Crude Futures Pick Up After Selloff -- Market Talk

Dow Jones

03/06

1003 ET - Oil futures are a bit higher after a four-session rout carried them to six-month lows on prospects of higher OPEC+ output, tariff concerns and a large build in U.S. crude stocks. "Still, crude oil storage remains well below the five-year averages and OPEC may be slow to raise production given the latest selloff in prices," Dennis Kissler of BOK Financial says in a note. And while moves are afoot for a meeting between President Trump and Russia's Vladimir Putin, a peace deal to end the Russia-Ukraine war "could be many months away," he adds. WTI is up 0.6% at $66.72 a barrel, and Brent is up 0.4% at $69.57 a barrel. (anthony.harrup@wsj.com)

(END) Dow Jones Newswires

March 06, 2025 10:03 ET (15:03 GMT)

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And while moves are afoot for a meeting between President Trump and Russia's Vladimir Putin, a peace deal to end the Russia-Ukraine war \"could be many months away,\" he adds. WTI is up 0.6% at $66.72 a barrel, and Brent is up 0.4% at $69.57 a barrel. 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And while moves are afoot for a meeting between President Trump and Russia's Vladimir Putin, a peace deal to end the Russia-Ukraine war \"could be many months away,\" he adds. WTI is up 0.6% at $66.72 a barrel, and Brent is up 0.4% at $69.57 a barrel. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"DDG":"ProShares做空石油与天然气ETF","DUG":"二倍做空石油与天然气ETF(ProShares)","DWT":"三倍做空原油ETN","BK4585":"ETF&股票定投概念","BK4570":"地缘局势概念股","SCO":"二倍做空彭博原油指数ETF","UCO":"二倍做多彭博原油ETF","USO":"美国原油ETF","BK4588":"碎股"},"translate_title":"原油期货在抛售后回升——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DDG":0.6,"BZmain":0.6,"DUG":0.6,"QMmain":0.6,"USO":0.6,"DWT":0.6,"UCO":0.6,"CLmain":0.74,"SCO":0.6},"content_text":"1003 ET - Oil futures are a bit higher after a four-session rout carried them to six-month lows on prospects of higher OPEC+ output, tariff concerns and a large build in U.S. crude stocks. \"Still, crude oil storage remains well below the five-year averages and OPEC may be slow to raise production given the latest selloff in prices,\" Dennis Kissler of BOK Financial says in a note. And while moves are afoot for a meeting between President Trump and Russia's Vladimir Putin, a peace deal to end the Russia-Ukraine war \"could be many months away,\" he adds. WTI is up 0.6% at $66.72 a barrel, and Brent is up 0.4% at $69.57 a barrel. (anthony.harrup@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  March 06, 2025 10:03 ET (15:03 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}