Express News | The State-owned Assets Supervision and Administration Commission: Promoting central enterprises to deepen their Industry Chain Global Strategy cooperation, leading the repayment of debts owed to private enterprises, and making every effort to stabilize em

BreakingsDec 13 21:01

Saudi Arabia's big move! Lowering all oil prices for Asia in January 2025.

According to the latest news, Saudi Aramco announced a reduction in all oil prices for Asia in January 2025, with the official price of Arab light crude oil reduced by 80 cents per barrel, set at a premium of $0.9 over the average price of Oman/Dubai (previously a premium of $1.7).

Brokers in ChinaDec 9 09:22

It has barely held on by extending production cuts, but how much longer can OPEC+ last?

HSBC believes that if OPEC+ cancels the "extra voluntary" production cut plan as scheduled in March 2026, it will cause the overproduction of crude oil products to expand to 1.2 million barrels per day, further putting downward pressure on oil prices. This means that the situation where global crude oil market supply exceeds demand will continue until 2026, at which time OPEC+ may also have no "room" to cancel the production cut plan.

wallstreetcnDec 8 17:42

Fuel cell energy and hydrogen internal combustion engines are advancing in parallel, with the application of hydrogen energy accelerating on the end-user side due to frequent bullish policies.

① The CA6HV3 hydrogen engine, independently developed by faw jiefang group, has been released as the first domestic heavy-duty commercial vehicle hydrogen engine with direct injection. ② At this stage, many hydrogen internal combustion engine products still have shortcomings such as "low thermal efficiency."

cls.cnDec 6 15:09

OPEC+ plans to postpone the production increase until April next year! International oil prices have declined in the short term.

OPEC+ stated at the meeting that they have agreed in principle to postpone the originally scheduled January production increase plan, and will gradually lift the oil production cuts starting from April 2025 until September 2026. WTI crude oil futures and Brent crude oil futures experienced a short-term plunge.

wallstreetcnDec 5 20:25

Hong Kong stock concept tracking | Multiple regions intensively introduce new policies for the hydrogen energy industry, which will enter a stage of accelerated volume growth (including concept stocks).

On December 4th, Guangzhou City announced several measures to accelerate the high-quality development of the hydrogen energy industry, introducing 18 measures to support the development of the hydrogen energy industry, which include increasing financial support, enhancing hydrogen supply capabilities, supporting the construction of hydrogen refueling stations, supporting the operation of hydrogen refueling stations, supporting vehicle demonstration operations, and implementing green transportation alternatives.

Zhitong FinanceDec 5 07:14