Crude Oil Prices Stabilize as Market Pits Geopolitical Tensions and Supply Cut Extensions Against Weak Demand
Clarkson Research: It is initially estimated that the global marine transportation of crude oil trade volume will increase by 2.7% in 2025.
Clarkson Research published a study report stating that the preliminary estimate for the global marine transportation crude oil trade volume is expected to grow by 2.7% in 2025.
UBS Downgrades YPF to Neutral, Raises Price Target to $38
YPF Analyst Ratings
Two news items boost international oil prices, PetroChina's Hong Kong stocks rise over 4%.
① Why did the usa announce sanctions on Iranian oil? ② What effects will OPEC+'s delay in increasing production have on the crude oil product market?
OPEC+ production increase plan may be delayed by three months, and crude oil prices have seen the largest two-week gain in two weeks.
The sanctions on Iran's crude oil product and the expected OPEC+ production agreement are jointly driving up oil prices.