Trump is planning a large-scale oil sanctions program while suppressing the three countries of Russia, Iran, and Venezuela.
Global oil prices may face drastic changes, as traders are adjusting their positions during the last moments before Trump's inauguration.
CICC: The results of the half-year review of the Hang Seng Index will be announced next month, with NIO and POP MART expected to be included in the index.
Due to significant changes typically seen during the semi-annual review, and the large scale of passive funds tracking flagship indices (according to Statistics from both Bloomberg and Wind, the ETF sizes tracking the Hang Seng Index, the National Enterprises Index, and the Hang Seng TECH Index are approximately 27.53 billion USD, 5.41 billion USD, and 18.66 billion USD respectively), potential changes in constituent stocks and the corresponding Capital Trend deserve careful attention.
It is reported that Trump plans to impose sanctions on Russia, Iran, and Venezuela, which may lead to a significant change in Global oil prices.
According to informed sources, advisors to the USA's elected president Trump are formulating a comprehensive sanctions plan to encourage Russia and Ukraine to reach a diplomatic agreement in the coming months while also applying pressure on Iran and Venezuela.
In the rising trend of Crude Oil Product, hedge funds are accelerating their exit from American Energy stocks!
Despite the increase in Crude Oil Product prices last week, hedge funds have experienced the largest decline in net long positions on US Energy stocks in more than eight years.
The spot premium for Crude Oil Product in the Middle East has risen to its highest level in over two years. Can the strong demand from China and India continue to support prices?
The spot premium for Crude Oil Product in the Middle East has risen to its highest level in over two years, driven by strong demand from major importing countries China and India to replace sanctioned supplies.
OPEC Monthly Report: OPEC expects oil demand to steadily increase by 2026.
OPEC predicts that driven by India and China, oil demand will continue to grow steadily for another year. In the next two years, Global oil consumption is expected to grow "strongly" by 1.4 million barrels per day. Theoretically, this forecast will provide room for Saudi Arabia and its OPEC+ partners to restore about 2 million barrels per day of offline production capacity in the coming two years.