On August 3, international crude oil futures suffered a sharp decline. The settlement price for the September contract of U.S. WTI crude oil futures closed

Oil prices fell as both the U.S. and Iran signaled talks regarding the resumption of shipping through the Strait of Hormuz, boosting market expectations for

After threatening to strike Iran "hard" and declaring that US "guns were locked and loaded," US President Trump abruptly changed course on August 1, calling

Macroeconomics 1. [PMI] Data from the National Bureau of Statistics shows that in July, the manufacturing Purchasing Managers' Index (PMI) stood at 49.2%, down 1.1 percentage

On July 30, international crude oil futures closed lower. The settlement price for the September contract of U.S. WTI crude oil futures was $83.59 per

Macroeconomics 1. [Fed Interest Rates] The Federal Reserve announced that the Federal Open Market Committee (FOMC) agreed to maintain the target range for the federal funds

On July 29, EIA data showed that for the week ending July 24, U.S. commercial crude oil inventories fell by 7.167 million barrels to 404.508

Crude oil throughput via the Strait of Hormuz has yet to return to normal levels, yet international crude prices have not surged as dramatically as

Macroeconomics 1. [Energy Land Tax] The Ministry of Finance and the State Taxation Administration have adjusted the urban land use tax policy for enterprises in certain

On July 28, international crude oil futures fell sharply. The settlement price for the September contract of U.S. WTI crude oil was $79.26 per barrel,

Oil prices recorded their worst three-day performance in over six years, driven by growing signs of easing tensions in the Middle East as both the

On Monday, July 27, the market's previously accumulated panic regarding extreme supply disruptions rapidly dissipated due to the mutual suspension of hostilities between the U.S.

Macroeconomics 1. [Electricity] National Energy Administration: In June 2026, the national volume of electricity traded in the market reached 627.5 billion kWh, a year-on-year increase of

On Monday, July 27, the market's previously accumulated panic regarding extreme supply disruptions rapidly dissipated due to the mutual suspension of hostilities between the U.S.

Oil prices recorded their largest drop in more than three months as supply concerns regarding the Middle East and the Black Sea eased. Copper prices

On Friday, July 24, renewed hopes for the resumption of US-Iran talks caused a rapid cooling of previously accumulated geopolitical panic. International crude oil prices

Macroeconomics 1. [MLF] The People's Bank of China will conduct a Medium-term Lending Facility (MLF) operation worth 500 billion RMB on July 24. Wind data shows

On July 23, international crude oil futures rose sharply. The settlement price for the September contract of U.S. WTI crude oil futures closed at $92.19

International crude oil prices have surged, driven by persistent tensions in the Middle East and disruptions to key maritime shipping routes. During trading on the

In the first half of the year, the petrochemical market was primarily driven by geopolitical conflicts in the Middle East. Disruptions to shipping in the