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Behind the sharp drop in oil prices, jpmorgan's "confusion": where did the sudden emergence of 45 million barrels of oil in the market come from?
JPMorgan believes that global crude oil inventories are underestimated as a key factor. The additional inventories may be stored in underground facilities, causing satellite monitoring companies to be unable to accurately track specific changes. Oil industry authority Ilia Bouchouev stated that when estimating crude oil supply and demand data, investors are like groping in the dark, making it difficult to obtain accurate results.
shengli pipe [01080] now trading at 0.038 Hong Kong dollars, up 18.75%.
As of 13:56, Shengli Pipe [01080] reported 0.038 Hong Kong dollars, up 0.006 Hong Kong dollars or 18.75% from the previous closing price of 0.032 Hong Kong dollars, with a turnover of 0.0059 million Hong Kong dollars. The highest price today is 0.038 Hong Kong dollars, the lowest price is 0.032 Hong Kong dollars. Calculated based on the closing price from yesterday, the 10-day average price is 0.03 Hong Kong dollars, and the 50-day average price is 0.03 Hong Kong dollars. The current P/E ratio is -1.14 times, and the 14-day relative strength index is 56.67.
Petroleum Futures Weaken on Move to Winter-Grade Gasoline -- OPIS
A new round of price adjustment window will open tonight, with 95-octane gasoline possibly rising into the "era of 8 yuan".
Is the domestic oil price going to rise again?
Oil: Geopolitical Tensions Remain at a Boil – TDS
Oil Prices Decline Sharply on a Weekly Basis – Commerzbank
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