Analyst Amrita Sen Sees Oil Prices in $75-$80 Range
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.
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.
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?
Brokerage morning meeting highlights: The Agent application is expected to enter its first year of significant growth in 2025.
At today's Brokerage morning meeting, HTSC proposed that Agent applications are expected to enter a period of significant volume in 2025; Tianfeng stated that in the field of AI Medical, attention should be given to directions related to high-quality data, scarce application scenarios, and multimodal integrated data; Silver Securities believes that the demand for green electricity is expected to see stronger catalysts in 2025.
Oil Prices Hit Multi-Year Lows As OPEC+ Production, Tariffs Weigh On Market
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