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Analysts warn: if OPEC+ cancels production cuts, oil prices may plummet to $40 next year.
Market observers believe that if the oil alliance OPEC+ cancels its existing production cut measures, crude oil prices may plummet significantly. Tom Kloza, Global Energy Analysis Director at oil price reporting agency OPIS, said: "People are more worried about oil prices in 2025 than in any year since 2010 that I can remember." "If OPEC cancels the production cuts without reaching any real agreement on controlling output, prices could drop to $30 or $40 per barrel. Over the years, their market share has indeed shrunk." If prices fall to $40 per barrel, it would mean a decrease compared to the current price.
Eurasian Group: Changchun Eurasia Group Co., Ltd. Report for the third quarter of 2024
Announcement of the main operating data of Changchun Eurasia Group Co., Ltd. for the first to third quarter of 2024
Changchun Eurasia Group Co., Ltd. Report for the Third Quarter of 2024
Changchun Eurasia Group (600697): The growth of purchasing various business formats is fast, exploring innovative new marketing methods.
In the first half of 2024, the company's revenue increased by 0.46% YoY, and net income attributable to the parent company increased by 16.47%. On August 22nd, the company released its 2024 interim report: 1H2024 achieved revenue of 3.654 billion yuan.
Changchun Eurasia Group Co., Ltd. 2024 Interim Report
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