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The world's largest independent oil trader has announced that it will stop trading Russian crude oil
Time of Update: 2023-03-01
Since the outbreak of the Russia-Ukraine conflict at the end of February, private trading companies such as Vido, Trafigura and Glencore have been loading and selling Russian crude oil cargoes.
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International oil prices returned above $100 to institutional controversy follow-up trend
Time of Update: 2023-03-01
Sui Xiaoying, an analyst at Founder Medium-term Futures, believes that although Russia's energy exports may decline sharply and the market is insufficient, some institutions expect that there may be a large supply gap in the oil market, but from the recent shipping data, after the huge discount in Russian crude oil prices, some Asian countries have significantly increased Russian crude oil imports, and the increase in "eastbound exports" has to a certain extent compensated for the decline in "westbound exports".
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Qingdao in Shandong Province has great potential to strengthen the petrochemical industry
Time of Update: 2023-03-01
Qingdao's petrochemical industry has not changed much over the years, the two refiners crude oil processing capacity is only 15.
Qingdao's petrochemical industry has not changed much over the years, the two refiners crude oil processing capacity is only 15.
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Hope and Hope! After seven consecutive increases, oil prices will meet the first sharp decline this year
Time of Update: 2023-03-01
During the current round of price adjustment cycle, the international crude oil market traded in the bearish factors of short-term oil prices, the anxiety of the new crown pneumonia epidemic, and the release of crude oil reserves by the US Energy Information Administration (EIA) and the imbalance between supply and demand in the crude oil market, and oil prices fell into adjustment, continuing last week's decline.
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Supply concerns and Libyan production disruptions boost crude oil collectively closed higher and New Zealand oil hit a three-week high
Time of Update: 2023-02-28
News on April 19, energy prices were supported by concerns caused by continued tight supply, the long-delayed Russian-Ukrainian war and the production disruption of Libya's largest oil field, and crude oil futures closed higher, New York crude oil hit a three-week high, and Brent crude oil reached a new high this month.
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Beihai City, Guangxi Zhuang Autonomous Region, carried out special rectification actions to renovate "black gas cylinders"
Time of Update: 2023-02-28
In recent days, Beihai City has organized law enforcement forces to carry out special rectification actions for refurbishing "black gas cylinders", promoted the in-depth development of the "iron fist" action in the field of people's livelihood, and strengthened the safety supervision of bottled liquefied petroleum gas.
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International oil prices turned down, subject to weaker Chinese data, and bulls still have two major backers
Time of Update: 2023-02-28
During the European session on Monday (April 18), international oil prices fell back from their high since late March in early trading, negatively impacted by weaker Chinese data, but the Ukraine crisis and the shutdown of Libyan facilities continued to deepen market concerns about tight supply.
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Sinopec Great Wall Lubricants helped Shenzhou 13 return from the stars
Time of Update: 2023-02-28
As the only comprehensive strategic partner of China Aerospace, Sinopec Great Wall Lubricants once again performed with full marks to provide full lubrication support for the Shenzhou 13 spacecraft, and joined hands with China Aerospace to win the final battle of key technology verification of the space station.
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The Market Bureau of Fuxin City, Liaoning Province, has taken measures to crack down on illegal oil quality violations and purify market operation order
Time of Update: 2023-02-28
Since the beginning of this year, the Fuxin Market Bureau of Liaoning Province has actively played the role of market supervision, taken many measures, strengthened supervision, severely cracked down on illegal acts of refined oil quality, protected the legitimate rights and interests of consumers, purified the operating order of the city's refined oil market, and helped fuel the optimization of the business environment, and achieved good results.
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Maoming paraffin production up 56% month-on-month
Time of Update: 2023-02-28
Professional and technical personnel set up a special research group for fully refined paraffin, starting from optimizing crude oil distillation and cutting, refining measures, making precise efforts, screening fully refined paraffin raw materials for special tank collection, and occupying the market with high-quality paraffin products.
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French Finance Minister: France is trying to persuade EU countries to impose an embargo on Russian oil
Time of Update: 2023-02-28
French President Emmanuel Macron has previously advocated restrictions on Russian oil and coal exports to the EU.
French President Emmanuel Macron has previously advocated restrictions on Russian oil and coal exports to the EU.
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Libya's closure of the largest oil field threatens to lead to a supply gap of more than 500,000 barrels!
Time of Update: 2023-02-28
The Sharara field, which produces 500,000 barrels a day, was shut down in the western part of the country after protesters gathered there to demand Dbeibah's ouster, people familiar with the matter said.
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Libya's supply disruption, oil prices may hit a record high, and the Russia-Saudi summit still has no intention of increasing production
Time of Update: 2023-02-28
(NOC) said on Sunday that it announced force majeure at the port of Mellitah in western Libya after "a group of people" halted production at the El Feel field.
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High oil prices band "fire" shale oil and gas bonds
Time of Update: 2023-02-28
S. financial media Advisor Perspectives shows that in the first quarter, the number of bonds issued by global oil, gas and coal companies hit a 10-year low, raising a total of $37.
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Evading consumption tax exceeded 100 billion! There is a lot of catty in the refined oil
Time of Update: 2023-02-28
, the tax-to-price ratio reaches more than 40%, through tax evasion can obtain huge benefits, and the cost of violating the law is low, and then derived from smuggling, disguised smuggling and local refineries to social gas stations and "artesian black" digestion of vicious illegal production and marketing chain.
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Standardize the order of the refined oil market The refined oil market in Xianning City, Hubei Province, "looking back"
Time of Update: 2023-02-28
In a logistics park in Tongshan County, the inspection team found an illegal gas point operating gasoline and diesel, and immediately instructed the county commercial and trade special committee to take the lead, and the relevant law enforcement departments intervened in the investigation and collection of evidence.
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EIA report preview: U.S. crude inventories are expected to increase last week
Time of Update: 2023-02-28
S. crude oil inventories may increase last week, but distillate and gasoline inventories may fall.
S. crude oil inventories may increase last week, but distillate and gasoline inventories may fall.
S. crude oil inventories may increase last week, but distillate and gasoline inventories may fall.
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CNOOC: 2021 business performance hit the best level in history!
Time of Update: 2023-02-28
64 billion yuan, operating performance hit the best level in history, domestic crude oil production increased to a new high, accounting for about 80% of the total increase in the country for two consecutive years, which played an important role in helping the steady growth of the national economy.
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The U.S. government announced the resumption of leasing for oil and gas drilling
Time of Update: 2023-02-28
At the same time, it said it would significantly reduce the area available for lease and charge higher royalties to oil and gas extractors.
At the same time, it said it would significantly reduce the area available for lease and charge higher royalties to oil and gas extractors.
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German Foreign Minister: Germany will completely stop importing oil from Russia by the end of the year
Time of Update: 2023-02-28
German Economy Minister Habeck also believes that by the end of the year, it is possible to "hardly depend" on Russian oil.
German Economy Minister Habeck also believes that by the end of the year, it is possible to "hardly depend" on Russian oil.
