Oil Heads for Longest Losing Run This Year in Boost for Biden

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Oil Heads for Longest Losing Run This Year in Boost for Biden

Bloomberg2022-07-22

Oil headed for a third weekly drop, the longest losing run this year, on concerns about soft US gasoline consumption and scope for a global slowdown as central banks tighten monetary policy to combat ...

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angelchow
·2022-07-22
Ok
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DrSam
·2022-07-22
K
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Nighttt
·2022-07-22
Good
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boonk
·2022-07-22
Yes
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NanaKong
·2022-07-22
Good
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Singman
·2022-07-22
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Mich77
·2022-07-22
read
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robot1234
·2022-07-22
Oil slumps on gasoline stockpiles, rate hikes and resuming supply. Oil prices were down about $3 a barrel on Thursday on higher U.S. gasoline stockpiles and after a European Central Bank (ECB) rate hike stoked demand worries, while returning oil supply from Libya and the resumption of Russia’s gas flows to Europe eased supply concerns.Brent crude futures settled 2.86% lower at $103.86 per barrel. U.S. West Texas Intermediate crude futures ended the day at $96.35, for a loss of 3.5%.Both were down more than $5 earlier in the session.“The resumption of Nord Stream gas flows appears to be conjuring up images of a more conciliatory posture on the part of Russia regarding continued movement of crude and products into Europe in the coming weeks/month,” said Jim Ritterbusch of Ritterbusch and Ass
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ccy1122
·2022-07-22
[OK] [OK] [OK] [Like] [Like] [Like]
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陈河马
·2022-07-22
Wow
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FrankieTok
·2022-07-22
Ok
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InvisibleP
·2022-07-22
Ok
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Papa Bear
·2022-07-22
Biden wasted his trip, a phone call from Putin is enough for OPEC.
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Thonyaunn
·2022-07-22
Gd
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Wck
·2022-07-22
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Bubble5728
·2022-07-22
[Smile]
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EHG
·2022-07-22
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Oyh
·2022-07-22
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slumps on gasoline stockpiles, rate hikes and resuming supply. Oil prices were down about $3 a barrel on Thursday on higher U.S. gasoline stockpiles and after a European Central Bank (ECB) rate hike stoked demand worries, while returning oil supply from Libya and the resumption of Russia’s gas flows to Europe eased supply concerns.Brent crude futures settled 2.86% lower at $103.86 per barrel. U.S. West Texas Intermediate crude futures ended the day at $96.35, for a loss of 3.5%.Both were down more than $5 earlier in the session.“The resumption of Nord Stream gas flows appears to be conjuring up images of a more conciliatory posture on the part of Russia regarding continued movement of crude and products into Europe in the coming weeks/month,” said Jim Ritterbusch of Ritterbusch and Ass","listText":"Oil slumps on gasoline stockpiles, rate hikes and resuming supply. Oil prices were down about $3 a barrel on Thursday on higher U.S. gasoline stockpiles and after a European Central Bank (ECB) rate hike stoked demand worries, while returning oil supply from Libya and the resumption of Russia’s gas flows to Europe eased supply concerns.Brent crude futures settled 2.86% lower at $103.86 per barrel. U.S. West Texas Intermediate crude futures ended the day at $96.35, for a loss of 3.5%.Both were down more than $5 earlier in the session.“The resumption of Nord Stream gas flows appears to be conjuring up images of a more conciliatory posture on the part of Russia regarding continued movement of crude and products into Europe in the coming weeks/month,” said Jim Ritterbusch of Ritterbusch and Ass","text":"Oil slumps on gasoline stockpiles, rate hikes and resuming supply. Oil prices were down about $3 a barrel on Thursday on higher U.S. gasoline stockpiles and after a European Central Bank (ECB) rate hike stoked demand worries, while returning oil supply from Libya and the resumption of Russia’s gas flows to Europe eased supply concerns.Brent crude futures settled 2.86% lower at $103.86 per barrel. U.S. West Texas Intermediate crude futures ended the day at $96.35, for a loss of 3.5%.Both were down more than $5 earlier in the session.“The resumption of Nord Stream gas flows appears to be conjuring up images of a more conciliatory posture on the part of Russia regarding continued movement of crude and products into Europe in the coming weeks/month,” said Jim Ritterbusch of Ritterbusch and Ass","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":16,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077973968","repostId":1111502398,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077946560,"gmtCreate":1658450441450,"gmtModify":1676536160518,"author":{"id":"4103860021943040","authorId":"4103860021943040","name":"ccy1122","avatar":"https://static.itradeup.com/news/562c0e01bcfc63800f64741051cd9dbe","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"[OK]&nbsp;[OK]&nbsp;[OK]&nbsp;[Like]&nbsp;[Like]&nbsp;[Like]&nbsp;","listText":"[OK]&nbsp;[OK]&nbsp;[OK]&nbsp;[Like]&nbsp;[Like]&nbsp;[Like]&nbsp;","text":"[OK] [OK] [OK] [Like] [Like] 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