Samsung Crude Oil(03175.HK) up 3.42%, global oil demand to rise 180,000 bpd

NewTimeSpace News:As of 13:55 HKT on October 20, 2026, Samsung Crude Oil (03175.HK) traded at HK$12.990, up 3.42%, with turnover of HK$3.0789 million and a turnover rate of 1.06%.

NewTimeSpace has learned that Samsung Crude Oil (03175.HK) is managed by Samsung Asset Management (Hong Kong) and tracks the S&P GSCI Crude Oil Multi-Month Futures Contracts 55/30/15 1M/2M/3M Index (USD) ER. As of 13:55 HKT on October 20, 2026, the ETF had assets of HK$293 million, a net asset value of HK$13.022 per unit and a board lot of 200 units.

OPEC's October Monthly Oil Market Report projected global oil demand to rise 180,000 bpd from 2025 to 105.72 million bpd in 2026, a smaller increase than the 380,000 bpd forecast in September.

Shenwan Hongyuan Securities noted that Brent crude averaged US$91.3 a barrel in the third quarter of 2026, down 5.6% quarter on quarter but up 33.9% year on year; refined product prices were raised, with gasoline and diesel prices up a cumulative RMB835 and RMB805 per tonne, and upstream oil and gas exploration and production earnings are expected to improve markedly year on year while easing slightly quarter on quarter.