Julia Fanzeres
Julia Fanzeres is a news reporter at Bloomberg covering the latest oil market news and analysis. She has a strong focus on global energy markets and their impact on the economy. Prior to joining Bloomberg, Julia worked as a financial journalist for various publications, where she reported on topics such as commodities, currencies, and central banking policies.
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The Daily's Verdict
This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.
Bias
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Examples:
No current examples available.
Conflicts of Interest
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Examples:
No current examples available.
Contradictions
85%
Examples:
- Goldman sees a $75 floor for Brent and a $90 ceiling due to higher-than-expected global inventories and the OPEC production decision
- Prices slumped to a four-month low last week after OPEC and its allies left the door open to restoring some output later this year
Deceptions
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Examples:
No current examples available.
Recent Articles
Oil Prices Rebound: EIA Reports Biggest Daily Drawdown of US Crude Stockpiles in 2024, Bringing Inventories to Lowest Level Since February
Broke On: Thursday, 18 July 2024Oil prices rebounded on July 18, 2024, after three consecutive weekly declines in US crude stockpiles. The Energy Information Administration reported a drawdown of 4.87 million barrels last week, bringing inventories to their lowest level since February. OPEC+ extended production cuts and Russia announced output reductions, contributing to the rebound. Despite concerns over weak demand from China, US crude stockpiles have declined by over 20 million barrels in the last three weeks alone. U.S. Crude Oil Prices Surge Past $81: Summer Fuel Demand and China's Economic Data Boost Market
Broke On: Tuesday, 18 June 2024U.S. crude oil prices surpassed $81 per barrel on Tuesday, with Brent reaching $85.33, driven by risk-on sentiment and summer fuel demand expectations. China's retail sales beat forecasts but industrial output and investment disappointed, contributing to the rally. Oil Prices Surge Past $78 and $81 Per Barrel for WTI and Brent Respectively: Goldman Sachs Forecasts Further Rise in Q3
Broke On: Monday, 10 June 2024Oil prices surged over 2% on Monday, reaching $78.13 for WTI and $81.56 for Brent, following news of additional sanctions on Iran's shipping sector. Analysts forecast Brent crude to reach $86 per barrel in Q3 due to strong demand, but caution against OPEC's production phaseout and potential market oversupply.