Trump once again pressures Iran through the Houthis' attacks, causing a short-term spike in international oil prices.

① The President of the USA, Trump, stated that any further attacks or reprisals by the Houthi armed group will be met with strong retaliation, and the USA will also hold Iran accountable for any future attacks by the Houthi armed group; ② As a result of this news, international oil prices surged in the short term, and Trump has reimposed "maximum pressure" on Iran, aiming to reduce Iran's oil exports.

cls.cnMar 17 13:04 ET

IEA monthly report: Trade conflicts weaken oil demand, while OPEC+ increases supply.

The IEA stated that this year, Global oil supply could exceed demand by about 0.6 million barrels per day, and last week's OPEC+ decision to start increasing oil supply might add another surplus of 0.4 million barrels per day. The IEA has lowered its forecast for Global oil demand growth in 2025 to 1.03 million barrels per day and warned that trade conflicts could further worsen the market outlook.

wallstreetcnMar 13 09:41 ET

International oil prices have plummeted to a three-year low! Read this article to understand what exactly has happened in the oil market.

① Last week, the international benchmark Brent Crude Oil Product Futures price suddenly broke a months-long silence, reaching its lowest point in three years. ② Currently, many oil price traders are grappling with the question: what exactly happened in the international oil market? Will this round of plunge deepen further?

cls.cnMar 9 22:41 ET

Are Global Henry Hub Natural Gas prices about to rise? A significant increase in import volume is anticipated for Europe's summer procurement.

① Europe is experiencing a cold wave this year, coupled with the cessation of Henry Hub Natural Gas transit through Ukraine, leading to a drop in the region's natural gas inventory to 37%, far below the 60% of the previous two years; ② It is estimated that Europe needs to import an additional 250 batches of liquefied natural gas to replenish inventories to 90% before November; ③ On the other hand, the International Energy Agency warns that the liquefied natural gas market will continue to be tight this year, which will strongly support natural gas prices.

cls.cnMar 7 03:36 ET

Oil Prices Hit Multi-Year Lows As OPEC+ Production, Tariffs Weigh On Market

BenzingaMar 6 10:44 ET

Trump's pressure was effective, OPEC+ unexpectedly decided to start increasing oil supply, leading to a sharp decline in oil prices.

OPEC+, led by Saudi Arabia and Russia, will increase daily production by 0.138 million barrels in April. This is the first step in a gradual increase plan spanning several months, aimed at gradually restoring Crude Oil Product output. OPEC+ issued a statement confirming the decision to start increasing oil supply, and OPEC+ may decide to suspend or reverse this decision based on market conditions.

wallstreetcnMar 3 14:12 ET