• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
JPMorgan Chase confirmed that US President Trumps statement that he did not offer CEO Jamie Dimon the position of Federal Reserve Chairman was true.Gaza Situation: 1. Israel issued an ultimatum to Hamas: disarm within two months. 2. Canadian Prime Minister Carney has received an invitation from US President Trump to join the Gaza Peace Committee, and he plans to accept the invitation. 3. The Israeli Prime Ministers Office: The US decision to declare the Gaza Executive Committee subordinate to the Peace Committee was made without coordination with Israel and contradicts Israeli policy. Israel will raise this issue with the US Secretary of State. Iran Situation: 1. Iranian Armed Forces Chief of Staff: Hostile forces are distorting the facts through the media. 2. Iranian Supreme Leader Khamenei: We will not drag the country into war, but we will not let criminals, both domestic and foreign, go unpunished. 3. Text messaging in Iran was restored on the evening of the 16th local time; internet connections will be gradually restored in stages. 4. Iranian Supreme Leader Khamenei stated that the US instigated and orchestrated the unrest in Iran, and Trump is guilty. Other: 1. US-led coalition warplanes flew over the conflict zone in northern Syria, dropping warning flares. 2. The Syrian Democratic Forces (SDF) announced their withdrawal from the "contact zone" in Aleppo province. 3. The Syrian government forces claimed control of two oil fields in the north. 4. The U.S. Central Command urged the Syrian army to cease its offensive operations between Aleppo and Tabqa in northern Syria. 5. The Iraqi Ministry of Defense announced that U.S. troops had withdrawn from the Ain al-Asad Air Base in Iraq, and Iraqi forces had taken full control.On January 18th, Carsten Brzeski, Global Head of Macro at ING, stated that European countries should not react hastily to Trumps tariff threats. Brzeski said, "Ignore them and wait and see. Europe has already indicated it wont accept everything, so tariffs are actually a step forward compared to the threat of military invasion."1. my countrys annual electricity consumption exceeds 10 trillion kilowatt-hours for the first time. 2. The launch of the Shijian-32 satellite failed. 3. The maiden flight test of the Ceres-2 privately-owned commercial launch vehicle failed. 4. Galactic Energy responded to the Ceres-2 maiden flight failure: They are making every effort to find the cause of the malfunction. 5. US Commerce Secretary: South Korean companies will face 100% chip tariffs if they do not increase investment in the US. 6. According to the Financial Times: Nvidia suppliers have suspended production of key components for the H200 chip. 7. Industry insiders: The price surge in memory chips may continue until 2026. 8. Musk: The AI5 chip design is nearing completion; AI6 is still in its early stages. 9. Musk: The Colossus 2 supercomputer is now operational. This is the worlds first gigawatt-class training cluster and will be upgraded to 1.5 gigawatts in April. 10. NASA will transport the SLS rocket to the launch pad to make a manned lunar flyby mission before April. 11. Carrot Run launches today, commencing Abu Dhabis largest fully automated commercial operation. 12. Micron Technology plans to acquire Powerchip Technologys P5 plant in Tongluo Park. 13. my countrys first tandem high-energy hydrogen ion implanter successfully produces a beam.US President Trump stated that he never offered the position of Federal Reserve Chairman to JPMorgan Chase CEO Jamie Dimon.

WTI Price Analysis: Testing the $80 level versus the broad USD

Daniel Rogers

Apr 11, 2023 14:20

 截屏2023-01-13 下午5.17.06.png

 

On Monday, crude oil prices are lower as a risk-averse sentiment underpins the U.S. dollar. The price of the black gold is a few cents above its intraday low of $79.71 per barrel and is approaching the range's bottom.

 

Early in April, the Organization of the Oil Exporting Countries and Allies (OPEC+) astonished market participants by announcing a 1.16 million-barrel-per-day reduction in their oil output, which pushed West Texas Intermediate (WTI) approximately 5.5% higher on April 3 and left a $4 void. Since the announcement, WTI has been consolidating between $79 and $81.80, unable to find fresh directionality.

 

Higher energy prices have contributed to inflation's meteoric rise, and OPEC+'s decision came as a complete surprise, reigniting concerns not only about price pressure but also about economic growth.