I. Crude Oil Market Dynamics On October 23, the United States imposed new sanctions on the Russian oil company, increasing market concerns about potential supply risks, leading to a rise in international oil prices. NYMEX crude oil futures for the De

I. Crude Oil Market Dynamics U.S. crude oil futures closed up 3.74% at $59.38 per barrel; Brent crude oil futures rose 3.54% to $63.49 per barrel. U.S. Treasury Secretary Yellen stated that she expects to significantly strengthen sanctions against Ru

Due to the sudden news related to the Russia-Ukraine situation, market risk aversion has significantly diminished. In the overnight trading session, precious metal prices saw a sharp decline, continuing the downward trend in the morning, with the mai

The economic downturn in the Latin American petrochemical industry is worsening. Recently, market analysts from multiple institutions have stated that despite the Southern Hemisphere entering the demand peak season of summer, the Latin American pet

I. Overnight Crude Oil Market Dynamics The pressure brought by U.S. tariff and trade policy is expected to ease, combined with ongoing geopolitical instability, leading to a rise in international oil prices. NYMEXCrude oil futuresThe 11 contract rose

On October 15, local time, U.S. Treasury Secretary Besent stated that approximately 85 senators are prepared to support authorizing President Trump to impose tariffs of up to 500% on China for purchasing Russian oil. Besent said at the pre

Overnight crude oil market dynamics American BusinessCrude oil inventoryContinuous growth for three consecutive weeks, coupled with the prospect of renewed talks between Russia and Ukraine, has led to a decline in international oil prices.Crude oil f

On October 15, 2025, local time, the UK imposed its toughest sanctions on Russia to date, with 90 new sanctions directly targeting the Russian oil sector. The UK claims that the target of this sanction is Russian companies and their global facilitato

1. Crude Oil Market Dynamics On October 15th, concerns about oversupply risks and trade disputes initiated by the United States suppressing demand prospects led to a decline in international oil prices. The NYMEX crude oil futures November contract f

1. Overnight Crude Oil Market Dynamics Weighed down by a dimmed demand outlook, international crude oil prices plunged.WTI Crude OilContinuing to decline, it fell below the $58 mark, ultimately closing down 5.32% at $57.879 per barrel, hitting a new

On October 9 local time, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced a fourth round of sanctions targeting the export of Iranian oil and petrochemical products, imposing sanctions on more than 50 ind

1. Overnight Crude Oil Market Dynamics The Israeli-Palestinian sides have reached a ceasefire agreement, which has eased the instability of the geopolitical situation, leading to a decline in international oil prices.Crude oil futuresFor the November

Market participants anticipate that sanctions against Russia will persist due to the lack of progress on a peace agreement in Ukraine. Meanwhile, data shows an increase in U.S. oil consumption, pushing European and American crude oil futures to nearl

 1. Overnight Crude Oil Market Dynamics On October 8th, the market remained concerned about the supply risks brought about by the instability of the Russia-Ukraine situation, compounded by the continuation of U.S. sanctions on certain oil-producing c

According to foreign media reports, on the evening of October 2 local time, a refinery under Chevron Corporation suddenly exploded and caught fire in El Segundo, near Los Angeles, California. On October 3, international oil prices rose slightly

In September, international crude oil exhibited a volatile trend, and retail prices remained unchanged for two consecutive rounds, with limited guidance from market news for the domestic refined oil market. As we enter the traditional peak demand sea

Lead: ① OPEC+ plans to approve another increase in crude oil production at its meeting on October 5, with an expected increase of at least 137,000 barrels per day to regain market share; ② Since April, OPEC+ has raised production quotas by more than

International News Guide: Raw Material News - Trinseo to Suspend MMA Production in Italy Packaging News - Canadian Company Freshr and Mitsubishi Chemical Sign Joint Development Agreement to Reduce Food Waste with Sustainable Packaging Technology Medi

Macroscopic Overview Overseas: After the September FOMC meeting, the Federal Reserve announced a 25 basis point cut in the federal funds rate, adjusting it to the 4.00%-4.25% range, with the balance sheet reduction plan remaining unchanged, overall i

I. Overnight Crude Oil Market Dynamics The intensity of the Russia-Ukraine conflict has recently increased, raising market concerns about potential supply risks, leading to a rise in international oil prices.Crude oil futuresThe 11th contract for WTI