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Oil and commodities bouncing back because Powell and and Fed have no choice but to pivot dovish. $xle #oott #opec $spx
Risk back on. Even more long oil. #oott $xle $uso https://t.co/OMlA6p0f0T
Long oil. #oott $xle $uso #opec https://t.co/dCtLenbhWV
The United States OPEC crude oil production for various countries like Algeria, Nigeria, and Saudi Arabia remained stable as per expectations. The API and EIA reported fluctuations in crude oil, gasoline, and distillate inventories, with EIA showing a significant increase in crude oil inventories. The EIA also reported changes in refinery crude runs and heating oil stockpiles.