The final price of the Samsung crude oil futures (03175) rose by over 2% as of the time of writing, increasing by 2.01% to 10.65 Hong Kong dollars with a turnover of 1.13 billion Hong Kong dollars. On the news front, on Tuesday, WTI crude oil and Brent crude oil saw gains during the day, with WTI crude oil surpassing $99 per barrel. Due to the long-term closure of the Strait of Hormuz causing a sharp decrease in inventories, Goldman Sachs has once again raised its oil price forecast. The main reasons for Goldman Sachs' upward revision in oil price forecasts include a decline in production in the Persian Gulf region, delays in the normalization of exports through the Strait of Hormuz, and slow recovery of production capacity. Analysts at JPMorgan also stated that even with the addition of aggressive inventory contributions, there is still a gap of about 2 million barrels per day that needs to be filled in the oil supply-demand balance, and it is only a matter of time before the European and American markets are forced to adjust meaning that oil prices will need to rise further, perhaps significantly, and the market will eventually be forced to clear.