1. Crude Oil Market Dynamics 6/10: U.S.-Iran relations remain unstable, heightening concerns over supply risks, and international oil prices rose. NYMEX WTI crude futures for the July contract settled at USD 90.03/bbl, up USD 1.83/bbl, or +2.07% day-

I. Crude Oil Market Dynamics On June 4, the U.S. released positive signals regarding U.S.-Iran negotiations, easing geopolitical tensions and supply concerns, leading to a decline in international oil prices. NYMEX crude oil futures for July fell by

Last week, driven by optimistic expectations after positive signals from the U.S.-Iran negotiations, international oil prices experienced a “cliff-like” plunge — with Brent crude futures prices falling by more than...11%…setting the worst weekly perf

This week’s international crude oil market can truly be described as “thrilling.” The international crude oil market experienced its sharpest swing in sentiment so far this year — from a plunge at the start of the week driven by expectations of peace

1. Overnight Crude Oil Market Dynamics The market remains optimistic about the prospects for U.S.-Iran negotiations, but concerns have been raised by unresolved details between the two sides, leading to mixed movements in international oil prices. Th

International Headlines Overview: Raw Materials News: Iran Conflict Pushes Japan into “Naphtha Crisis” Medical News - Kenvue partners with Greyparrot to accelerate the transformation of AI technology in medical packaging circularity. Recycling News -

1. Overnight Crude Oil Market Dynamics On 5/20, reports said that the U.S.-Iran talks had made new progress, easing market concerns and pushing international oil prices lower. NYMEX crude oil futures, the rolled July contract, fell by USD 5.89/bbl to

I. Overnight Crude Oil Market Dynamics The U.S. has stated that it prioritizes resolving the Iran issue through diplomatic means but does not rule out the option of new military actions. International oil prices have slightly declined.Crude Oil Futur

1. Overnight Crude Oil Market Updates Market attention to the possibility of a Federal Reserve interest rate hike, combined with weak economic and demand expectations, led to a decline in international oil prices. NYMEXCrude oil futuresThe 06 contrac

Summary: The IEA has issued a new warning: due to the near paralysis of the Strait of Hormuz, the global oil "buffer" is rapidly shrinking at a record rate of 4 million barrels per day, which may lead to further spikes in oil prices. The Internatio

The current crude oil market is showing a startling sense of “suffocation.” The situation in the Middle East is at a critical, hair-trigger stage, yet the prices on the board remain unnervingly calm, as if pinned down and suppressed. This calm does n

I. Overnight Crude Oil Market Dynamics   The rebound of oil prices by over $8 from the day's low says it all. The US-Iran talks have encountered another major setback. The attack on the Iranian side has made it even more difficult for the already

I. Overnight Crude Oil Market Dynamics 5/6: A report suggests that the US and Iran are about to reach a memorandum of understanding to formally end the conflict, causing a sudden easing of geopolitical tensions and a drop in international oil prices.

Trump: Iran’s new proposal is unacceptable; the U.S. will launch an operation to guide stranded vessels out of the Strait of Hormuz. According to CCTV News, on the evening of May 3 local time, US President Trump said in a telephone interview with an

As the US-Iran talks stall, tensions in the Middle East have escalated once again, leading to a significant rise in international oil prices. Facing a sharp decrease in global inventory and the risk of a strait blockade, the market is welcoming an ex

Recently, a major announcement shook the global energy market. On April 28 local time, the UAE officially announced that it would withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and the "OPEC+" mechanism starting from May 1

Yesterday, the UAE announced its withdrawal from OPEC, effective May 1. Although this decision appears sudden amid the current turmoil, viewed over a longer timeframe, it is the inevitable outcome of the UAE’s multi-year “production-increase strategy

Summary: ① The UAE announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and the “OPEC+” framework, effective May 1, 2026—a decision that deals a blow to the oil-producing bloc and its leader, Saudi Arabia. ② The

I. Overnight Crude Oil Market Dynamics April 28: Prospects for U.S.-Iran negotiations remain unclear, with shipping through the Strait of Hormuz continuing to face disruptions, driving international oil prices higher. NYMEX WTI crude futures for June

I. Crude Oil Market Dynamics On April 27, crude oil prices surged sharply. WTI crude oil broke above $96 per barrel, while Brent crude oil surpassed $101 per barrel, both rising over 2% intraday. NYMEX crude oil futures surged sharply in after-hours