On April 29, the Bulk Commodity Price Index (BPI) stood at 1,077 points, an increase of 3 points from the previous day. This represents a

WTI crude oil futures settled 6.95% higher—up $6.95—at $106.88 per barrel. Brent crude oil futures settled 6.08% higher—up $6.77—at $118.03 per barrel. The report highlights a

On Tuesday, April 28, the international crude oil futures market closed higher across the board. Concerns over supply shortages triggered by geopolitical tensions served as

On 28 April, the UAE officially announced its withdrawal from OPEC and OPEC+ with effect from 1 May. This decision instantly sent shockwaves through global

Against the backdrop of the ongoing tense situation in the Middle East and the failure of the second round of negotiations between the United States

Macroeconomics 1. [Economic Work] On April 28, the Political Bureau of the CPC Central Committee convened a meeting to analyze and review the current economic situation

On Tuesday, April 28, data released by the American Petroleum Institute (API) showed that U.S. crude oil inventories declined for the second consecutive week, while

On April 28, the Bulk Commodity Price Index (BPI) stood at 1,074 points, a decrease of 1 point from the previous day. This represents a

UAE Minister of Energy Suhail Al Mazrouei stated in a media interview on the 28th that the UAE’s decision to withdraw from the Organization of

On the evening of April 28th, China National Offshore Oil Corporation (hereinafter referred to as "China National Offshore Oil Corporation") disclosed its first-quarter report for

The United Arab Emirates has announced that it will formally withdraw from OPEC and the OPEC+ alliance on May 1, with no room for negotiation.

Macroeconomics 1. [Compute-Power Synergy] The National Energy Administration will formulate and implement the "15th Five-Year Plan" for the construction of a new-type power system. This plan

According to Sina Finance, developments in US-Iran negotiations remain fluid. As reported by Xinhua News Agency, citing The Wall Street Journal on the 21st, a

On April 27, the Commodity Price Index (BPI) stood at 1,075 points, an increase of 1 point from the previous day. This represents a decline

April 27 (Monday) — Preliminary survey results released on Monday indicate that U.S. crude oil inventories likely increased last week, while stocks of distillates and

Macroeconomics 1. [Industrial Enterprise Profits] National Bureau of Statistics: From January to March, industrial enterprises above a designated size nationwide realized total profits of 1,696.04 billion

On April 21, international crude oil futures rose. The settlement price for the June contract of U.S. WTI crude oil futures stood at $89.67 per

On Sunday, April 26, driven by declining production in the Middle East, Goldman Sachs raised its fourth-quarter price forecast for Brent crude to $90 per

With recent geopolitical tensions in the Middle East continuing to escalate, the Strait of Hormuz has been closed once again following a brief reopening. This

On April 23, the Commodity Price Index (BPI) stood at 1,077 points, a decrease of 6 points from the previous day. This represents a decline