Oil Stocks Rallied in Morning Trading

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Oil Stocks Rallied in Morning Trading

Tiger Newspress2022-07-07

Oil Stocks Rallied in Morning Trading.

Chevron, Exxon Mobil, BP, ConocoPhillips, Shell, Occidental, Equinor, and Callon rose between 1% and 5%.Oil edged higher in choppy trading as investors weighed concerns that a potential global slowdown would hollow out energy demand against signs of still-tight physical markets.

Crude oil futures surged on Thursday, wtih WTI oil futures up 4.09%, Brent crude futures up 4.69%.

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tgll
·2022-07-08
Good
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GH_82
·2022-07-08
Nice
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Swordmerlin
·2022-07-08
Ok
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Goodmeng
·2022-07-08
👍
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robot1234
·2022-07-08
Oil jumps as tight supply outweighs recession fears. Oil prices surged on Thursday, rebounding from steep losses the previous two sessions, as investors returned their focus to tight supply despite nagging fears of a potential global recession.Brent crude futures settled 3.9% higher at $104.65 per barrel. U.S. WTI crude futures settled 4.26% higher at $102.73. On the supply side, traders are bracing for oil supply disruptions at the Caspian Pipeline Consortium (CPC), which has been told by a Russian court to suspend activity for 30 days. “Recession fears continue to grow and that obviously does raise some concerns for the demand outlook,” said Warren Patterson, ING’s head of commodity research.“However, supportive fundamentals should mean that further downside is relatively limit
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Zen0321
·2022-07-08
👍
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andrew123
·2022-07-08
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Seah CL
·2022-07-08
K
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xuero
·2022-07-08
Oh...no![Surprised]
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StarGalaxy
·2022-07-08
Ok
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tigernaut
·2022-07-08
👍
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Gerald33km
·2022-07-07
Ok
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Otahman
·2022-07-07
Like pls
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Kiwii
·2022-07-07
hallo
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Grest
·2022-07-07
O
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Edwardtoh
·2022-07-07
Ooh..
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NPC69
·2022-07-07
K
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ycwoo
·2022-07-07
Good
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jumps as tight supply outweighs recession fears. Oil prices surged on Thursday, rebounding from steep losses the previous two sessions, as investors returned their focus to tight supply despite nagging fears of a potential global recession.Brent crude futures settled 3.9% higher at $104.65 per barrel. U.S. WTI crude futures settled 4.26% higher at $102.73.&nbsp;On the supply side, traders are bracing for oil supply disruptions at the Caspian Pipeline Consortium (CPC), which has been told by a Russian court to suspend activity for 30 days.&nbsp;“Recession fears continue to grow and that obviously does raise some concerns for the demand outlook,” said Warren Patterson, ING’s head of commodity research.“However, supportive fundamentals should mean that further downside is relatively limit","listText":"Oil jumps as tight supply outweighs recession fears. 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Oil prices surged on Thursday, rebounding from steep losses the previous two sessions, as investors returned their focus to tight supply despite nagging fears of a potential global recession.Brent crude futures settled 3.9% higher at $104.65 per barrel. U.S. WTI crude futures settled 4.26% higher at $102.73. On the supply side, traders are bracing for oil supply disruptions at the Caspian Pipeline Consortium (CPC), which has been told by a Russian court to suspend activity for 30 days. “Recession fears continue to grow and that obviously does raise some concerns for the demand outlook,” said Warren Patterson, ING’s head of commodity research.“However, supportive fundamentals should mean that further downside is relatively limit","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":31,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9079404597","repostId":1101877718,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9079400242,"gmtCreate":1657234201386,"gmtModify":1676535972941,"author":{"id":"3577312827430235","authorId":"3577312827430235","name":"Zen0321","avatar":"https://community-static.tradeup.com/news/08d5ede66f323952a80cfadfe3d65983","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3577312827430235","authorIdStr":"3577312827430235"},"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9079400242","repostId":1101877718,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9079572219,"gmtCreate":1657233808131,"gmtModify":1676535972864,"author":{"id":"3576260758860416","authorId":"3576260758860416","name":"andrew123","avatar":"https://community-static.tradeup.com/news/f2a1eaba26272212d42018e60e78b422","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":5,"crmLevelSwitch":0,"idStr":"3576260758860416","authorIdStr":"3576260758860416"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9079572219","repostId":1101877718,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9079521615,"gmtCreate":1657230864237,"gmtModify":1676535971935,"author":{"id":"4102135564535180","authorId":"4102135564535180","name":"Seah 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