Oil Futures Likely to Continue Sideways Trade -- Market Talk

Dow Jones

2025/07/16

1248 ET - Oil futures are lower with the market ignoring U.S. threats of sanctions against Russia and pondering the eventual impact of higher OPEC+ production. "A cocktail of easing concerns and seasonal demand dynamics," are behind the recent strength in prices, Fawad Razaqzada of Forex.com says in a note. Fears that U.S. tariffs would hurt energy demand have subsided, while inflation has remained subdued, and the U.S. is entering peak driving season, he says. Meanwhile, OPEC+ by pumping more oil will weigh on the outlook post driving season. "The crude oil outlook is far from bullish, but we continue to expect more sideways chop in the coming weeks." WTI is off 1% at $66.32 a barrel, and Brent is down 0.8% at $68.67. (anthony.harrup@wsj.com)

(END) Dow Jones Newswires

July 15, 2025 12:49 ET (16:49 GMT)

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(anthony.harrup@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 15, 2025 12:49 ET (16:49 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil Futures Likely to Continue Sideways Trade -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil Futures Likely to Continue Sideways Trade -- Market Talk\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-07-16 00:49</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1248 ET - Oil futures are lower with the market ignoring U.S. threats of sanctions against Russia and pondering the eventual impact of higher OPEC+ production. \"A cocktail of easing concerns and seasonal demand dynamics,\" are behind the recent strength in prices, Fawad Razaqzada of Forex.com says in a note. Fears that U.S. tariffs would hurt energy demand have subsided, while inflation has remained subdued, and the U.S. is entering peak driving season, he says. Meanwhile, OPEC+ by pumping more oil will weigh on the outlook post driving season. \"The crude oil outlook is far from bullish, but we continue to expect more sideways chop in the coming weeks.\" WTI is off 1% at $66.32 a barrel, and Brent is down 0.8% at $68.67. (anthony.harrup@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 15, 2025 12:49 ET (16:49 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DUG","symbol_name":"二倍沽空石油與天然氣ETF(ProShares)","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2551199351","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2551199351","pubTimestamp":1752598140,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1248 ET - Oil futures are lower with the market ignoring U.S. threats of sanctions against Russia and pondering the eventual impact of higher OPEC+ production. \"A cocktail of easing concerns and seasonal demand dynamics,\" are behind the recent strength in prices, Fawad Razaqzada of Forex.com says in a note. Fears that U.S. tariffs would hurt energy demand have subsided, while inflation has remained subdued, and the U.S. is entering peak driving season, he says. Meanwhile, OPEC+ by pumping more oil will weigh on the outlook post driving season. \"The crude oil outlook is far from bullish, but we continue to expect more sideways chop in the coming weeks.\" WTI is off 1% at $66.32 a barrel, and Brent is down 0.8% at $68.67. 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Fears that U.S. tariffs would hurt energy demand have subsided, while inflation has remained subdued, and the U.S. is entering peak driving season, he says. Meanwhile, OPEC+ by pumping more oil will weigh on the outlook post driving season. \"The crude oil outlook is far from bullish, but we continue to expect more sideways chop in the coming weeks.\" WTI is off 1% at $66.32 a barrel, and Brent is down 0.8% at $68.67. (anthony.harrup@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  July 15, 2025 12:49 ET (16:49 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"}}}