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- ItiswhatitisItiswhatitis
  ·2021-07-21
  Hmm
  WTI Shrugs Off Unexpectedly Large Crude Inventory Build
  After the initial tumble last night - afterAPI reported an unexpected build in crude inventories (an
  WTI Shrugs Off Unexpectedly Large Crude Inventory Build
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- ItiswhatitisItiswhatitis
  ·2021-07-21
  Nice
  Blockchain firm Core Scientific to go public via $4.3 billion SPAC deal
  (Reuters) -Core Scientific will go public through a merger with a special purpose acquisition compan
  Blockchain firm Core Scientific to go public via $4.3 billion SPAC deal
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afterAPI reported an unexpected build in crude inventories (an","content":"<p>After the initial tumble last night - after<b><i>API reported an unexpected build in crude inventories (and big build in gasoline stocks)</i></b>- oil prices have surged higher overnight and across the US equity market open as all those Monday fears appear to be evaporating once again.</p>\n<blockquote>\n <b>“Risk-on is the main driver,”</b>said&nbsp;Giovanni Staunovo, an analyst at UBS Group AG in Zurich. \n <b>“I still believe oil fundamentals themselves are supportive, but the last 72 hours were primarily driven by shifts in investors’ attitude to risk.”</b>\n</blockquote>\n<p>Maybe this morning's official data will reignote some sense of fundamentals in the energy complex... however fleeting.</p>\n<p><u><b>API</b></u></p>\n<ul>\n <li><b>Crude +806k (-5.4mm exp)</b></li>\n <li>Cushing -3.57mm</li>\n <li><b>Gasoline +3.31mm (-1.0mm exp)</b></li>\n <li>Distillates</li>\n</ul>\n<p><u><b>DOE</b></u></p>\n<ul>\n <li>Crude +2.11mm (-3.7mm exp)</li>\n <li>Cushing -1.347mm</li>\n <li>Gasoline -121k (-1.0mm exp)</li>\n <li>Distillates -1.349mm</li>\n</ul>\n<p>Analysts expected a 9th straight weekly draw in crude stocks, even after API reported an unexpected build, but were wrong when the official data showed an even bigger 2.11mm barrel increase. Gasoline stocks dropped very marginally, but not the build we saw in API data...</p>\n<p><img src=\"https://static.tigerbbs.com/53692cf75a66214e7f4a1494f2c4f5c4\" tg-width=\"982\" tg-height=\"563\" referrerpolicy=\"no-referrer\"><i>Source: Bloomberg</i></p>\n<p>Some have suggested the lack of a continued drop in gasoline demand is responsible for the market's refusal to drop on the crude build but the rise in demand is de minimus ...</p>\n<p><img src=\"https://static.tigerbbs.com/2510f442e2b763efcc5f373b32e4e8d2\" tg-width=\"982\" tg-height=\"561\" referrerpolicy=\"no-referrer\"><i>Source: Bloomberg</i></p>\n<p>US crude production has begun to rise after many months of \"discipline\"...</p>\n<p><img src=\"https://static.tigerbbs.com/307a71b95275646cf5eb099cafe3ed7a\" tg-width=\"982\" tg-height=\"552\" referrerpolicy=\"no-referrer\"><i>Source: Bloomberg</i></p>\n<p>WTI was trading around $69.50 ahead of the official data and dipped only modestly after surprisingly large crude build...</p>\n<p><img src=\"https://static.tigerbbs.com/a1f8f322ef7c001a2f6bf40c3e64c065\" tg-width=\"1280\" tg-height=\"666\" referrerpolicy=\"no-referrer\"><i><b>\"There are bottom pickers trying to get into this dip,\"</b></i>said Bob Yawger, director of energy futures at Mizuho in New York.</p>\n<p>Analysts at Goldman Sachs Group say that the extra barrels of oil promised by OPEC won't be enough to plug the gap between production and recovering demand. They see Brent, the global benchmark, trading at an average of $80 a barrel in the fourth quarter, though they<b>warn of the potential for prices to \"gyrate wildly in the coming weeks.\"</b></p>\n<p>Bloomberg Intelligence Senior Energy Analyst Vince Piazza warned that<b>global balances for crude oil faces two-pronged pressure from the growing dominance of the delta variant of Covid-19 and OPEC+’s plan to boost production next month.</b>Softer prices across the energy sector may curb some concerns about broad inflation pressure. Meanwhile, we see near-term production in the U.S. remaining pretty resilient through the summer, with inventories for the week of July 16 expected to fall by 4.99 million barrels.</p>","collect":0,"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>WTI Shrugs Off Unexpectedly Large Crude Inventory Build</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\">\nWTI Shrugs Off Unexpectedly Large Crude Inventory Build\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-21 22:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/energy/wti-shrugs-unexpectedly-large-crude-inventory-build?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After the initial tumble last night - afterAPI reported an unexpected build in crude inventories (and big build in gasoline stocks)- oil prices have surged higher overnight and across the US equity ...</p>\n\n<a href=\"https://www.zerohedge.com/energy/wti-shrugs-unexpectedly-large-crude-inventory-build?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRUD.UK":"WTI原油ETF"},"source_url":"https://www.zerohedge.com/energy/wti-shrugs-unexpectedly-large-crude-inventory-build?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158935021","content_text":"After the initial tumble last night - afterAPI reported an unexpected build in crude inventories (and big build in gasoline stocks)- oil prices have surged higher overnight and across the US equity market open as all those Monday fears appear to be evaporating once again.\n\n“Risk-on is the main driver,”said Giovanni Staunovo, an analyst at UBS Group AG in Zurich. \n “I still believe oil fundamentals themselves are supportive, but the last 72 hours were primarily driven by shifts in investors’ attitude to risk.”\n\nMaybe this morning's official data will reignote some sense of fundamentals in the energy complex... however fleeting.\nAPI\n\nCrude +806k (-5.4mm exp)\nCushing -3.57mm\nGasoline +3.31mm (-1.0mm exp)\nDistillates\n\nDOE\n\nCrude +2.11mm (-3.7mm exp)\nCushing -1.347mm\nGasoline -121k (-1.0mm exp)\nDistillates -1.349mm\n\nAnalysts expected a 9th straight weekly draw in crude stocks, even after API reported an unexpected build, but were wrong when the official data showed an even bigger 2.11mm barrel increase. Gasoline stocks dropped very marginally, but not the build we saw in API data...\nSource: Bloomberg\nSome have suggested the lack of a continued drop in gasoline demand is responsible for the market's refusal to drop on the crude build but the rise in demand is de minimus ...\nSource: Bloomberg\nUS crude production has begun to rise after many months of \"discipline\"...\nSource: Bloomberg\nWTI was trading around $69.50 ahead of the official data and dipped only modestly after surprisingly large crude build...\n\"There are bottom pickers trying to get into this dip,\"said Bob Yawger, director of energy futures at Mizuho in New York.\nAnalysts at Goldman Sachs Group say that the extra barrels of oil promised by OPEC won't be enough to plug the gap between production and recovering demand. They see Brent, the global benchmark, trading at an average of $80 a barrel in the fourth quarter, though theywarn of the potential for prices to \"gyrate wildly in the coming weeks.\"\nBloomberg Intelligence Senior Energy Analyst Vince Piazza warned thatglobal balances for crude oil faces two-pronged pressure from the growing dominance of the delta variant of Covid-19 and OPEC+’s plan to boost production next month.Softer prices across the energy sector may curb some concerns about broad inflation pressure. Meanwhile, we see near-term production in the U.S. remaining pretty resilient through the summer, with inventories for the week of July 16 expected to fall by 4.99 million barrels.","news_type":1},"isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176686415,"gmtCreate":1626880170437,"gmtModify":1703479905477,"author":{"id":"3572681751004908","authorId":"3572681751004908","name":"Itiswhatitis","avatar":"https://static.tigerbbs.com/ad7adec4ea99be4cbf639e096e791b05","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572681751004908","authorIdStr":"3572681751004908"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176686415","repostId":"1137267771","repostType":4,"repost":{"id":"1137267771","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626877398,"share":"https://ttm.financial/m/news/1137267771?lang=&edition=fundamental","pubTime":"2021-07-21 22:23","market":"us","language":"en","title":"Blockchain firm Core Scientific to go public via $4.3 billion SPAC deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1137267771","media":"Reuters","summary":"(Reuters) -Core Scientific will go public through a merger with a special purpose acquisition compan","content":"<p>(Reuters) -Core Scientific will go public through a merger with a special purpose acquisition company (SPAC) in a deal that values the blockchain infrastructure and software firm at $4.3 billion, the companies said on Wednesday.</p>\n<p>The deal with Power &amp; Digital Infrastructure Acquisition Corp will fetch $300 million in cash proceeds, Core Scientific said.</p>\n<p>Some cryptocurrency firms like Peter Thiel-backed Bullish and FTX Trading Ltd have either raised funds or have gone public at high valuations, unfazed by the waning of investor enthusiasm in cryptocurrencies and the regulatory crackdown globally.</p>","collect":0,"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>Blockchain firm Core Scientific to go public via $4.3 billion SPAC deal</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; 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}\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\">\nBlockchain firm Core Scientific to go public via $4.3 billion SPAC deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-21 22:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Reuters) -Core Scientific will go public through a merger with a special purpose acquisition company (SPAC) in a deal that values the blockchain infrastructure and software firm at $4.3 billion, the companies said on Wednesday.</p>\n<p>The deal with Power &amp; Digital Infrastructure Acquisition Corp will fetch $300 million in cash proceeds, Core Scientific said.</p>\n<p>Some cryptocurrency firms like Peter Thiel-backed Bullish and FTX Trading Ltd have either raised funds or have gone public at high valuations, unfazed by the waning of investor enthusiasm in cryptocurrencies and the regulatory crackdown globally.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137267771","content_text":"(Reuters) -Core Scientific will go public through a merger with a special purpose acquisition company (SPAC) in a deal that values the blockchain infrastructure and software firm at $4.3 billion, the companies said on Wednesday.\nThe deal with Power & Digital Infrastructure Acquisition Corp will fetch $300 million in cash proceeds, Core Scientific said.\nSome cryptocurrency firms like Peter Thiel-backed Bullish and FTX Trading Ltd have either raised funds or have gone public at high valuations, unfazed by the waning of investor enthusiasm in cryptocurrencies and the regulatory crackdown globally.","news_type":1},"isVote":1,"tweetType":1,"viewCount":54,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}