Global crude oil prices have been volatile since the third quarter of this year. Recently, uncertainties surrounding Middle Eastern geopolitics, spurred by the collapse of the Syrian government, alongside OPEC+'s decision to postpone its January 2025 production increase to April, have collectively d...

全球原油價格自今年第三季以來持續震盪，近期雖因敘利亞政府倒台推升了中東地緣政治的不確定性，加之OPEC+再次推遲2025年1月的增產計劃至4月，這些因素共同推動WTI和Brent原油價格在幾日內分別上升約2.3%至68.6美元和72.4美元�...

Global oil demand for this year and next has been revised downward for the fourth time by OPEC, according to its report released on November 12. The report states that the OECD has reduced its 2024 global oil demand growth forecast by 107 thousand barrels per day (tb/d) to 1.8 million barrels per...

OPEC+ announced on November 3 an extension of its voluntary production cut of 2.2 million barrels per day for an additional month, resulting in a short-term rebound in oil prices. Recently, due to a global demand slowdown, the three major energy agencies have all downgraded their forecasts for gl...

Crude oil prices have sharply declined, marking the largest single-day drop in nearly two years as Israel’s recent strikes on Iran avoided impacting any oil extraction facilities, thereby reducing the political risk premium associated with the Middle East. Last Saturday, Israel launched airstri...