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Home > Latest

ICE diesel futures surged 20% after the closure of the Saudi Ras Tanura refinery.

date
02/03/2026
ICE light diesel futures surged 20%, after Saudi Aramco suspended operations at the Ras Tanura refinery following a drone attack. This is the largest single-day increase since March 2022.
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According to a quick news update from AI, Guotai Junan Securities released a research report on March 2, giving Buke Technology Co., Ltd. (688160.SH) a "buy" rating. The main reasons for the rating include: 1) revenue growth of over 30% by 2025, with non-GAAP net profit growth of nearly 60%; 2) the company is betting on the robotics track, and revenues are expected to continue to grow.
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