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Ping An Securities: OPEC+ continues its production cuts, extending supply pressure.
OPEC+ extending production cuts may delay the point of surplus supply and enhance the resilience of oil prices, but it is difficult to change the overall fundamental wide pattern. With OPEC+ gradually resuming production after April 2025, Global Crude Oil Product supply pressure may increase.
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Fran31 : % up is still so small,
1.7B hkd just piece of cake