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At Close: Jun 05, 2026
Houthis' attacks on ships and strong U.S. economic reports pushed oil prices towards 2024 highs.

How China Stimulus Will Affect Crude Oil

11:52am, Thursday, 25'th Jan 2024
Crude oil rises after U.S. inventories fall more than expected last week. Matt Smith discusses this, as well as the state of natural gas futures.
We remain optimistic about near-term prices for crude and advise investors to buy stocks like OII, HLX and SUN.
Crude oil markets are threatening a major breakout at the moment, and therefore we need to pay close attention to what's going on in both grades.
PBoC's MLF rate cut propels US and UK oil prices, with NG seeing a 1.36% rise amidst global economic shifts.
Oil futures rose Thursday, building on gains scored the previous session after government data showed a much larger-than-expected drops in U.S. crude inventories and production.
US crude inventory drop, China's reserve cut, and stable Middle East geopolitics bolster oil demand amid GDP anticipation.
Oil prices rose on Thursday after data showed U.S. crude stockpiles fell more than expected last week, while the Chinese central bank's cut in banks' reserve ratio reinforced hopes of more stimulus me
The bullish EIA report pushed WTI oil above the psychologically important $75.00 level.
Rising gasoline stocks are a signal that demand might be weakening as supply returns to the market after disruptions in Libya and North Dakota.
With the U.S. Dollar gaining strength, crude oil prices face downward pressure, challenging global demand trends.
Oil prices were little changed in Asian trading on Wednesday as weak demand and a recovery in supply limited the market's reaction to mounting geopolitical risk.
Brent oil failed to settle above the key $80 level despite rising tensions in the Middle East.
Crude oil markets have pulled back a bit from the recent ceiling, as it looks like we are continuing to build a case for upward pressure over the longer term.
A shift in technical momentum in WTI crude prices and geopolitical events has lead to a bullish short-term outlook for oil markets.
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