Preparing for "Trump 2.0"? Hedge funds are increasing their Call on oil prices.
Bull positions in Crude Oil have increased by 41% over the past three weeks, with net long positions reaching the highest level since August of last year. For traders more focused on fundamentals, Trump's tough stance on Iran has made them reluctant to short; Trump's potential tariff policies raise inflation concerns, which has also prompted traders to hedge risks by going long on oil.
The most bullish oil prices in four months! Traders focus on "Trump VS Iran".
Although oversupply puts pressure on the oil market in 2025, investors are still preparing for upside risks, primarily influenced by Trump's stance on Iran after returning to the White House, as well as the ongoing geopolitical risks.
Securing America's Critical Minerals
Express News | United States API Weekly Crude Oil Stock Change for Dec.13 Is -4.7M, Lower Than the Previous Value of 0.499M. The Forecast Was -1.85M.
Intensifying the layout of the energy storage Business, Weidong Electric plans to acquire 51% equity of Zhongmin Guangfu.
① Wu Bo stated that the company plans to add an annual production capacity of 5GWh for energy storage systems, with products primarily used in wind and solar power generation within electrical utility systems. The company's existing partnerships within the electrical utilities sector, including with Goldwind Science& Technology, are advantageous for market expansion; ② As of Q1, the 232kWh commercial and industrial energy storage system, large-capacity grid source measurement and energy storage system, and EMS grid connection energy management system developed by the company have achieved multiple project deliveries.
IEA Monthly Report: Even if OPEC+ delays production increases, there will still be an oversupply of oil next year!
The IEA stated that if OPEC+ implements the production recovery plan starting in April, the Global market will face a surplus of 1.4 million barrels per day. The IEA has raised the forecast for global oil demand growth in 2025 by 90,000 barrels to 1.1 million barrels, mainly due to the economic stimulus measures recently announced by China.
Fran31 : % up is still so small,
1.7B hkd just piece of cake