Lates News

The research report from CITIC Securities pointed out that with the United States joining in the attack on Iran's nuclear facilities, the situation in the Middle East is expanding further. We expect oil prices to rise significantly in the short term, with oil prices continuing to fluctuate at high levels. We will pay attention to whether conflicts escalate further and the operating conditions of crude oil infrastructure such as ports. In summary, in the short term, Brent crude oil futures prices are expected to break through $80 per barrel and further explore within the range of $70-100 per barrel. If demand falls short of expectations and OPEC+ continues to increase production, the center will gradually shift downward.