Commodity markets have fluctuated collectively due to the recent Iranian helicopter accident, with precious metals prices rising sharply and crude oil markets experiencing anomalies.

The EIA reported crude inventories rose 5.5 million barrels last week, but total gasoline inventories fell 3.1 million barrels, both of which beat analyst expectations.。

Despite escalating Red Sea tensions, Saudi Arabia, the world's largest oil exporter, is likely to cut its premium for all crude grades it sells to Asian countries to its lowest level in a year in February.。

According to media reports, Saudi Aramco said it would invest further in China Despite a drop in second-quarter profits, Saudi Aramco (hereinafter referred to as Saudi Aramco) said in reiterating its massive capital spending plan that it plans to further its investment activities in China.。As the state-owned group seeks to expand its domestic oil and gas production and work to diversify its overseas downstream activities, the company is implementing the largest capital spending program in its history, with capital spending expected to reach between $45 billion and $55 billion this year.。

On August 7, local time, oil giant Saudi Aramco announced its second-quarter results, with its Q2 net profit of $30 billion, down 38% year-on-year。Meanwhile, the company announced it would pay out up to $19.5 billion in dividends to shareholders.。