The Shanghai Securities News learned that Jiang Yang, a member of the National Committee of the Chinese People's Political Consultative Conference and former vice chairman of the China Securities Regu...
Crude oil
At present, the market pays more attention to the continuity of China's inventory replenishment, which is a big question. We think there are three reasons that will restrict Chin...
Crude oil
The EIA released inventory data yesterday, which is basically consistent with API data. National inventories have declined, and Cushing’s inventory has fallen sharply. This is basicall...
Crude oil
API crude oil inventories fell. After the crude oil market is quickly rebalanced, the main contradictions in the current oil market are concentrated on the refinery and refined oil sid...
Crude oil
Due to the unexpected decline in supply, oil prices continued to rebound, and the discount of spot and monthly difference of crude oil continued to strengthen, suggesting that the spo...
Crude oil
In the latest monthly reports released by the three major organizations, the supply of non-OPEC has been substantially revised down. However, for demand, EIA and OPEC continued to unde...
(1) trading volume and OI
Graph 1: Huatai-PB CSI 300 ETF Option Volume and Position (lots)
Graph 2: Harvest CSI 300 ETF Option Volume and Position (lots)
Gra...
Crude oil
The recent reduction in supply in the oil market exceeded expectations. In OPEC+, the implementation of production cuts has been faster. The crude oil exports of core oil-producing cou...
Crude oil
EIA released inventory data yesterday, crude oil inventories unexpectedly declined, far exceeding market expectations and API data announced the day before yesterday, but oil pri...
Note: from one law office
On 7 May 2020, the People’s Bank of China (“PBOC”) and the State Administration of Foreign Exchange (“SAFE”) issued the Provisions on the Administration of Fun...
Crude oil
Yesterday, Saudi Arabia announced that it will cut production by an additional 1 million barrels per day from June, and its exports may be less than 6 million barrels per day. We belie...
Crude oil
The plunge in freight rates promoted a rebound in oil prices, but the follow-up momentum was limited. In this round of oil price rebound, the plunge in freight rates may be an easily o...