【Huatai Securities: Optimistic about the bottom configuration value of high-quality refining companies after oil prices stabilize following a decline】Jin Ten Data, December 26th: Huatai Securities' research report states that, based on an analysis of global supply and demand, considering that the recovery of global macro demand after the US dollar's interest rate cut will take time, it is expected that the average price of Brent crude oil from 2024 to 2026 will be 80/74/75 USD/barrel respectively. With the optimization of supply amid the sluggish refining industry, we focus on the bottom configuration value of high-quality refining companies after oil prices stabilize following a decline. In the long term, under the cost impact of oil-producing countries, there is a bottom support for the oil price center, and high-dividend companies with the ability to increase production and reduce costs will have configuration opportunities. (Source: Jin Ten Data)