The relevant information this week is as follows: 1. Raw material Crude oil: WTI crude oil performance has declined this week. The average price returned to US$75 in the last cycle, and the average price in this cycle is US$76. However,…
The relevant information this week is as follows: 1. Raw material Crude oil: WTI crude oil performed strongly this week. After falling below US$70 in December last year, the cycle average price returned to US$75, and even closed at US$78.01 this…
The relevant information this week is as follows: 1. Raw material Crude oil: WTI crude oil continues to struggle near $70 this week. Recently, Standard Chartered Bank stated that this weak trading situation in the crude oil market is unlikely to…
The relevant information this week is asfollows: 1. Raw material Crude oil: WTI crude oil continues to struggle around $70 this week. On Tuesday, the U.S. Energy InformationAdministration EIA released a forecast that global oil demand is expected to grow by…
The relevant information this week is as follows: 1. Raw material Crude oil: WTI crude oil continues to struggle around US$70 this week, with no hope of returning to US$90. Some analysts have even begun to interpret it politically. For example,…
The relevant information this week is asfollows: 1. Raw material Crude oil: After winning the battle to defend US$70 last week, WTI crude oil once exceeded US$75 this week. However, with the partial recovery of the Red Sea route, oil prices…
The relevant information this week is asfollows: 1. Raw material Crude oil: WTI crude oil initially wonthe battle to defend $70 and has closed at 73.56 this week. Basic analysis believes that it is the weakening of the U.S. dollar and…
The relevant information this week is asfollows: 1. Raw material Crude oil: Brent crude oil and WTI crude oil continue to defend the $70 level. It is worth noting that oil pricesrebounded on Thursday and Friday, and correspondingly, the exchange rate…
The relevant information this week is as follows: 1. Raw material Crude oil: Brent crude oil and WTI crude oil continue to fall, and the battle to defend US$70 has begun. The “voluntary production cuts” of OPEC+ members have obviously not…
The relevant information this week is as follows: 1. Raw material Crude oil: Brent crude oil and WTI crude oil continue to fluctuate at low levels. The OPEC+ production reductiondiscussion on November 30 failed to reach an agreed target. Many OPEC+…