On September 11, Brent crude oil fell to $101 per barrel, down 4.89% for the day. WTI crude oil dropped to $96 per barrel, down 4.51% for the day. (Jin Ten)
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
U.S. and Brent Crude Oil Prices Fall Nearly 5%
-
Wechat scan to share
Recommended for you
-
Zhipu Plans to Place Approximately 21.97 Million H Shares at HKD 714 per Share
Documents show that Zhipu intends to place approximately 21.97 million H shares at a price of HKD 714 per share. (Bloomberg) -
Houthi Forces Claim Saudi Airstrikes on Yemen's Al-Mukha Airport
On September 11, according to reports from the Houthi forces in Yemen, Saudi warplanes conducted at least two airstrikes on Al-Mukha Airport in Yemen on the 11th local time. As of now, there has been no response from the Saudi side. (CCTV News) -
Bridgewater Executive Jensen Warns of AI Out-of-Control Risks, Compares AI Development to COVID-19 Pandemic
On September 11, Greg Jensen, Co-Chief Investment Officer of Bridgewater, one of the world's largest hedge funds, issued a stern warning about the risks and consequences of the AI boom during a program on Friday. 'Unfortunately, this is reminiscent of the situation in February 2020,' Jensen stated, comparing the current development of AI to the initial stages of the COVID-19 pandemic. 'Sadly, historical experience shows that we might not take any action until AI starts causing fatalities. But we will face this situation. It will happen. It would be much better if we could start addressing it before that.' (Bloomberg) -
Houthi Forces Capture More Strategic Locations in the Bab-el-Mandeb Strait
On September 11, Reuters reported, citing two Yemeni government sources, that the Houthi forces have entered the Yemeni town of Zubab, which is adjacent to the Bab-el-Mandeb Strait and faces Perim Island across the water. Controlling Zubab and Perim Island is crucial for dominating the Bab-el-Mandeb Strait. The sources indicated that the Yemeni government forces have withdrawn from Perim Island. -
Houthi Forces to Announce Major Military Operation
On September 11, a spokesperson for the Houthi forces in Yemen stated, "The Houthi forces will announce a major military operation." Earlier, according to AFP, the Houthi forces have completed their control over the Bab-el-Mandeb Strait after seizing a strategic location in the Red Sea. The Bab-el-Mandeb Strait connects the Red Sea to the Gulf of Aden and is a crucial maritime route linking the Indian Ocean, the Suez Canal, and Europe. Approximately 10% of global trade is transported through this waterway. -
OpenAI Launches ChatGPT for Investment Banking
On September 11, OpenAI officially extended its artificial intelligence reach into the core business of Wall Street. On September 10, OpenAI launched a new product specifically tailored for investment bankers and equity researchers—'ChatGPT for Financial Services.' This product was developed in deep collaboration with Morgan Stanley and Evercore, aiming to create a one-stop workflow covering 'data research, financial modeling, and client materials preparation,' sparking discussions in the market about whether junior financial researchers will be replaced. The product is equipped with the latest GPT-6 Astra model and directly integrates high-quality financial datasets from top institutions such as PitchBook, Daloopa, LSEG, and Crunchbase. Users can access data without cumbersome interface configurations and benefit from precise sourcing highlights, avoiding the 'data hallucination' often associated with generative AI. The system supports embedding company-specific Excel, Word, and PowerPoint style guides, can automatically complete complex income statement standardization and valuation analysis, and instantly generate research reports and pitch materials that fully comply with institutional formatting requirements. Although OpenAI officially positions it as a productivity tool to enhance industry efficiency (similar to Excel in its early days), many industry insiders point out that the workload of junior analysts involving basic data extraction, model building, and PowerPoint creation will face significant compression, potentially leading to a profound restructuring of the entry-level job landscape in the industry. -
Brent Crude Oil Drops 4.00% During the Day, Now at $101.92 per Barrel
On September 11, Brent crude oil experienced a significant drop of 4.00% during the day, currently priced at $101.92 per barrel. -
WTI Crude Oil Falls 4.00% to $96.51 per Barrel
On September 11, WTI crude oil experienced a significant drop of 4.00%, currently priced at $96.51 per barrel. -
Key CPI Test Before Fed Meeting at 20:30 Tonight
On September 11, the U.S. Consumer Price Index (CPI) data for August will be released tonight at 20:30. This is the last significant data point before the Federal Reserve's meeting next week, which could directly determine whether the Fed will initiate its first interest rate hike in over three years. The core issue in this report is whether energy and supply shocks have begun to transmit to core inflation. -
IEA: Global Oil Supply-Demand Gap Larger Than Previously Expected This Year
On September 11, the International Energy Agency (IEA) reported in its monthly report that the global oil supply-demand gap this year will be larger than previously anticipated, due to a lack of progress in ending the Iran conflict, which delays the normalization of oil flows from the Middle East until 2027, leading to soaring fuel prices. The IEA projects that global oil demand will decrease by 2.5 million barrels per day in 2026 (previously forecasted as a decrease of 1.6 million barrels per day); it is expected that global oil supply will be 1.74 million barrels per day lower than demand in 2026 (previously forecasted as 1.27 million barrels per day lower). So far, inventories have played a crucial role in balancing the market. With buffers diminishing and the global refining system stretched to its limits, the need to resolve the Middle East conflict and the ongoing Russia-Ukraine war, now in its fifth year, is greater than ever to avoid further tightening of the market.
Daily Must-Read
-
KeyFlow: Connecting UniKey, AI Agents, and the KEY Value System, Turning Intelligent Services from “Being Called” into “Sustainable Flow”
-
The AI Universe Gateway Is About to Open: KeyFlow Official DApp to Launch Global Public Beta and Genesis Registration on July 29
-
The Invisible Bill: Unpacking the Token Amplification Effect
-
ENI Takes the Stage at WebX Japan and Builds a Bridge from Traditional Capital to the Future Economy
-
GWDC 2026 KOREA: The New Asian Paradigm of Web3 & AI Sets to Debut in Seoul on Sept 29-30, Inviting Global Builders to the Ultimate Developer Summit
-
From User Journey to Consumption Loop: Understanding UniKey’s Product Logic and the Three Core Use Cases of KEY
All Comments