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Express News | CNOOC Limited Successfully Withstands Super Typhoon "Yagi"
Crude-Oil Futures End Week With Small Gains -- Market Talk
Macquarie: The global oil market is expected to face "severe oversupply" by 2025.
According to the McKinsey supply and demand equilibrium forecast, the oil market will face a serious supply surplus in the next five quarters, triggering a situation similar to a 'price war', and oil prices may fall to around $50 per barrel.
Oil on Track for Weekly Gains After Global Benchmark's Dip Below $70 a Barrel
Northern funds trend|Northern funds net buy 0.239 billion yuan, domestic investors continue to increase their holdings of alibaba (09988), with a total of over 16.4 billion Hong Kong dollars accumulated this week.
On September 13, the Hong Kong stock market saw a net buy of HKD 0.239 billion by northbound funds, with a net sell of HKD 0.622 billion through the Shanghai-Hong Kong Stock Connect and a net buy of HKD 0.861 billion through the Shenzhen-Hong Kong Stock Connect.
Demand expectations suffer another blow, WTI falls to a new low for the year.
This week (9.5-9.11), the overall crude oil price showed a downward trend. The average price of WTI this week is $67.72 per barrel, a decrease of $4.53 per barrel, or -6.27% compared to the previous week.
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