Lates News

date
09/07/2025
What are the main factors influencing the slight rebound in oil prices this week? How should we view the adjustment phase after the rapid decline in oil prices since June 23rd when the volatility of crude oil has significantly narrowed? What is the outlook for the medium to long-term trend of oil prices? He Xiaoqin, a senior researcher at Guotai Junan Futures, believes that the easing of geopolitical tensions, OPEC increasing production, and the lack of strong positive news for oil prices are the main reasons for the current situation. At present, the seasonal peak demand for crude oil is leading to an increase in refinery operating rates. The medium to long-term trend of oil prices is expected to be bearish. (First Financial News)