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CITIGROUP expects Brent to average $70/bbl in Q4 2026 and $65/bbl in 2027, conditional on a US–Iran agreement and the reopening of the Strait of Hormuz.

2026-07-09

CITIGROUP expects Brent to average $70/bbl in Q4 2026 and $65/bbl in 2027, conditional on a US–Iran agreement and the reopening of the Strait of Hormuz.

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2026-07-08

CPCA secretary-general Cui Dongshu said at a monthly analysis meeting the trend toward larger new-energy vehicles is "extremely bad," wastes resources, and is not checked by the current fiscal and tax framework. He noted petrol automakers historicall

CPCA secretary-general Cui Dongshu said at a monthly analysis meeting the trend toward larger new-energy vehicles is "extremely bad," wastes resources, and is not checked by the current fiscal and tax framework. He noted petrol automakers historically restrained large SUVs via displacement taxes — cars above 2.5L faced a 25% levy — while new-energy vehicles currently receive uniform tax treatment regardless of curb weight or power, which fails to curb upsizing and excessive power. He proposed establishing an economy-car standard to encourage ordinary consumer purchases and using tax and energy-consumption measures to guide and limit vehicle upscaling.
2026-07-08

[Futures Hot Topic Tracking] Indonesia's B50 biodiesel policy may add 4 million tons of palm oil demand and lead to a 2 million ton reduction in Indonesian exports. With surging demand and shrinking exports, can these two positive factors support pri

[Futures Hot Topic Tracking] Indonesia's B50 biodiesel policy may add 4 million tons of palm oil demand and lead to a 2 million ton reduction in Indonesian exports. With surging demand and shrinking exports, can these two positive factors support prices?
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