Oil prices have risen for five consecutive times, Energy stocks lead the rise in U.S. stocks. What is the market anticipating?

The rise in oil prices is mainly due to the market's expectation of the Trump administration's upcoming sanctions against Iran, Venezuela, and Russia, which will lead to a reduction in Global Crude Oil Product supply, causing Energy Stocks to strengthen and become the stocks with the largest increase this week.

wallstreetcnJan 4 18:14

Trump calls on the United Kingdom to "open" the North Sea and dismantle the Generator.

① The elected president of the USA, Trump, posted on his personal Social Media platform Truth Social, urging the United Kingdom to open the "North Sea" and remove the Generator; ② Due to depleting reserves and the Global shift towards Wind Power, oil production in the North Sea has been continuously declining, and oil companies have gradually withdrawn from the North Sea in recent years.

cls.cnJan 3 20:16

Crude Oil Prices Near Two-Month Highs on Positive Market Sentiment Around Policy Support

MT NewswiresJan 3 18:11

WTI Crude Breaks Resistance, Eyes US$80 Next

Business TodayJan 3 15:43

Noon Crude Oil Analysis: USA crude oil inventories have declined for six consecutive weeks, can Brent Crude Oil prices reach new highs?

After the USA's Crude Oil Product inventories fell for the sixth consecutive week, Brent Crude Oil Futures traded in Asia's early session...

Golden10 DataJan 3 12:51

USA's Crude Oil Product inventories continue to decrease, and oil prices are expected to rise for two consecutive weeks.

Due to the decrease in USA Crude Oil Product inventories, prices have increased. Oil prices have broken through the narrow Trade Range they had been in for several months, surpassing a key technical threshold.

Zhitong FinanceJan 3 10:40