Amidst persistent tensions in the Middle East, shipping traffic through the Strait of Hormuz—a vital artery for global crude oil transport—has been disrupted. This has

Macroeconomics 1. [Power] National Energy Administration: As of the end of April, the nation's cumulative installed power generation capacity stood at approximately 3.99 billion kilowatts, representing

On May 25, international crude oil futures suffered a sharp decline. The settlement price for the July contract of U.S. WTI crude oil futures stood

According to CCTV News, an Iranian delegation led by Mohammad Bagher Ghalibaf, Speaker of the Islamic Consultative Assembly of Iran, traveled to Doha—the capital of

On Monday, May 25th, the global oil market faced its most severe supply disruption in history, with the Southeast Asian region being particularly hard hit.

State oil company Petróleo Brasileiro S.A. said on Friday that Brazilian refineries are operating at levels close to or even above their designed capacity in

Macroeconomics 1. [MLF] The People's Bank of China (PBOC) released an announcement regarding its May Medium-term Lending Facility (MLF) tender. To maintain ample liquidity within the

Recent newss by CCTV reveal that since the beginning of 2026, over 90% of new global orders for Very Large Crude Carriers (VLCCs) have flowed

Macroeconomics 1. [US PMI] The U.S. S&P Global Composite PMI Output Index for May stood at 51.7, unchanged from April; however, the overall pace of economic

On May 21, the Bulk Commodity Price Index (BPI) stood at 1,086 points, an increase of 2 points from the previous day. This represents a

I. Market Performance Weakens Significantly; Energy Sector Undergoes Collective Correction On May 20, international crude oil prices experienced a sharp decline; the benchmark futures contracts for

Macroeconomics 1. [Direct Green Power Connection] The National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) have issued a *Notice on Matters Concerning

On May 20, the Commodity Price Index (BPI) stood at 1,084 points, marking an increase of 1 point from the previous day. This figure represents

According to Sina Finance, oil prices tumbled immediately after President Trump stated that the U.S. has entered the "final stage" of addressing the Iran issue.

Wang Guanhua, a deputy director of the National Bureau of Statistics' Department of Comprehensive Economic Statistics, said at a news conference held by the State

Macroeconomics 1. [Electricity Consumption] National Energy Administration: In April, total electricity consumption across society reached 820.5 billion kWh, a year-on-year increase of 6.0%. Breaking down consumption

On May 19, the Bulk Commodity Price Index (BPI) stood at 1,083 points, a decrease of 4 points from the previous day. This represents a

An expanded survey released on Tuesday indicates that U.S. inventories of crude oil and refined products are expected to have declined last week. On average,

Macroeconomics 1. [Bank Foreign Exchange Settlement and Sales] According to statistical data from the State Administration of Foreign Exchange (SAFE), in April 2026, banks settled foreign

According to the latest data from the National Bureau of Statistics, the growth rate of China's crude oil production accelerated in April. In April, crude