[Brokerage Focus] CITIC SEC: Geopolitical tensions continue to drive up oil prices, and this year Brent oil prices are expected to rise slightly.

Jingwu Financial News | CITIC SEC Research Reports state that Trump's energy policy urges Integrated Oil & Gas companies to increase production, but increased production does not equate to falling oil prices. Since 2020, the USA has become a net exporter of oil and gas, with a significant increase in export volume in 2024, and higher production costs supporting a bottom Range of $68–70 per barrel for Brent crude. Trump's sanctions on Iran and Venezuela are gradually unfolding, with frequent disturbances on the supply side. Current oil prices fully anticipate supply increases from OPEC and other Global regions, focusing on changes in demand before and after potential interest rate cuts in the USA. Recently, tensions in the Middle East have intensified, and progress in Russia-Ukraine negotiations has been slow, with geopolitical factors still driving up oil prices.

Jinwu Financial NewsMar 27 20:48 ET

The Hang Seng Index has not broken through in the short term, remaining between the levels of 23,000 and 24,000 points.

The Hong Kong stock market trend and analysis shows that the US stock market fluctuated downwards on Thursday, with tariff news continuing to trouble the market, and all three major Indices recorded declines at the close. The US dollar was generally soft, while the yield on the ten-year US treasury rose to 4.36%, gold prices continued to rise, and oil prices also trended upwards. The pre-market H-shares were generally positive, and it is expected that the market will open moderately higher in the early session. The mainland stock market fell first and then recovered yesterday, with the Shanghai Composite Index opening lower and then stabilizing, closing up 0.2%, and the trading volume in the Shanghai and Shenzhen markets slightly increased. The Hong Kong stock market continues to see a tug-of-war between bulls and bears, with the Index reaching as high as 23,800 points at one point, but the gains narrowed significantly at the close, and overall trading volume remained light. The earnings season is approaching

King Wu Financial NewsMar 27 20:32 ET

Zhitong Hong Kong Stock Buyback Statistics | March 27.

Hong Kong stock buyback Statistics | March 27

Zhitong FinanceMar 26 21:10 ET

Goldman Analyzes Oil Price Volatility Which by Most Measurements Is On Sale -- OPIS

Dow JonesMar 26 17:29 ET

Oil Watcher Expects Crude Prices to Stay Rangebound for Next 6 Months at Least

BNN BloombergMar 26 15:16 ET

Oil Gains on U.S. Inventory Draw, Supply Risks -- Market Talk

WSJMar 26 11:46 ET