Julia Fanzeres

New York

Oil Futures Reporter at Bloomberg News

retail reporter at Bloomberg @business | go blue | opinions are my own

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Articles

Oil Slumps as US Confidence Dives

1 month ago | rigzone.com | Julia Fanzeres |Jacob Wendler

Oil slumped along with equity markets as US consumer confidence tumbled, adding to mounting concerns that US President Donald Trump’s policies will hamper economic growth and sap energy demand. West Texas Intermediate fell 2.5% to settle below $69 a barrel at the lowest closing price this year. US consumer confidence dropped the most since 2021 and missed analysts’ estimates, prompting traders to flee risk assets, including equities.
Oil Holds Above $72 Amid Supply Uncertainty

2 months ago | rigzone.com | Julia Fanzeres |Mia Gindis

Oil extended a string of marginal gains to settle above $72 a barrel amid uncertainty over global supplies and a slumping dollar that made commodities priced in the currency more attractive. Crude has risen for three straight sessions on the prospect of supplies tightening after the disruption of a key Kazakh pipeline and reports that OPEC+ may push back a planned production increase.
WTI Tops $72 Amid Crude Supply Concerns

2 months ago | rigzone.com | Julia Fanzeres

Uncertainties about crude supplies from Russia, Kazakhstan and OPEC+ pushed oil prices higher. West Texas Intermediate edged above $72 a barrel, extending gains to the highest closing price in a week. The rally is being driven by a slew of crude supply concerns from across the Atlantic and with a key technical level providing a floor for losses. OPEC+ is considering pushing back its planned output increase due in April, potentially the fourth time it has delayed bringing back production.
Oil Settles Higher as OPEC Weighs Supply Delay

2 months ago | rigzone.com | Julia Fanzeres

Oil snapped a three-session losing streak to settle near $72 a barrel after OPEC+ delegates said the cartel may postpone supply increases set to begin in April. It would be the fourth time the Saudi Arabia-led producer group has delayed plans to revive output. That’s eased worries about a supply surplus developing this year.
EE.UU. prevé un mayor aumento de la producción de petróleo para este año y en 2026

2 months ago | bloomberglinea.com | Julia Fanzeres |Alex Longley

Bloomberg — Estados Unidos prevé mayores superávits de petróleo de lo que había proyectado anteriormente para este año y en 2026, impulsados por el continuo crecimiento de la producción estadounidense y de países no pertenecientes a la OPEP y las proyecciones de que las sanciones probablemente no harán mella en la producción rusa.
Global Oil Glut Seen Expanding on Stronger Production Growth

2 months ago | bnnbloomberg.ca | Julia Fanzeres |Alex Longley

(Bloomberg) -- The US expects bigger oil surpluses than it previously projected for this year and in 2026, driven by continued growth in American and non-OPEC production and projections that sanctions won’t likely dent Russian output. World oil markets are expected to average a surplus of 1 million barrels a day in 2026, the Energy Information Administration said Tuesday, up from the 800,000 barrel-a-day surplus it projected in last month’s report.
Global Oil Glut Seen Expanding on Stronger Production Growth

2 months ago | financialpost.com | Julia Fanzeres |Alex Longley

The US expects bigger oil surpluses than it previously projected for this year and in 2026, driven by continued growth in American and non-OPEC production and projections that sanctions won’t likely dent Russian output. (Bloomberg) — The US expects bigger oil surpluses than it previously projected for this year and in 2026, driven by continued growth in American and non-OPEC production and projections that sanctions won’t likely dent Russian output. We apologize, but this video has failed to load.
EIA Sees Global Oil Glut Expanding on Stronger Output Growth

2 months ago | bloomberg.com | Julia Fanzeres |Alex Longley

The US expects bigger oil surpluses than it previously projected for this year and in 2026, driven by continued growth in American and non-OPEC production and projections that sanctions won’t likely dent Russian output. World oil markets are expected to average a surplus of 1 million barrels a day in 2026, the Energy Information Administration said Tuesday, up from the 800,000 barrel-a-day surplus it projected in last month’s report.
Hedge Funds Boost Bearish Oil Bets as Trade War Threatens Demand

2 months ago | bnnbloomberg.ca | Julia Fanzeres |Jacob Wendler

Hedge funds increased bearish bets against oil by the most in three months on the prospect that dueling tariffs between the U.S. and China would reduce energy demand. Money managers increased their short-only positions on West Texas Intermediate by 15,774 lots to 57,441 lots in the week that ended Feb. 4, the biggest jump since October, according to Commodity Futures Trading Commission data.
Hedge Funds Boost Bearish Oil Bets as Trade War Threatens Demand

2 months ago | bloomberg.com | Julia Fanzeres |Jacob Wendler

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