Search Results for: crude oil

Global Crude Oil Demand Global demand for crude oil has fallen off a cliff, as the coronavirus pandemic spreads in the U.S. and around the world. Image: The Wall Street Journal

WTI Crude Oil Spot Price and Retail Automotive Gasoline U.S. retail gasoline prices are expected to fall, as OPEC+ failed to agree production cuts. Image: Deutsche Bank Global Research

ICE Brent Crude Oil Price and NYMEX Crude Oil Price Oil price plummets, as OPEC+ failed to agree production cuts. Image: The Daily Shot – The Wall Street Journal

DM Real GDP and WTI Crude Oil (Leading Indicator) Chart suggesting that the 18-month rate of change of WTI crude oil (inverted) tends to lead DM real GDP by 18 months. Image: Topdown Charts

U.S. Seaborne Imports of Crude Oil by Origin The United States is also less dependent on foreign oil supply than it was a decade ago. Image: Financial Times

U.S. Trade Balance in Crude Oil and Petroleum Products The United States becomes a net exporter of crude oil and petroleum products. Image: Financial Times

Crude Oil vs. Managed Money Short Positions Chart suggesting that oil could rise, when managed money short positions are so extreme. Image: Ned Davis Research, Stifel

ISM Composite PMI vs. Crude Oil Interesting chart showing that the correlation between the ISM Composite PMI and crude oil is up to 75% since 2015. Image: Lohman Econometrics

Imports of Saudi Arabian Crude Oil In 2018, the U.S. imported $21.9 billion of crude oil from Saudi Arabia. Image: The Washington Post

Global GDP and Brent Crude Oil Price High oil prices can cause recessions. Image: MarketWatch