Commodities: U.S. Drilling Slows Further
Source: SeekingAlpha
2025-06-09 05:30:00 ET
By Warren Patterson , Ewa Manthey
Energy - US drilling activity slows
The oil market strengthened over the last week thanks to a variety of global events, with the ICE Brent Aug 25 contract settling almost 5.9% higher. Canadian wildfires provided support, while the market is digesting announced supply hikes for July from OPEC+. The US jobs report for May on Friday also provided a boost. Meanwhile, the US and China are holding their second round of trade talks in London today....
Read the full article on Seeking Alpha
For further details see:
Commodities: U.S. Drilling Slows Further
DB Crude Oil Long Exchange Traded Notes due June 1 2038
NASDAQ: OLOXF
OLOXF Trading
0.0% G/L:
$6.07 Last:
100 Volume:
$6.07 Open:
