OPEC's crude oil production fell by 200,000 barrels per day to 27.24 million barrels per day in April, mainly due to looming U.S. sanctions on Venezuela, a survey showed.
Gold maintained an upward trend, but historical support levels have been far apart; crude oil has fluctuated too much, and it is not advisable to chase short in a weak position. Click to view...
EIA report: April 4 week U.S. domestic crude oil production decreased by 122,000 barrels to 13.458 million barrels per day.
EIA report: The four-week average supply of U.S. crude oil products was 19.564 million barrels per day, a decrease of 1.93% from the same period last year.
EIA report: U.S. domestic crude oil production increased by 6,000 barrels to 13.58 million barrels per day in the week of March 28.
EIA report: The four-week average supply of U.S. crude oil products was 2009.4 million barrels per day, a decrease of 1.22% from the same period last year.
EIA Short-Term Energy Outlook: U.S. crude oil production is expected to be 13.61 million barrels per day in 2025, compared to previous expectations of 13.59 million barrels per day. U.S. crude oil production is expected to be 13.76 million barrels per day in 2026, compared to previous expectations of 13.73 million barrels per day.
Iran set the price of Iranian light crude oil sold to Asia in March at $4.35 per barrel above the average price in Oman/Dubai.
The technical aspects of the daily external futures varieties are summarized, among which four varieties, including Brent crude oil, have the opportunity to go long.
US API crude oil inventories 3.339 million barrels in the week to February 14, expected to 2.20 million barrels, and the previous value 9.043 million barrels.