Summary of Futures Night Trading Highlights

Futures Night Market Highlights: Venezuela’s Acting President appoints Oil Minister; First Capital Futures: Geopolitical disturbances impact refinery cuts, PX futures surge to limit up; First Capital Futures: Export prices increase, PET chip futures temporarily hit the daily limit; First Capital Futures: Cost support drives PTA futures to hit the limit up temporarily. U.S. Energy Secretary Granholm stated that releasing the U.S. Strategic Petroleum Reserve in the short term will be done through swaps. Amid tensions in the Middle East, the first oil tanker to pass through the Strait of Hormuz and arrive in India has begun unloading.

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