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Oil Rises After Trump Delays Reciprocal Tariffs -- Market Talk
The policies of the Trump administration are constantly changing, and the rising wait-and-see sentiment supports the fluctuation of oil prices within a Range.
This week (February 6 - February 12), Crude Oil Product shows an overall range oscillation trend. The average price of WTI this week is $71.72 per barrel, a decrease of $0.71 per barrel, or -0.97%, compared to the previous week.
Oil Traders to Continue Their Selling Activity – TDS
OPEC Estimates Higher Demand for OPEC+ Crude – ING
IEA Slightly Lifts Oil Demand Outlook, Says Supply Surplus Narrowing
【Brokerage Focus】Jianyin International maintains KUNLUN ENERGY (00135) "Outperform Market" rating, stating that its Henry Hub Natural Gas sales Business will become its core revenue driver.
Jinwu Financial News | Jianyin International's Research Reports indicate that KUNLUN ENERGY (00135) is expected to see a slight increase of 1% in core earnings year-on-year in the 2024 fiscal year, mainly due to improved profits from liquefied natural gas (LNG) processing plants, as well as high single-digit growth in the profits from sales of Henry Hub Natural Gas/liquefied petroleum gas (LPG), which will lead to an increase in net income, sufficient to offset the decline in profits from LNG terminals and oil exploration and production. The institution expects that during this period, natural gas sales volume will achieve high single-digit growth, LNG processing plant output will achieve double-digit growth, oil exploration and production volume will decline in low double digits, and LNG terminal processing volume.