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Pay attention to the progress of the situation in Russia and Ukraine, and the high point of crude oil fell back and closed down collectively
Time of Update: 2023-03-04
News on March 25, the market continued to pay attention to the progress of the situation in Russia and Ukraine, as well as the impact of the new sanctions announced by the United States against Russia, crude oil futures fell from a new high in more than two weeks earlier.
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The U.S. energy secretary said he was discussing with allies to release further crude oil to stabilize the oil market
Time of Update: 2023-03-04
”Members of the International Energy Agency agreed earlier this month to release more than 60 million barrels of oil reserves to cool rising oil prices.
”Members of the International Energy Agency agreed earlier this month to release more than 60 million barrels of oil reserves to cool rising oil prices.
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The EU's discussion of the Russian oil embargo has spurred a sharp rise in international oil prices
Time of Update: 2023-03-04
" ”Analysts at commodities broker Blue Thread Futures said news of possible EU sanctions on Russian energy exports pushed oil prices higher.
" ”Analysts at commodities broker Blue Thread Futures said news of possible EU sanctions on Russian energy exports pushed oil prices higher.
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The oil and gas industry is developing steadily
Time of Update: 2023-03-04
At the Shengli Oilfield Exploration and Development Research Institute, Zhang Chuanbao, the manager of the gas flooding laboratory, has been dealing with carbon dioxide for more than 10 years.
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British media article: The oil market faces three major uncertainties
Time of Update: 2023-03-04
The British "Economist" website published an article entitled "Three uncertainties loom over the oil market" on March 20, and the full excerpt is as follows:Nearly a month after the Russian-Ukrainian conflict led to a spike in oil prices, the oil market, one of the world's most important commodity markets, has been in turmoil and shows little sign of end.
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Caspian oil pipeline exports halted International oil prices rose significantly on March 23
Time of Update: 2023-03-04
gasoline and distillate inventories fell by 826,000 barrels and 626,000 barrels, respectively, last week, while commercial crude inventories in the Cushing region increased by 700,000 barrels month-on-month.
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Caspian oil pipeline closure heightens supply concerns, U.S. oil soars more than 5%
Time of Update: 2023-03-04
Many analysts have repeatedly warned that inventories in the Cushing region of the United States will tighten in the coming months due to limited growth in crude oil production and strong refining and export demand.
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Demand concerns are rekindled! Crude oil tumbled 9%, is OPEC+ willing to increase production significantly?
Time of Update: 2023-03-03
On Monday (March 28), international oil prices fell to a two-week low, while Western countries' sanctions on Russian energy exports continued to impact the supply side, the outside world is paying attention to the impact of a new round of the epidemic on the demand side, and Russia and Ukraine will launch a new round of negotiations also suppressed the risk premium.
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The Bureau of Commerce of Zunyi City, Guizhou Province, announced the change of investment entity of Baizi Gas Station of Guizhou Meijiang Center Petrochemical Co., Ltd
Time of Update: 2023-03-03
Tel:0851-28265706Contact: Zeng Yuhan, Li XinpengPublicity period: April 1, 2022 to April 12, 2022Zunyi Municipal Bureau of CommerceApril 1, 2022In accordance with the relevant provisions of the Administrative Licensing Law and the Detailed Rules for the Implementation of the Administration of the Refined Oil Market in Guizhou Province, after reviewing the change information of the investment entity of the Baizi gas station of Guizhou Meijiang Center Petrochemical Co.
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Supply concerns and falling inventories boost Crude oil futures closed sharply higher
Time of Update: 2023-03-03
Phil Flynn, senior market analyst at The Price Futures Group, said in Wednesday's market report: "Whether or not the Russia-Ukraine peace talks actually make progress, it will not change the fact that the global crude oil market is undersupplied in any case.
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Crude oil bearish is frequent, causing short-term disk pressure
Time of Update: 2023-03-03
Another oil price bearish in recent days is that after a large-scale attack on Saudi oil facilities, Yemen's Houthis announced the start of a unilateral ceasefire.
Another oil price bearish in recent days is that after a large-scale attack on Saudi oil facilities, Yemen's Houthis announced the start of a unilateral ceasefire.
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Russia intends to sell crude oil to India at a sharp discount or settle directly in rubles and rupees
Time of Update: 2023-03-03
According to people familiar with the matter, Russia has offered to supply flagship Urals crude oil at a price discount of up to $35 per barrel relative to the price before the Russian-Ukrainian conflict, in order to attract India to increase purchases.
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Negative supply and demand caused international oil prices to fall sharply
Time of Update: 2023-03-03
According to the plan, OPEC and non-OPEC oil producers will hold a monthly meeting on the 31st to determine crude oil production in May. Pressed by both supply and demand, the price of international crude oil futures fell significantly in the overnight market, and the intraday shock fell lower on the 28th, and international oil prices fell sharply at the close.
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Biden announces the largest release of oil reserves in U.S. history Analysis said the move has had limited impact on domestic refined products
Time of Update: 2023-03-03
The United States released crude oil reserves International crude oil closed lowerThe statement said the United States will make every effort to encourage domestic oil production and release oil from the strategic petroleum reserve as a bridge to increase supply in the coming months.
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Worse! Hedging costs climb or disrupt the oil spot market
Time of Update: 2023-03-03
Several top spot traders have said that the liquidity crisis coupled with limited credit lines is driving up costs, forcing them to reduce trading activity.
Several top spot traders have said that the liquidity crisis coupled with limited credit lines is driving up costs, forcing them to reduce trading activity.
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French fuel prices rose again to re-approach all-time highs
Time of Update: 2023-03-03
1 euro cents per litre of diesel over the past week, near an all-time high.
1 euro cents per litre of diesel over the past week, near an all-time high.
1 euro cents per litre of diesel over the past week, near an all-time high.
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Russia's "ruble settlement order" came into force
Time of Update: 2023-03-03
Russian President Vladimir Putin signed a presidential decree on March 31 on "unfriendly" countries and regions to settle gas trade in rubles, and the new regulations took effect on April 1.
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Two gas stations in Guiyang were ordered to close down for rectification
Time of Update: 2023-03-03
In the past few days, the Department of Commerce of Guizhou Province has carried out secret visits and inspections of safe production "cracking down on illegal violations", and a total of 13 gas stati
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The contradiction between supply and demand of crude oil is still acute
Time of Update: 2023-03-03
Gu Shuangfei, deputy manager of the South China Futures Advisory Service Department, told the Futures Daily reporter that the news of the early increase in oil prices has been loosened to a certain extent: first, Kazakhstan's CPC crude oil terminal has partially resumed exports, second, it is difficult for the EU to reach an agreement on banning Russian crude oil imports, and third, the market has once again exposed that the United States will continue to release strategic inventories.
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Political divisions deepen OPEC abandoned IEA oil data
Time of Update: 2023-03-03
OPEC is considering whether to exclude oil production estimates provided by the International Energy Agency (IEA).
OPEC is considering whether to exclude oil production estimates provided by the International Energy Agency (IEA).
OPEC is considering whether to exclude oil production estimates provided by the International Energy Agency (IEA).
