The OPEC+ organization recently held a meeting and decided to extend the collective production cut measures until 2025, and also extended some resource production cut agreements until September of this year. OPEC+ refers to a cooperative alliance composed of the 13 member countries of the Organization of the Petroleum Exporting Countries plus other major oil-producing countries led by Russia. In simple terms, it is an alliance of the world's major oil-producing countries.
This news will push up international oil prices. OPEC+ countries control about 40% of the world's oil production, and their production cut agreements will reduce global oil supply, which has an important impact on international oil prices. The rise in oil prices will push up production costs and increase inflationary pressure.
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It seriously affects the recovery of the global economy, and the rise in inflation may force central banks of various countries to extend the interest rate hike cycle, suppressing total demand. Especially the United States will be more likely to continue to raise interest rates. This is essentially a continuous bloodletting for other countries, increasing the burden on most countries in the world.
In fact, China, the United States, and many other countries do not want international oil prices to rise. However, oil-producing countries led by Saudi Arabia hope for strong oil prices for their own national interests. The rise and fall of international oil prices is actually a global game.
To solve the burden of rising oil prices, China has vigorously developed new energy. Therefore, the rise in international oil prices is usually a good news for the photovoltaic industry. When oil prices rise, alternative energy sources, such as solar and wind energy, become more attractive. Enterprises and individuals may seek more economical and sustainable energy solutions, thereby increasing the demand for photovoltaic products.
Long-term high oil prices may accelerate the transformation of the global energy structure and promote more countries and enterprises to adopt clean energy. The photovoltaic industry, as an important part of clean energy, will benefit. The rise in international oil prices is short-term beneficial to the market trend of A-share oil, coal and other plate stocks. In the long run, it is beneficial to the performance growth of the new energy sector.
This is the reason why I am optimistic about new energy and continue to increase my holdings in new energy. It is a global trend for new energy to completely replace oil and coal. The more the international oil prices rise, the more urgent the need for humans to replace traditional energy. Recently, the photovoltaic sector continues to decline, and it is a good time to increase holdings in new energy.
A friend asked: "What kind of people can make money in the A-share market?"
If summarized in one sentence - it is the people who overcome animal instincts. In the long evolutionary process of mankind, animal instincts have provided necessary protective mechanisms for our survival and reproduction. However, in modern society, especially in life planning and investment decisions, over-reliance on these instincts may become an obstacle to our success.Taking my family's kitten and puppy as examples, I have noticed that they always have issues such as being overly sensitive, impulsive, overly dependent, and timid. These animal instincts actually exist in humans as well. In life and investment, many people are overly sensitive to market fluctuations and make buying and selling decisions based on intuitive impulses, lacking the ability to think independently.
Such animal instincts in life and investment only make us ordinary people become "harvested leeks". Those who have made money in life and the stock market have long realized this issue. They can reflect on themselves, understand their psychological changes, and promptly identify when their thoughts and decisions are dominated by animal instincts. When animal instincts emerge, they promptly eliminate them in the bud.
The commonality of animals is not to make long-term plans, but to operate based on intuition. People who are good at stock trading set long-term goals and plans, rather than making decisions based solely on short-term gains and losses and following their instincts. Probability thinking is the basic thinking of wise people in life and investment.
Truly outstanding people in the world will manage and control their emotions. In life and investment, they will not let panic or greed dominate investment and life decisions. In this rapidly changing world, only by continuously learning, adapting, and growing can we transcend the limitations of animal instincts and realize our maximum potential. This is not only a challenge to oneself but also a necessary path to success and satisfaction.
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