International oil prices have entered a skyrocketing mode! Crude Oil once reached a new five-month high. What investment opportunities are there in Hong Kong and U.S. stocks?
The main driving force behind this round of oil price surge is the USA's new round of sanctions on the Russian energy sector. Additionally, concerns about Trump's tariff policy, the decline in US crude oil inventories, and cold wave weather have also helped oil prices return to an upward trend.
The countdown to Inauguration Day is on! Trump 2.0 may cause waves, how will various Assets perform?
On Monday, January 20th, Eastern Time, the US President-elect Donald Trump and the US Vice President-elect JD Vance will be sworn in, marking the official start of their four-year term. The market is keenly observing how Trump's return to the White House after four years will unfold, along with the new chapter of 'Trump 2.0.'
With strong demand and supply risks, the IEA expects the oil surplus to ease this year.
This year, the level of excess in the global oil market is lower than previously expected.
IEA Trims Oil-Demand Outlook, But Still Expects Stronger Growth This Year
Mizuho Securities Maintains Occidental Petroleum(OXY.US) With Hold Rating, Cuts Target Price to $68
Concerns over sanctions combined with a decline in USA oil inventories have caused US oil prices to rebound, while Brent crude returns to above $80.
After experiencing the largest decline in over a month, oil prices rose slightly due to the continued impact of USA's sanctions on Russian oil exports, and an Industry report indicated a decrease in USA oil inventories.
Barclays Maintains Occidental Petroleum(OXY.US) With Hold Rating, Maintains Target Price $58
Trump will implement significant reforms and introduce an "Energy-dominance" executive order after taking office.
Trump is preparing a series of executive orders, and the policies regarding fossil fuels and electric Autos in the USA will undergo significant changes.
Oil Prices Retreat From Five-Month High Amid Gaza Ceasefire Talks
With Trump's imminent takeover, traders are betting on an increased likelihood of tariffs, causing Metal and oil prices in the USA to soar.
In recent weeks, the prices of metals such as Copper, Silver, and Platinum have diverged between London and New York, while the oil price difference between the USA and Canada has also widened.
U.S. Forecasts Sliding Oil Prices -- Barrons.com
CPI Data, Oil Inventories Take Center Stage Wednesday
J.P. Morgan Maintains Occidental Petroleum(OXY.US) With Hold Rating, Cuts Target Price to $59
Oil Prices Pull Back After Rising to Their Highest Since August on Russia Sanctions
Investors Heavily Search Occidental Petroleum Corporation (OXY): Here Is What You Need to Know
Occidental Petroleum Corporation's (NYSE:OXY) Intrinsic Value Is Potentially 47% Above Its Share Price
Oil Broadly Unchanged as U.S. Sanctions Remain in Focus -- Market Talk
Express News | Occidental Petroleum Corp : JP Morgan Raises Target Price to $59 From $58
Oil Prices Are on a Tear. It's a Short-Term Headache for Inflation
Oil prices have reached a five-month high! Is the power of the 'strictest sanctions' against Russian oil really this significant?
① As the USA government implemented the broadest sanctions so far on Russia's Oil & Gas revenues last week, the rise in oil prices seems to be becoming unstoppable... ② Following a nearly 4% surge last Friday, Brent Crude Oil rose again on Monday by about 1.43%, pushing the settlement price of Brent to over $81, with intraday prices reaching a new high of $81.68 in over five months.