On January 12th, international crude oil futures rose. The settlement price of the February WTI crude oil futures contract in the United States was $59.50

Over the past few years, member countries of the Organization of the Petroleum Exporting Countries (OPEC) have been striving to maintain their market share amid

A preliminary survey released on Monday, January 12th, showed that US crude oil and distillate inventories were expected to decline last week, while gasoline inventories

On January 12th, the commodity price index BPI was 924 points, up 9 points from yesterday, down 31.20% from the highest point of 1,343 points

Oil prices climbed to their highest level since early December on Monday as the situation in Iran fueled investor concerns over potential supply disruptions from

Macroeconomics 1. [Taxation] The Ministry of Finance and the State Taxation Administration announced that, effective April 1, 2026, the value-added tax (VAT) export rebate for photovoltaic

On January 9, local time, U.S. President Trump held a meeting at the White House with executives from some of the world's largest oil companies.

On January 11th, the commodity price index BPI was 915 points, unchanged from yesterday, a decrease of 31.87% from the highest point of 1,343 points

The global new shipbuilding market cooled significantly in 2025 amid a high-level pullback. China's shipbuilding industry withstood external non-market factors such as the U.S. Section

In 2025, the global commodities market experienced a stark “two extremes” scenario, with divergent performance reaching its peak and breaking the traditional pattern of “rising

Macroeconomics 1. [PPI] National Bureau of Statistics: In December 2025, the national producer price index (PPI) decreased by 1.9% year-on-year, a narrower decline of 0.3 percentage

On January 8th, the commodity price index BPI was 914 points, a decrease of 4 points from yesterday, a decrease of 31.94% from the highest

Weak fundamentals determine the lower limit of oil prices, while the pulse-like increases triggered by geopolitics and sanctions determine the upper limit. If geopolitical factors

In 2025, international crude oil surged at the beginning of the year and then fluctuated downwards throughout the year. The central market has significantly shifted

Macroeconomics 1. [Foreign Exchange Reserves] Central Bank: As of the end of December 2025, my country's foreign exchange reserves amounted to US$3,357.9 billion, an increase of

On January 7th, the commodity price index BPI was 918 points, up 10 points from yesterday, down 31.65% from the highest point of 1,343 points

US Energy Secretary Chris Wright stated on July 7 that the United States plans to maintain control over Venezuela's oil industry, including "indefinitely" regulating the

Macroeconomics 1. [Monetary Policy] The central bank: In 2026, we will continue to implement a moderately loose monetary policy, leveraging the integrated effects of incremental and

On Tuesday, January 6th, data released by the American Petroleum Institute (API) showed that U.S. crude oil inventories decreased last week, while refined product inventories

On January 6th, the commodity price index BPI was 908 points, up 7 points from yesterday, down 32.39% from the highest point of 1,343 points