Articles

  • 1 week ago | tradingview.com | Frank Tang |Jeff Barber

    NYMEX Overview: Petroleum Contracts Down on OPEC+ Supply and Trade Concerns — OPISCrude oil and refined product futures were lower at midday Thursday on continued concerns about possible additional production by OPEC and its allies and trade tensions. The NYMEX July West Texas Intermediate crude contract was down by about 75cts to $61.10/bbl at about noon ET and the August WTI contract was off by 85cts to $60.35/bbl.

  • 2 weeks ago | marketscreener.com | Frank Tang |Michael Kelly

    Published on 05/21/2025 at 10:56 A slowdown in drilling activities in the Permian Basin, the largest U.S. shale oil production region, should provide some underlying support to the price of crude oil, Goldman Sachs said in its most recent energy note released Monday.

  • 2 weeks ago | marketscreener.com | Frank Tang |Michael Kelly

    Published on 05/20/2025 at 12:44 Crude oil futures traded slightly lower by midday Tuesday, weighed down by easing tensions over attempts to end the Ukraine war and negotiations between U.S. and Iran that would allow Tehran's oil production to return to the global market. At 11:55 a.m. ET, most-active July West Texas Intermediate crude futures were down 40cts to around $61.70/bbl and June WTI was also 40cts lower to $62.30/bbl.

  • 3 weeks ago | tradingview.com | Frank Tang |Jeff Barber

    Nymex Overview: Oil Futures Down After Trump Says U.S. Close to Deal With Iran — OPISOil futures were down by more than $1 in early Thursday afternoon trading after President Trump said the U.S. is close to reaching a nuclear deal with Iran that could allow that country to sell more oil. The more-active NYMEX July West Texas Intermediate contract was down by $1.55 to $61.15/bbl at about 12:10 p.m. ET and the June WTI contract was $1.50 lower at $61.65/bbl.

  • 3 weeks ago | tradingview.com | Frank Tang |Michael Kelly

    Nymex Overview: Oil Eases on OPEC Report, U.S. Stock Build After Four-Day Rally — OPISCrude oil futures fell by midday Wednesday trade after a four-day rally, following data showing higher U.S. crude inventory and a cautious OPEC report. At 11:45 a.m. ET, June NYMEX West Texas Intermediate crude futures were down 60cts at $63.05/bbl and July WTI was off by the same amount at $62.65/bbl.

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Frank Tang
Frank Tang @FrankTangTweets
12 Feb 25

I will start sharing news stories daily on BlueSky Social. Follow me @franktangny.bsky.social

Frank Tang
Frank Tang @FrankTangTweets
8 Mar 24

RT @OPIS: On International Women's Day, we celebrate the trailblazing women of OPIS. Their insights are not just quotes; they're guiding st…

Frank Tang
Frank Tang @FrankTangTweets
4 Feb 24

RT @FIFAWorldCup: 🇺🇸 The #FIFAWorldCup 26 final is headed to New York New Jersey! #WeAre26