Bank of America Securities published a research report and raised the Brent futures price forecast for the second half of this year and next year, from 76 and 70 US dollars per barrel to 83 and 75 US dollars to reflect continued supply disruptions, and it is expected that transportation flow in the Strait of Hormuz will gradually improve next year. In terms of coal prices, the Bank of America raised the price forecasts for 5,500 kcal of spot thermal coal and Liulin No. 4 coal in Qinhuangdao this year to 800 and 1,800 yuan per ton. The original forecast was 750 and 1,600 yuan. The bank's preferred oil company was CNPC. The target price was raised from HK$11 to HK$11.5, with a “buy” rating; the preferred coal company was Yankuang Energy, and the target price was raised from HK$15 to HK$16, with a rating of “buy”.

Bank of America Securities published a research report and raised the Brent futures price forecast for the second half of this year and next year, from 76 and 70 US dollars per barrel to 83 and 75 US dollars to reflect continued supply disruptions, and it is expected that transportation flow in the Strait of Hormuz will gradually improve next year. In terms of coal prices, the Bank of America raised the price forecasts for 5,500 kcal of spot thermal coal and Liulin No. 4 coal in Qinhuangdao this year to 800 and 1,800 yuan per ton. The original forecast was 750 and 1,600 yuan. The bank's preferred oil company was CNPC. The target price was raised from HK$11 to HK$11.5, with a “buy” rating; the preferred coal company was Yankuang Energy, and the target price was raised from HK$15 to HK$16, with a rating of “buy”.