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What is Fuel Oil?
Time of Update: 2023-03-24
1. Marine fuel oil is composed of atmospheric pressure heavy oil or pressure residue oil after distillation of crude oil and an appropriate amount of secondary processing diesel components in different proportions.
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OPEC expects to stick to its oil production policy unchanged in December
Time of Update: 2023-03-24
Foreign power October 29 news, before the OPEC meeting next week, the OPEC joint technical committee basically adhered to the forecast of a strong rebound in demand this year and next year.
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U.S. oil prices continued to climb above $84, and U.S. oil supply remained unbalanced
Time of Update: 2023-03-24
The collapse in oil prices forced many producers into bankruptcy, causing the largest short-term decline in oil production in history.
The collapse in oil prices forced many producers into bankruptcy, causing the largest short-term decline in oil production in history.
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API inventories jumped by 3.6 million barrels, and U.S. oil fell more than 1% to the 83 mark
Time of Update: 2023-03-24
The Organization of the Petroleum Exporting Countries and its allies are expected this week to stick to their modest production increases, ignoring calls from oil consumers to step up action to curb soaring oil prices.
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U.S. crude surged 2.5% on the day, and the market did not expect OPEC+ members to increase production further
Time of Update: 2023-03-24
So far, however, the group's policy of gradually increasing oil production by 400,000 barrels per day per month starting in August has not changed for OPEC members and their allies.
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U.S. oil inventories dried up, OPEC+ maintained its original production plan, and international oil prices continued to rise
Time of Update: 2023-03-24
S. crude and refined product inventories and the pre-pandemic five-year average has narrowed slightly since the end of September.
S. crude and refined product inventories and the pre-pandemic five-year average has narrowed slightly since the end of September.
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OPEC+ members resisted faster production increases, and U.S. oil rose slightly to hold near seven-year highs
Time of Update: 2023-03-24
OPEC's October oil production growth was slower than planned in the OPEC+ deal, with involuntary shutdowns by some smaller producers offsetting increased supplies from Saudi Arabia and Iraq, according to a survey released Monday.
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Saudi oil production was rumored to exceed 10 million barrels, and U.S. oil tumbled 3% to a nearly one-month low
Time of Update: 2023-03-24
UBS strategist Giovanni Staunovo said in a note that Brent crude prices are expected to reach $90 per barrel in the coming months, and the market remains undersupplied after OPEC+ decided to maintain a cautious pace of production increases.
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Calculation principles for crude oil production
Time of Update: 2023-03-24
7. The inventory of calculating crude oil production must be tested and meet quality standards.
7. The inventory of calculating crude oil production must be tested and meet quality standards.
7. The inventory of calculating crude oil production must be tested and meet quality standards.
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Oil prices surged 2 percent as OPEC was likely to stick to its original oil production plan
Time of Update: 2023-03-24
S. , led by Saudi Arabia, for OPEC members to increase output, OPEC is likely to stick to its plan to raise oil production by 400,000 barrels per day at Thursday's meeting, according to sources.
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October 2021 China coastal crude oil and refined oil transportation market analysis report
Time of Update: 2023-03-24
On October 29, the freight rate index of refined oil goods released by the Shanghai Shipping Exchange was 1401.
On October 29, the freight rate index of refined oil goods released by the Shanghai Shipping Exchange was 1401.
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The U.S. is weighing options for dealing with high oil prices, slowing its nearly 1 percent rally
Time of Update: 2023-03-24
Energy Secretary Jennifer Granholm said President Joe Biden could make an announcement this week in response to high oil and gasoline prices.
Energy Secretary Jennifer Granholm said President Joe Biden could make an announcement this week in response to high oil and gasoline prices.
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Russian Deputy Prime Minister Alexander Novak: OPEC+ is committed to ensuring stability in the oil market
Time of Update: 2023-03-24
The alliance meets once a month, allowing it to react quickly to market changes and adjust production levels to demand.
The alliance meets once a month, allowing it to react quickly to market changes and adjust production levels to demand.
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What are the landmark events in the improvement of oil and gas geological theory in superimposed basins?
Time of Update: 2023-03-24
Secondly, the National Natural Science Foundation of China and the National Oil and Gas Project have carried out key exploration and research-based research on the marine facies, foreland, lithology-stratigraphy and deep layers of the superimposed basins.
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The calculation method of crude oil production
Time of Update: 2023-03-24
Its calculation formula is as follows:Crude oil production = (ending inventory + sales volume + enterprise self-use - opening inventory) / (1 - loss rate) + international cooperation share of oil and crude oil commodity volume, refers to the current period of production available for sale.
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What is Petroleum Bitumen?
Time of Update: 2023-03-24
Extension indicates the tensile and plasticity of asphalt, and the road asphalt requires the highest extension to ensure that the road surface will not be crushed by vehicles at low temperatures and cracks will occur.
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What is motor gasoline?
Time of Update: 2023-03-24
Motor gasoline refers to the direct distilled gasoline component produced by the atmospheric pressure reducing device, the gasoline component produced by the secondary processing device (such as catal
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Saudi Aramco raises crude oil prices Oil prices rise
Time of Update: 2023-03-24
Oil prices rose on Monday, Saudi Arabia's state-owned oil producer Aramco raised the official selling price of crude oil, suggesting that demand remains strong amid tight supply, according to a report on the hydrocarbon processing website on November 8.
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The White House renewed its call for OPEC to increase crude oil supplies
Time of Update: 2023-03-24
Foreign power news on November 9, the White House on Tuesday once again called on the Organization of the Petroleum Exporting Countries (OPEC) to increase crude oil supply.
OPEC sources said the U.
OPEC sources said the U.
OPEC sources said the U.
OPEC sources said the U.
OPEC sources said the U.
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Fuel demand surge + unexpected drop in inventories, oil price expectations of $100 reappeared
Time of Update: 2023-03-23
On the one hand, the further easing of global economic restrictions and the surge in fuel demand, on the other hand, the unexpected decline in crude oil inventories has kept investors buying on the dips.
