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Selling of risky assets puts pressure Crude oil futures hit a new low in more than a week
Time of Update: 2023-03-13
News on January 25, the wave of selling of risk assets continued to exert pressure, but the market was supported by escalating tensions in Ukraine and possible supply disruptions by Yemen's Houthi rebels in the United Arab Emirates interception missile attacks, and crude oil futures retreated from seven-year highs to a new low in more than a week.
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In 2021, only two companies, BP and Rosneft, have proven reserves of more than 1 billion barrels
Time of Update: 2023-03-13
Of the resources discovered last year, oil accounted for 36% and natural gas accounted for 64%.
Of the resources discovered last year, oil accounted for 36% and natural gas accounted for 64%.
Of the resources discovered last year, oil accounted for 36% and natural gas accounted for 64%.
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4,000 kilograms of fake lubricating oil were seized, and the market supervision department of Shandong Development Zone destroyed a fake den
Time of Update: 2023-03-13
Law enforcement personnel have seized lubricant raw materials, finished products, packaging and processing tools suspected of trademark infringement in accordance with the law.
Law enforcement personnel have seized lubricant raw materials, finished products, packaging and processing tools suspected of trademark infringement in accordance with the law.
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Oil prices may usher in a hot summer
Time of Update: 2023-03-13
The July holiday travel season will push global fuel use to more than 100 million barrels per day, and the world's reserve capacity will be held almost entirely by Saudi Arabia, the United Arab Emirates and Iraq, and may only be 2.
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International oil prices enter an upward cycle?
Time of Update: 2023-03-13
Goldman Sachs expects OECD oil inventories to reach their lowest level since 2000 by the middle of this year, which will push Brent crude prices "easily to $96 a barrel.
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In 2022, international oil prices will be bullish by many parties
Time of Update: 2023-03-13
The analysis believes that the main driving force for the rise in global oil prices in 2022 is the overall growth of global demand, the production cuts of some countries participating in the OPEC+ agreement, and the high-speed operation of China's industrial production.
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The oil market shows no signs of cooling
Time of Update: 2023-03-13
According to today's oil price website on January 18 According to Bloomberg's latest trading insights, the crude oil market has been in a hot state recently, showing no signs of cooling.
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Geopolitical risks partially weaken the pressure on unexpected inventory growth Crude oil futures closed slightly lower
Time of Update: 2023-03-13
News on January 21, the first rise in domestic crude oil supply in the United States in eight weeks weighed on energy prices, but geopolitical risk concerns offset some of the decline in oil prices, and crude oil futures closed slightly lower, but continued to remain near nearly half a year high.
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Brent crude oil hits $88 Oil prices continue to rise
Time of Update: 2023-03-13
According to the OilNOW website on January 20: On Wednesday (January 19), a fire broke out in the oil pipeline from Iraq to Turkey, temporarily halting oil flow, increasing concerns about the already tight short-term supply outlook, and oil prices rose.
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Hitting a Seven-Year High What is the prospect of rising international oil prices
Time of Update: 2023-03-13
The report released by Goldman Sachs Group believes that the impact of the epidemic on crude oil demand is mild and short-lived, and the market supply gap will be very large, and it is expected that the price of Brent crude oil futures will exceed $100 per barrel in the third quarter of 2022 and rise to $105 per barrel in 2023.
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The prospect of Fed interest rate hikes hit the market, and U.S. crude oil tumbled nearly 4% at one point
Time of Update: 2023-03-13
" ”JPMorgan economists Joseph Lupton and Bruce Kasman wrote in a research note that the latest geopolitical tensions between Russia and Ukraine have increased the risk of a sharp spike in oil prices this quarter.
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U.S. crude rose more than 2% amid concerns about geopolitical risks exacerbating supply constraints
Time of Update: 2023-03-13
Senior Biden administration officials said the United States is in dialogue with major energy producers and companies around the world to understand their willingness and ability to redirect supplies to Europe if necessary if Russia invades Ukraine.
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Heavy! Sinopec shale gas exploration major breakthrough! Discover two more 100 billion gas fields!
Time of Update: 2023-03-13
At the same time, Sinopec's shale gas company in Sichuan is even more boots, with a registered capital of more than 3 billion yuan alone!Jianghan Oilfield discovered 100 billion square meters of shale gas resources in EnshiOn January 18, Sinopec Jianghan Oilfield deployed in the red page 2HF well of shale gas pre-exploration well in Lichuan Hongxing area, Enshi Prefecture, Hubei Province, and has been tested for production for 20 consecutive days, and Nissan shale gas remains stable.
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Market trading focuses on demand outlook Oil prices rebounded from declines
Time of Update: 2023-03-13
West Texas Intermediate crude WTI prices climbed nearly 1 percent in early Asian trading and fell more than 2 percent at Monday's close, when U.
West Texas Intermediate crude WTI prices climbed nearly 1 percent in early Asian trading and fell more than 2 percent at Monday's close, when U.
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Whether the rise in oil prices is a temporary phenomenon or a long-term trend
Time of Update: 2023-03-13
The International Energy Agency recently released a report pointing out that as major oil-producing countries expand production, crude oil production will gradually catch up with demand, supply tightness is expected to ease, and the upward trend of oil prices will also slow down.
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International oil prices stand at a high point Lubricants may usher in a new round of price upward movement
Time of Update: 2023-03-13
Recently, due to the comprehensive impact of the international situation and the epidemic, international crude oil prices have been rising all the way, and on January 18, London Brent crude oil future
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The number of active wells at a five-year high doesn't work, and it remains difficult for Russia to increase production
Time of Update: 2023-03-13
Despite Russia's highest number of active wells since 2017, the country is struggling to resume crude production that has been cut due to the production cut agreement.
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Braskem, a Brazilian petrochemical company, imports propylene to the East Coast of the United States
Time of Update: 2023-03-13
The import is part of Braskem's plan to increase the supply of propylene feedstock at its polypropylene (PP) production facility in Marcus Hook, Pennsylvania.
The import is part of Braskem's plan to increase the supply of propylene feedstock at its polypropylene (PP) production facility in Marcus Hook, Pennsylvania.
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Crude oil inventories increase Oil prices rise
Time of Update: 2023-03-13
S. Energy Information Administration (EIA) reported that crude oil inventories increased by 500,000 barrels in the week ended Jan. 14.
S. Energy Information Administration (EIA) reported that crude oil inventories increased by 500,000 barrels in the week ended Jan. 14.
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Emergencies caused international oil prices to rise slightly
Time of Update: 2023-03-13
Global oil demand remained strong last week (week ended January 21), with the UAE being at risk from the Houthi attack in Yemen and the fire and explosion of a Turkish crude oil pipeline.
