Around The Barrel – Crude Oil and Gasoline Traders Outlook for 2024

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #69459
    Truman
    Participant

    Shipping giant Maersk resumed operations in the Red Sea after a recent pause while Hapag-Lloyd will continue using a longer shipping route for at least a few more days.
    Offshore driller Seadrill has been boosted by news of a new $1.1 bln contract with Petrobras.

    The market continues to weigh geopolitical worries after Israel reportedly pledged to continue fighting until Hamas is defeated.
    Houthi rebels attacked a MSC United VIII container ship on Tuesday, according to Bloomberg

    WTI crude oil futures are down after bouncing yesterday.
    Crude Oil Futures 74.93 -0.64 -0.85%
    Brent Crude Futures 80.31 -0.54 -0.67%
    Unleaded Gasoline Futures 2.1825 0.0101 0.46%

    Natural Gas Futures 2.671 0.121 4.75%

    Bloomberg Commodity Index 100.19 0.28 0.28%

    #69299
    TradersCom
    Keymaster

    Despite all the fear and gloom and geopolitical tinderboxes burning in the Middle East and Russia Crude oil closed 2023 down over 10% lower for its fi
    [See the full post at: Around The Barrel – Crude Oil and Gasoline Traders Outlook for 2024]

Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.