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DBO":1,"USOI":1,"USL.AU":1,"USL":1,"UNL.AU":1,"UNL":1,"UNG":1,"UCO":1,"SCO":1,"NRGU":1,"KOLD":1,"GUSH":1,"FCG.AU":1,"FCG":1,"DRIP":1,"DBO.AU":1,"BOIL":1,"BNO.AU":1,"BNO":1},"content_text":"Crude oil futures turned lower Monday, with the U.S. WTI benchmark hitting its lowest level in a month, as speculation builds that Israel and Hamas may have made progress toward a deal that would free some Israeli hostages and bring a ceasefire to the war in Gaza. U.S. Secretary of State Blinken pressured Hamas to accept Israel's latest proposal, calling it \"extraordinarily generous.\" The oil market has seen \"some easing of risk premium as the threat of a direct confrontation between Israel and Iran has gone away,\" Price Futures Group's Phil Flynn said, according to Marketwatch, although \"the ongoing drama in the continuing risk of supply against what should be record-breaking demand is going to keep the market well supported.\" Front-month Nymex crude (CL1:COM) for June delivery ended -1.4% to $82.63/bbl, its lowest since March 27, and front-month June Brent crude (CO1:COM) closed -1.2% to $88.40/bbl. Meanwhile, U.S. natural gas climbed above $2, with the June Nymex contract (NG1:COM) finishing +5.5% to $2.03/MMBtu, the front-month's highest settlement value since February 5. ETFs: (NYSEARCA:USO), (BNO), (UCO), (SCO), (USL), (DBO), (DRIP), (GUSH), (NRGU), (USOI), (UNG), (BOIL), (KOLD), (UNL), (FCG) Flynn said the oil market also was beginning to price in the anticipated start of partial operations of Canada's Trans Mountain pipeline expansion project, which will ship an additional 590K bbl/day from Alberta to Canada's Pacific Coast. The price of the Canadian oil should rise because Canada will be able to get it out into the marketplace, and there will be more supply in the market, which could put pressure on all grades of crude at least temporarily, Flynn said.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2431761158"}