Hong Kong Stock Concept Tracking | International oil prices hit the largest single-day increase in nearly a year, causing fluctuations in the crude oil industry chain (with concept stocks)

Zhitong
2024.10.04 00:41
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International oil prices rose due to the escalating conflict in the Middle East, with WTI crude oil futures closing up 5.2%, marking the largest single-day increase in nearly a year. Oil prices have risen by 8.1% over the past three days. The IMF warns that the conflict will have a significant impact on the Middle East and the global economy, with GDP in the Gaza region expected to decline by 86%. Analysts predict that Israeli strikes on Iran could reduce oil supply by 1.5 million barrels per day. Related companies include CNOOC, CNPC, and others