Crude Oil Tanker
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International
 
-The situation in the Middle East has escalated abruptly. As negotiations have made little progress, US President Donald Trump, growing increasingly frustrated, has ordered the US military to launch multiple rounds of strikes against Iran.
 
-Foreign media reports claim that China has called off this month’s high-level meeting with the European Union amid escalating trade tensions. A spokesperson for the Foreign Ministry stated that China and the EU have maintained communication regarding relevant dialogues.
 
Sectors
 
-The Ministry of Industry and Information Technology and the State Administration for Market Regulation have held interviews and issued reminders to automobile manufacturers suspected of engaging in irrational competition.
 
-The State Administration for Market Regulation, together with the Cyberspace Administration of China and the National Railway Administration, has lawfully summoned seven third-party platform enterprises to standardize the operation of train ticket sales in an all-round way.
 
Industry
 
-OPEC Monthly Report: Global crude oil demand growth is projected at 970,000 barrels per day in 2026, down from the previous forecast of 1.17 million barrels per day.
 
Jun 11 Block Trade Info
 
*Discount
 
-ZU (688549 CH) saw 4 block trades worth 143mn at 28.58yuan per share, 14.09pct discount from last closing.
 
-NOUYA (688519 CH) saw 1 block trade worth 27.22mn at 302.45yuan per share, 4.33pct discount from last closing.
 
*Premium
 
-HUATE GAS (688268 CH) saw 5 block trades worth 16.63mn at 152.54yuan per share, 20.00pct premium from last closing.
 

For more insights, please visit Orient Futures Singapore’s research platform, 
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