Hong Kong stock concept tracking | Middle East situation heats up again! Crude oil surged by 3%, how will oil prices perform in the future? (Concept stocks attached)
The Middle East tension is escalating again, leading to abnormal international oil prices.
Crude Oil Surges After OPEC Confirms Delay of Supply Restart
Crude oil analysis at noon: OPEC delays production increase, market closely watches tomorrow......
Due to OPEC+ deciding to delay the supply restoration by a month, Brent crude oil futures prices rose by over $1 per barrel during the early trading session in Asia.
WTI Moves Above $70.00 After OPEC+ Delay in Output Increase, Eyes on US Election
Crude oil prices are in a slump, OPEC+ once again delays the resumption of crude oil supply.
OPEC+ has agreed to delay the December production increase plan by one month, due to fragile economic outlook and continued struggles in oil prices, marking the organization's second delay in reinstating supply plans.
OPEC+ Extends Oil Production Cuts Until the End of December