Crude Oil Prices Responded Abruptly to Supply Conjecture

Crude Oil

Crude oil fell around USD 5 to a 10-month low on Monday before returning to where it commenced the week.

The wild ride was prompted by a Wall Street Journal article that stated that OPEC+ is considering a rise in production of 500,000 barrels daily at their next week’s gathering. Saudi Arabia later denied the report, and this saw the price roar back toward opening levels.

Although Crude oil experienced wild price swings overnight, it has been relatively stable in Asia today, with the WTI futures contract above US$ 80 bbl while the Brent contract is approaching US$ 88 bbl. Gold managed to reach an uptick, trading above US$ 1,740.

Fractures began to appear in the oil market last Friday when the futures market dipped into contango for the first time since May 2021. Contango indicates underlying supply and demand dynamics within the oil market.

Both episodes of contango saw the market move back into backwardation to end the session on Friday and Monday.

This Post Has 325 Comments

  1. portal informasi online

    I am really impressed with your writing skills and also with the layout on your blog. Is this a paid theme or did you modify it yourself? Anyway keep up the excellent quality writing, it is rare to see a great blog like this one today..

  2. GO88

    Cổng game bài đổi thưởng đại gia Go88 sự lựa chọn đẳng cấp số 1 của dân chơi Việt Nam. Nhà cái Go 88 đẳng cấp từ giao diện, game play đến sự hấp dẫn của các tựa game Go 88 như nổ hũ, tài xỉu. https://madraseclipse.com/

  3. Fitspresso

    Fitspresso is a brand-new natural weight loss aid designed to work on the root cause of excess and unexplained weight gain. The supplement uses an advanced blend of vitamins, minerals, and antioxidants to support healthy weight loss by targeting the fat cells’ circadian rhythm

  4. Is Ultra K9 Pro Safe

    Hey There. I found your blog using msn. This is a really
    well written article. I’ll be sure to bookmark it
    and come back to read more of your useful information. Thanks for the post.
    I’ll certainly return.

    Feel free to visit my blog post: Is Ultra K9 Pro Safe

  5. Fitspresso review

    Fitspresso is a brand-new natural weight loss aid designed to work on the root cause of excess and unexplained weight gain. The supplement uses an advanced blend of vitamins, minerals, and antioxidants to support healthy weight loss by targeting the fat cells’ circadian rhythm

  6. growth matrix

    Hello this is kinda of off topic but I was wondering
    if blogs use WYSIWYG editors or if you have to manually code with HTML.
    I’m starting a blog soon but have no coding know-how so I wanted to get guidance from someone with
    experience. Any help would be greatly appreciated!

    my blog: growth matrix

  7. sugar defender

    sugar defender drops is a potent and effective way to support healthy blood sugar levels throughout the day. As your body adjusts to the ingredients, you’ll notice reduced hunger, increased energy, and improved blood sugar readings.

  8. pronerve 6 ingredients

    Greetings! This is my first visit to your blog! We are a team
    of volunteers and starting a new project in a community in the same niche.
    Your blog provided us valuable information to work on. You have done a
    extraordinary job!

    My page :: pronerve 6 ingredients

  9. soulmate sketch

    Greetings from Florida! I’m bored to death at work so I decided to browse your blog on my iphone during lunch break. I love the info you present here and can’t wait to take a look when I get home. I’m shocked at how fast your blog loaded on my phone .. I’m not even using WIFI, just 3G .. Anyhow, superb site!

  10. prodentim avis

    Hello, Neat post. There is a problem together with your site in internet explorer, may
    test this? IE still is the market leader and a large section of people will pass over your magnificent writing due to this problem.

    Feel free to visit my website; prodentim avis

  11. Dentavim Reviews

    I am curious to find out what blog platform you have been working with? I’m having some minor security problems with my latest website and I would like to find something more risk-free. Do you have any solutions?

  12. Hello! This post could not be written any better!
    Reading through this post reminds me of my old room mate!
    He always kept chatting about this. I will forward this
    post to him. Pretty sure he will have a good read.
    Many thanks for sharing!

    Here is my web blog – lottery defeated software review

  13. I was wondering if you ever considered changing the page layout of your website?

    Its very well written; I love what youve got to say.

    But maybe you could a little more in the way of content
    so people could connect with it better. Youve got an awful lot of text for only having 1 or two images.
    Maybe you could space it out better?

    My homepage; lottery defeated software reviews

  14. Dentavim reviews

    Dentavim is a dietary supplement formulated to support oral health and improve dental hygiene. With increasing awareness of the importance of maintaining good oral health, Dentavim has emerged as a popular choice for individuals seeking to enhance their dental care regimen. This article provides a detailed overview of Dentavim, including its ingredients, benefits, potential side effects, and overall effectiveness.

  15. Dentavim reviews

    Dentavim is a revolutionary dietary supplement designed to promote oral health by addressing two major concerns: teeth’ cleanliness and gums’ health. Unlike typical oral hygiene products that focus solely on surface treatment, Dentavim dives deeper into the issues often caused by environmental factors, especially particulate matter, which can lead to persistent bad breath and stubborn stains. This product contains a proprietary blend of six potent nutrients derived from natural sources to enhance dental hygiene and overall well-being.

  16. Fitspresso reviews

    Fitspresso is a brand-new natural weight loss aid designed to work on the root cause of excess and unexplained weight gain. The supplement uses an advanced blend of vitamins, minerals, and antioxidants to support healthy weight loss by targeting the fat cells’ circadian rhythm.

  17. tonicgreens

    you have a great blog here! would you like to make some invite posts on my blog?

  18. Fitspresso review

    Fit spresso stands as a scientifically validated weight loss formula intricately crafted from potent ingredients, aimed at enhancing the body’s metabolic functions. Tailored to support the circadian rhythm and ignite the fat-burning process, this supplement is conveniently available in edible pill form for daily consumption.

  19. Pronerve 6

    Very superb visual appeal on this website , I’d rate it 10 10.

  20. Java Burn

    Awsome blog! I am loving it!! Will come back again. I am bookmarking your feeds also

  21. Prodentim

    Great ?V I should definitely pronounce, impressed with your web site. I had no trouble navigating through all the tabs as well as related info ended up being truly simple to do to access. I recently found what I hoped for before you know it at all. Reasonably unusual. Is likely to appreciate it for those who add forums or something, website theme . a tones way for your customer to communicate. Nice task..

  22. Tonic Greens

    Thanx for the effort, keep up the good work Great work, I am going to start a small Blog Engine course work using your site I hope you enjoy blogging with the popular BlogEngine.net.Thethoughts you express are really awesome. Hope you will right some more posts.

  23. Fitspresso reviews

    Great – I should definitely pronounce, impressed with your web site. I had no trouble navigating through all tabs as well as related information ended up being truly simple to do to access. I recently found what I hoped for before you know it in the least. Reasonably unusual. Is likely to appreciate it for those who add forums or something, site theme . a tones way for your client to communicate. Nice task.

  24. Sugar Defender

    Very well written post. It will be useful to anyone who usess it, as well as yours truly :). Keep up the good work – for sure i will check out more posts.

  25. The Genius Wave

    I found your weblog web site on google and examine a couple of of your early posts. Continue to keep up the superb operate. I just further up your RSS feed to my MSN Information Reader. In search of forward to studying more from you afterward!…

  26. Kerafen

    I have been browsing online greater than 3 hours as of late, yet I never found any interesting article like yours. It’s pretty worth sufficient for me. Personally, if all web owners and bloggers made good content as you did, the web will likely be much more useful than ever before. “When there is a lack of honor in government, the morals of the whole people are poisoned.” by Herbert Clark Hoover.

  27. Nagano lean body tonic

    I like what you guys are up too. Such intelligent work and reporting! Carry on the superb works guys I?¦ve incorporated you guys to my blogroll. I think it’ll improve the value of my web site 🙂

  28. Fitspresso reviews

    obviously like your web site but you need to check the spelling on several of your posts. Many of them are rife with spelling problems and I find it very troublesome to tell the truth nevertheless I will definitely come back again.

  29. Leanbiome reviews

    I¦ll right away grasp your rss as I can not find your e-mail subscription hyperlink or newsletter service. Do you have any? Please allow me know so that I could subscribe. Thanks.

  30. I don’t even know how I ended up here, but I thought this post was great. I do not know who you are but definitely you are going to a famous blogger if you aren’t already 😉 Cheers!

  31. javaburn reviews

    I’m really impressed with your writing skills as well as with the layout on your weblog. Is this a paid theme or did you customize it yourself? Either way keep up the nice quality writing, it is rare to see a nice blog like this one nowadays..

  32. tonic greens

    I really appreciate this post. I have been looking all over for this! Thank goodness I found it on Bing. You’ve made my day! Thx again

  33. Prostadine

    Good post. I learn something more challenging on different blogs everyday. It’s going to at all times be stimulating to learn content material from other writers and apply a little something from their store. I’d desire to use some with the content material on my blog whether or not you don’t mind. Natually I’ll provide you with a hyperlink on your internet blog. Thanks for sharing.

  34. Tonic Greens Review

    Very nice post. I just stumbled upon your blog and wanted to mention that I’ve really loved surfing around your weblog posts. After all I will be subscribing to your rss feed and I am hoping you write once more soon!

  35. Sight Care

    There is clearly a bunch to realize about this. I assume you made certain nice points in features also.

  36. Martin Lawless

    I just added this website to my rss reader, great stuff Can’t get enough!

  37. tonic greens reviews

    Tonic Greens: An Overview Introducing Tonic Greens, an innovative immune support supplement meticulously crafted with potent antioxidants, essential minerals, and vital vitamins.

  38. Youre so cool! I dont suppose Ive read anything like this before. So good to search out any individual with some unique thoughts on this subject. realy thanks for starting this up. this website is one thing that is needed on the internet, someone with a little bit originality. helpful job for bringing something new to the web!

  39. Prodentim Review

    An attention-grabbing discussion is worth comment. I feel that it is best to write extra on this matter, it won’t be a taboo subject however usually individuals are not enough to speak on such topics. To the next. Cheers

  40. Java Burn

    Real fantastic info can be found on website.

  41. Boostaro

    I wish to point out my love for your kind-heartedness giving support to folks who have the need for guidance on the theme. Your special dedication to passing the message across had been pretty productive and have frequently encouraged folks like me to attain their objectives. Your useful publication denotes this much a person like me and far more to my fellow workers. Regards; from everyone of us.

  42. Tonic Greens Review

    Nice post. I used to be checking continuously this blog and I am inspired! Very helpful info specifically the final phase 🙂 I handle such information much. I used to be seeking this certain info for a very long time. Thanks and best of luck.

  43. tea burn reviews

    What is Tea Burn? Tea Burn is a new market-leading fat-burning supplement with a natural patent formula that can increase both speed and efficiency of metabolism. Combining it with Tea, water, or coffee can help burn calories quickly.

  44. My spouse and I stumbled over here by a different page and thought I might as well check things out. I like what I see so now i am following you. Look forward to going over your web page yet again.

  45. Cerebrozen

    Good info. Lucky me I reach on your website by accident, I bookmarked it.

  46. Javaburn

    Thanks for sharing superb informations. Your web site is so cool. I am impressed by the details that you?¦ve on this blog. It reveals how nicely you understand this subject. Bookmarked this website page, will come back for extra articles. You, my pal, ROCK! I found just the information I already searched everywhere and simply couldn’t come across. What an ideal website.

  47. Fitspresso

    Thankyou for this marvelous post, I am glad I discovered this internet site on yahoo.

  48. Java Burn

    Great awesome issues here. I?¦m very glad to see your article. Thank you a lot and i’m looking ahead to touch you. Will you kindly drop me a e-mail?

  49. FitSpresso

    I’ve recently started a website, the information you provide on this web site has helped me greatly. Thanks for all of your time & work. “Never trust anybody who says ‘trust me.’ Except just this once, of course. – from Steel Beach” by John Varley.

  50. Fitspresso

    Hmm it appears like your website ate my first comment (it was extremely long) so I guess I’ll just sum it up what I had written and say, I’m thoroughly enjoying your blog. I as well am an aspiring blog blogger but I’m still new to everything. Do you have any recommendations for newbie blog writers? I’d genuinely appreciate it.

  51. Quietum Plus

    Hey just wanted to give you a quick heads up and let you know a few of the pictures aren’t loading correctly. I’m not sure why but I think its a linking issue. I’ve tried it in two different web browsers and both show the same results.

  52. Great write-up, I?¦m normal visitor of one?¦s site, maintain up the nice operate, and It is going to be a regular visitor for a lengthy time.

  53. rtp aminototo

    You are my inhalation, I own few web logs and occasionally run out from brand :). “Truth springs from argument amongst friends.” by David Hume.

  54. social media

    Hey! Do you know if they make any plugins to assist with SEO?
    I’m trying to get my blog to rank for some targeted keywords but
    I’m not seeing very good success. If you know of any please share.
    Thank you! You can read similar blog here

  55. Fitspresso reviews

    I am not positive the place you’re getting your information, however great topic. I needs to spend some time finding out much more or figuring out more. Thanks for wonderful information I was on the lookout for this info for my mission.

  56. Fitspresso review

    I’m not sure exactly why but this site is loading extremely slow for me. Is anyone else having this issue or is it a issue on my end? I’ll check back later and see if the problem still exists.

  57. you’re really a good webmaster. The website loading speed is incredible. It seems that you are doing any unique trick. Moreover, The contents are masterpiece. you’ve done a great job on this topic!

  58. Daniele

    I have been browsing on-line more than three hours as of late, yet I by no means found any fascinating article like yours. It is pretty value enough for me. In my view, if all webmasters and bloggers made just right content material as you probably did, the net might be a lot more helpful than ever before!

  59. Glucotrust

    Respect to post author, some wonderful information .

  60. which escape room

    Hey! Do you know if they make any plugins to help with Search Engine Optimization? I’m trying
    to get my site to rank for some targeted keywords but I’m not seeing
    very good gains. If you know of any please share.
    Thanks! You can read similar text here: Best escape rooms

  61. I really like your writing style, superb info, regards for posting :D. “Faith is a continuation of reason.” by William Adams.

  62. I have not checked in here for some time since I thought it was getting boring, but the last few posts are great quality so I guess I will add you back to my everyday bloglist. You deserve it my friend 🙂

  63. Kerassentials

    We’re a gaggle of volunteers and starting a brand new scheme in our community. Your site provided us with helpful information to work on. You have done a formidable process and our entire community can be grateful to you.

  64. java burn reviews

    What Is Java Burn? Java Burn is an herbal weight loss formula that comes in the form of sachets of fine powder.

  65. prostadine review

    hey there and thank you for your information – I’ve definitely picked up something new from right here. I did however expertise some technical points using this web site, since I experienced to reload the website lots of times previous to I could get it to load correctly. I had been wondering if your hosting is OK? Not that I am complaining, but slow loading instances times will very frequently affect your placement in google and can damage your quality score if ads and marketing with Adwords. Anyway I am adding this RSS to my email and can look out for a lot more of your respective intriguing content. Ensure that you update this again very soon..

  66. Thank you for the auspicious writeup. It in fact used to be a leisure account it. Glance complex to far brought agreeable from you! By the way, how can we keep up a correspondence?

  67. I just like the valuable information you supply to your articles. I’ll bookmark your weblog and check once more right here frequently. I am moderately certain I’ll be informed a lot of new stuff right here! Best of luck for the following!

  68. Fitspresso

    I?¦ve recently started a blog, the information you offer on this web site has helped me greatly. Thanks for all of your time & work.

  69. Fitspresso

    Hey there! Someone in my Facebook group shared this website with us so I came to take a look. I’m definitely loving the information. I’m bookmarking and will be tweeting this to my followers! Wonderful blog and great design and style.

  70. puravive reviews

    Puravive is a weight management supplement formulated with a blend of eight exotic nutrients and plant-based ingredients aimed at promoting fat burning.

  71. Nagano Lean Body Tonic: An IntroductionNagano Lean Body Tonic is a dietary supplement designed to help lose unhealthy weight.

  72. Boostaro reviews

    I appreciate, cause I found just what I was looking for. You’ve ended my 4 day long hunt! God Bless you man. Have a great day. Bye

  73. Java Burn

    Howdy! I just want to give an enormous thumbs up for the good data you have got right here on this post. I will likely be coming back to your weblog for extra soon.

  74. I conceive this website holds some very superb information for everyone :D. “Experience is not what happens to you it’s what you do with what happens to you.” by Aldous Huxley.

  75. Do you have a spam problem on this website; I also am a blogger, and I was curious about your situation; many of us have created some nice procedures and we are looking to exchange techniques with others, please shoot me an e-mail if interested.

  76. zoritoler imol

    An fascinating discussion is value comment. I believe that it’s best to write more on this matter, it won’t be a taboo subject but usually people are not enough to talk on such topics. To the next. Cheers

  77. Auto Approve List

    Good day! Do you know if they make any plugins to assist with SEO?
    I’m trying to get my site to rank for some targeted keywords but I’m not seeing very good results.

    If you know of any please share. Kudos! You can read similar article here: Hitman.agency

  78. sklep

    Wow, incredible blog layout! How long have you ever been blogging
    for? you made blogging glance easy. The entire glance
    of your website is excellent, let alone the content material!
    You can see similar here sklep

Leave a Reply

Contact Us

Disclaimer

Forex, Crypto, Options, and Binary Options have both large potential rewards and large potential risks. Therefore, before investing or trading any of the assets, ensure you are aware of and willing to accept the accompanying risks. Do not trade money you cannot afford to lose.

All Rights Reserved. None of the content of this website can be published elsewhere by any means without the prior consent of the owner(s). Please, check our terms & conditions and privacy policy before continuing to use this website.

This website and its owner(s) are not in any way liable for any incurred loss, whether caused by the information provided on this website or otherwise. The use of this website, including the content and information provided, is the user’s sole liability.