Recently, the convergence of global extreme weather and geopolitical turbulence has been continuously reshaping the energy market landscape. Consequently, the plastics industry, which is closely tied to energy, is facing an unprecedented dual impact.

Overnight Crude Oil Market Dynamics 1/23: The United States plans to strengthen sanctions on the oil sectors of some countries, increasing concerns about potential supply risks and leading to a rise in international oil prices. NYMEX crude oil futur

International News Highlights: Material News - Breaking! U.S. Imposes Tariffs on Multiple Chinese Products, Rates Up to 1069.27% Additives News - Henkel to Acquire ATP Adhesive Systems, a Swiss Leader in High-performance Water-based Specialty Tapes E

I. Overnight Crude Oil Market Dynamics January 20: International oil prices rose as some oil fields in Kazakhstan temporarily ceased production due to power grid disruptions, compounded by lingering geopolitical instability. NYMEX crude oil futures f

Overnight Crude Oil Market Dynamics International oil prices rose as geopolitical instability persists, coupled with bargain hunting by some traders. NYMEXCrude oil futures WTI crude oil futures for February delivery rose by $0.25 per barrel to $59.

一、隔夜原油市场动态 1/15:伊朗局势出现暂时缓和迹象，叠加市场预计委内瑞拉原油供应量未来将增长，国际油价下跌。NYMEX原油期货02合约59.19跌2.83美元/桶，环比-4.56%；ICE布油期货03合约63.76跌2.76美元/桶，环比-4.15%。中国INE原油期货2603合约涨2.7至452.4元/桶，夜盘跌10.6至441.8元/桶。 后市观点 周四油价暴跌超4%，看涨情绪就像泡沫一样迅速消退。 美国总统特朗普暂缓对伊朗抗议事件采取的军事行动让市场紧张情绪松了下来，油价则大幅下挫

I. Overnight Crude Oil Market Dynamics The instability of the situation in Iran has not been completely eliminated, potential supply risks persist, and international oil prices are rising. NYMEXCrude oil futuresFebruary contract at 61.15, up by $1.65

I. Background of the Event: At the end of 2025, nationwide economic protests broke out in Iran due to rising prices and currency devaluation, leading to riots in many places and causing casualties. U.S. President Trump repeatedly threatened publicly

International News Highlights: Raw Material News - $950 Million! SABIC Sells European and American Plastics Business Automotive News - World's First! Autoliv and Tensor Partner to Develop Collapsible Steering Wheel for Autonomous Driving Packaging Ne

Honeywell recently launched a groundbreaking technology—Biocrude Upgrading, a biomass pyrolysis oil upgrading process. This technology can convert agricultural and forestry waste into ready-to-use renewable fuels, meeting the emission reduction deman

1. Overnight crude oil market dynamics Geopolitical situations such as those between Russia and Ukraine, and Israel and Iran remain uncertain, with short-term potential supply risks continuing, leading to an increase in international oil prices. The

According to sources close to the White House who spoke to CNBC on Wednesday,Venezuela's oil sales to the United States will continue indefinitely, and the U.S. sanctions against the country will be eased.Moreover, reports indicate,The U.S. European

The Minister of Energy of Beijing declared that they will control Venezuela's oil sales "indefinitely." U.S. Energy Secretary Chris Wright declared on the 7th that the United States will control Venezuelan oil sales "indefinitely." Wright made

According to CCTV News, on January 6th local time, U.S. President Trump announced that the interim government of Venezuela would transfer 30 to 50 million barrels of oil to the United States. This oil will be sold at market price, and the proceeds wi

Analysts told CNBC that Trump's move to overthrow Maduro in the oil-rich Venezuela is unlikely to impact the energy market in the short term. Arne Lohmann Rasmussen, chief analyst and research director at A/S Global Risk Management, stated that altho

I. Crude Oil Market Dynamics Due to the balance between concerns over oversupply and geopolitical risks, international crude oil is fluctuating at a low level.WTI Crude OilDuring the session, it once fell more than 1%, eventually closing down 0.21% a

The capture of Venezuelan President Maduro, the "oil treasure land," by the United States has reignited discussions about the global oil market situation: if Venezuela's oil industry begins to operate "normally" under U.S. influence, will it lead to

On January 3, 2026, the situation in Venezuela suddenly escalated. According to multiple reports, the United States intervened militarily to facilitate a change in the Maduro regime and announced that it would continue to maintain comprehensive sanct

In the early hours of January 3rd, Eastern Time, the United States launched a military operation against Venezuela, raiding the capital Caracas and capturing Venezuelan President Maduro and his wife, plunging the local political situation into chaos.

[Macroeconomic Section] In December 2025, both domestic and international macroeconomic conditions are characterized by "weak domestic demand, intensified external pressure, and policy support." Domestically, downward economic pressure has become mor