Today's Fear and Greed Index has dropped to 39, changing the level from neutral to fear
Today's Fear and Greed Index is at 39, shifting from neutral to fear.
Note: The Fear Index threshold is 0-100, including indicators: Volatility (25%) + Market Volume (25%) + Social Media Heat (15%) + Market Survey (15%) + Bitcoin's Proportion in the Entire Market (10%) + Google Hot Word Analysis (10%).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Saudi Arabia’s oil shipments to Asia surged to nearly 100 million barrels, with Aramco proactively covering transportation and delivering directly to China, India, and Japan-South Korea: Supply shortage expectations meet the reality of correction.
According to reports, since the middle of last week, Saudi Arabia has sold approximately 100 million barrels of crude oil to China, India, Japan, and South Korea, with delivery periods covering October and November. At the same time, Saudi Aramco has made a rare commitment in these transactions to handle logistics and transportation, delivering the crude oil directly to Asian customers. Previously, due to soaring oil prices, Asian refineries had been considering reducing operating rates. This large-scale supply has to some extent mitigated the supply risks faced by Asia.
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