Suspense heightened! OPEC officially announced the postponement of an important meeting, intensifying the battle between production cuts and increases.

The analysis pointed out that although the two meetings of OPEC+ were held online, their importance is very high, as they relate to the organization's oil production plans for the next year, which will have a huge impact on international oil prices and the revenues of member countries.

cls.cn30minutes ago

Struggling to move forward? After changing to an online meeting, the OPEC+ meeting has been postponed.

Representatives claim that the official reason for the postponed meeting is conflicting schedules of the ministers, do you believe it?

Golden10 DataNov 28 16:16

Trump's tariff plan angers many? US oil industry warns: rbob gasoline costs rise exacerbating consumer burden

① President-elect Trump of the usa threatens to impose a 25% tariff on products from Mexico and Canada, causing concerns in the oil rbob gasoline industry; ② U.S. refineries highly rely on crude oil imports. The American Petroleum Institute warns that tariffs will raise refining costs and gasoline prices, exacerbating consumer burden; ③ Analysts believe the likelihood of Trump implementing the tariff plan is small.

cls.cnNov 28 14:07

OPEC+ faces a difficult decision: continue to cut production or face a sharp drop in oil prices?

According to forecasts, even if OPEC+ does not increase production next year, there will still be a large surplus in the oil market. If production cuts are maintained, some member countries may easily become discontented.

Golden10 DataNov 27 20:57

Trump's oil drilling plan leaves OPEC+ in a difficult position.

Trump's aggressive plan to significantly increase usa's oil production poses a "direct threat" to OPEC+'s market share.

Golden10 DataNov 27 09:57

Did no one want CNOOC?

Source: Yaya Hong Kong Stock Circle Author: Chengfeng $cnooc(00883.HK)$ The stock price has peaked and has been falling for almost half a year. Cnooc's main upward wave from 2022 to mid-2024 attracted the attention of many investors. With continuous adjustments in the stock price, although the market still holds a high evaluation of Cnooc, based on the stock price movements, it may seem more like, 'This stock is good, I'll sell it to you.' How should we view Cnooc at present? 1. One of the largest oil companies with the lowest costs Cnooc is China's largest offshore crude oil product and henry hub natural gas supplier, with assets spread across more than forty countries and regions worldwide.

YY HK StocksNov 26 18:15