The CITIC Construction Investment Research Report pointed out that the restart of US-Iran talks combined the IEA to accelerate the release of reserves, and WTI crude oil prices fluctuated downward. The US-Iran Economic Mediator has resumed negotiations on a proposal to re-open the Strait of Hormuz. The IEA has released about 325 million barrels of oil, and supply constraints are expected to ease. As of October 7, the WTI settlement price was $88.28 per barrel, down 16.58% from the September 15 high. The geographical impact continued, and oil prices may remain fluctuating in the range.
Zhitongcaijing · 2d ago
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The CITIC Construction Investment Research Report pointed out that the restart of US-Iran talks combined the IEA to accelerate the release of reserves, and WTI crude oil prices fluctuated downward. The US-Iran Economic Mediator has resumed negotiations on a proposal to re-open the Strait of Hormuz. The IEA has released about 325 million barrels of oil, and supply constraints are expected to ease. As of October 7, the WTI settlement price was $88.28 per barrel, down 16.58% from the September 15 high. The geographical impact continued, and oil prices may remain fluctuating in the range.
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