Oil prices rise more than 3%! "Double Storm" in the Middle East situation upgraded + Libya suspends exports.

The eastern government of Libya announced today that it has halted all crude oil production and exports. Concerns about disruptions in crude oil supply have soared due to the large-scale attack on Israel announced by Hezbollah yesterday. Brent crude oil touched $81 at one point today, while WTI crude oil rose above $77.

wallstreetcnAug 26 09:23 ET

Divergence is increasing! The surge in oil prices has driven the rise of the three major listed in hong kong institutions, but warnings from institutions indicate limited room for a rebound.

①The international oil prices have risen for three consecutive days in the short term. Why has the divergence in institutions increased instead? ②The H shares of the 'Big Three' oil companies have collectively risen. What are the highlights of the rebound market?

cls.cnAug 26 04:05 ET

How will the announcement of free highway tolls for hydrogen-powered vehicles in many places affect?

Industry insiders say that highway tolls account for about one-third of the total cost of hydrogen commercial heavy trucks. Waiving this fee can significantly reduce vehicle operating costs. From January to June this year, a total of 0.4077 million tons of green hydrogen projects have started, and 906 sets of electrolysis tanks will be tendered in succession. At the same time, the export orders of the electrolysis tanks are rapidly increasing, and the domestic and foreign demand is resonating.

cls.cnAug 16 04:23 ET

Concerns about demand have become the main market tone. Brent crude oil fell to a six-month low at one point, while US oil fell more than 4% during trading hours.

Despite the significant escalation of geopolitical tensions in the Middle East this week, which once briefly pushed up crude oil prices, the concern about economic recession has become the main market sentiment, and investors are worried about the demand for crude oil. Oil prices fell sharply on Friday, falling for four consecutive weeks, marking the longest decline since December last year.

wallstreetcnAug 2 22:57 ET

Wall Street determines: Trump's bearish on oil prices.

Goldman Sachs and Citigroup both believe that Trump's tariff policy may bearish for oil prices. Goldman Sachs said that if tariffs severely affect the global economy, oil prices may fall by $11 to $19 per barrel next year.

wallstreetcnJul 28 19:00 ET

OPEC Monthly Report: Oil supply shortages may occur in the coming months as countries such as Russia have not yet fulfilled their production cuts.

On Wednesday, according to the latest monthly report from OPEC, although Russia significantly reduced its crude oil production in June, the three main OPEC+ members, Russia, Iraq, and Kazakhstan, still supply tens of thousands of barrels per day more than their quotas set earlier this year.

wallstreetcnJul 10 16:30 ET