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The Han Research Institute predicts that this year's international oil price will average $85.46 per barrel per year
Time of Update: 2023-02-02
46 per barrel, the high price range is an average of $92.
46 per barrel, the high price range is an average of $92.
46 per barrel, the high price range is an average of $92.
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International oil prices rose nearly 3%, and Chinese demand improved, but bulls faced two other risks
Time of Update: 2023-02-02
But crude futures plunged into the new year as traders reassessed the impact of cold weather on energy demand, and fears of a broader global market recession remained, an uncertainty that could send oil prices up and down in the short term.
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It is expected that short-term oil prices will fall or shock recovery The supply and demand pattern of the oil market may improve in the second quarter
Time of Update: 2023-02-02
813 million barrels lower than the previous week; Distillate demand averaged 2.
813 million barrels lower than the previous week; Distillate demand averaged 2.
813 million barrels lower than the previous week; Distillate demand averaged 2.
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"China 6 B" is here! PetroChina Hebei sales fully completed gasoline replacement and upgrading
Time of Update: 2023-02-01
According to the news announced by PetroChina Hebei Sales Branch, as of December 20, 2022, the company has completed the upgrade of oil products at more than 900 gas stations in Hebei, and all PetroChina gas stations in the province can be added to "China VI B (China VI.
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Heating oil demand is expected to weaken Fuel oil is expected to remain weak
Time of Update: 2023-02-01
Risk concern: Crude oil prices rose sharplyHigh and low sulfur fuel oil market reviewFutures market: the price of low and high sulfur fuel oil was mainly sorted out in overnight trading, and the LU2303 contract fell 52 yuan / ton, or 1.
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McCarthy fired as soon as he took office, and the U.S. House of Representatives passed a bill banning the sale of strategic petroleum reserves to China
Time of Update: 2023-02-01
What is even more infuriating is that after McCarthy took office, he immediately achieved pre-election political views, and used the anti-China sentiment of both parties to overwhelmingly approve the establishment of the "Special Committee on Strategic Competition between the United States and China", which is the first time since the 1990s that the House of Representatives has established a "special committee" against China.
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Oil majors earn too much to cause controversy, and many governments are ready to act! The "profiteering tax" is on the string!
Time of Update: 2023-02-01
However, the pressing situation caused the then chancellor of the Exchequer to completely change his position, announcing a £5 billion "windfall profiteering tax" on oil and gas companies to help pay for the plan.
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Improved global economic outlook could boost oil demand Oil prices rose 3 percent to a one-week high on Wednesday
Time of Update: 2023-02-01
Oil prices rose 3 percent to a one-week high on Wednesday as hopes for an improved global economic outlook and anticipatory concerns about the impact of Western sanctions on Russian crude production overshadowed the impact of an unexpectedly large increase in U.
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Bangladesh Oil Corporation plans to increase fuel oil imports by 18.3% in 2023
Time of Update: 2023-02-01
Since July 2022, reduced supply from local gas fields in Bangladesh and the suspension of imports of expensive LNG have squeezed Bangladesh's gas supply capacity.
Since July 2022, reduced supply from local gas fields in Bangladesh and the suspension of imports of expensive LNG have squeezed Bangladesh's gas supply capacity.
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Goldman Sachs lowered its price forecasts for Brent crude oil in the third and fourth quarters to $110/b and $125/b, respectively
Time of Update: 2023-02-01
" The bank lowered its Brent crude price forecasts for the third and fourth quarters to $110/b and $125/b, respectively, compared with $140/b and $130/b previously, and left unchanged at $125/b in 2023.
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WTI broke above the $75 mark, but traders remained cautious
Time of Update: 2023-02-01
7% at midday on Monday after falling 8% last week, driven by the reopening of Asia and a weaker dollar, according to Oil Price Network on January 9.
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International oil prices fall below the $90 mark? Are oil prices finally about to plummet?
Time of Update: 2023-02-01
Since the beginning of this year, the high international oil price has aroused the attention of the entire market, until recently oil prices have shown signs of falling, especially in recent days oil
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Bears dominated crude oil under recession trading, and lower oil prices eased global inflationary pressures
Time of Update: 2023-02-01
Bears began to dominate commodity markets amid recession trading, and as of the evening of August 4, WTI crude had fallen below $90 a barrel for the first time since geopolitical conflict, a far cry from the year's high of $130.
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EIA Monthly Report: Oil prices will fall this year and next due to increased production in the United States and global accumulation
Time of Update: 2023-02-01
Foreign news on January 10, the US Energy Information Administration (EIA) said on Tuesday that crude oil and refined oil prices are expected to fall in 2023 and 2024, as the rise in crude oil production in the United States and other regions offset the decline in Russian production, which will lead to an increase in global crude oil inventories.
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Qingdao Petrochemical: Annual production and sales of low-sulfur ship fuel reached a record high
Time of Update: 2023-02-01
In terms of transformation and development, we will increase the intensity of "oil conversion" and "oil conversion", continuously expand the market promotion, give full play to the advantages of MFP technology, link the advantages of increasing the production of high value-added propylene products and low-sulfur ship-fired green products, dig deep into cost-benefit points, optimize the inventory structure, shorten the process time of key nodes of planning, transportation and processing, and continue to increase the efficiency growth points.
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The cumulative transportation capacity of crude oil pipeline in Yantai Port of Shandong Port exceeded 100 million tons
Time of Update: 2023-02-01
Photo by YMG all-media reporter Tang KeA super-large oil tanker berthed at the 300,000-ton crude oil terminal of Yantai Port in Shandong Port.
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Where do crude oil tankers stand in the oil value chain?
Time of Update: 2023-02-01
Cost structureThe shipowner leases the vessel to the customer for gross income – "freight", and the owner's liability usually covers the entire voyage from the port of loading to the port of discharge.
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International oil prices soared at night Market participants: It is expected that the crude oil price operation center will move down compared with 2022
Time of Update: 2023-02-01
With the continuous increase of stable growth policies and the optimization of epidemic prevention and control policies, China's economic development is expected to improve, and the demand for gasoline, aviation kerosene and other oil products linked to residents' travel is expected to contribute to an ultra-seasonal increase.
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Fuel Oil Monthly Report: Staggering to an end, the future can be expected
Time of Update: 2023-02-01
After the refinery is fully commissioned (expected in February 2023), its low-sulfur fuel oil production is expected to be 10-12 million tons per year, which is close to the time point of European sanctions on Russian refined oil products, and the market is less worried about the supply of low-sulfur fuel oil.
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Analysts: Low-sulfur fuel oil will follow crude oil fluctuations
Time of Update: 2023-02-01
" Zheng Mengqi said that considering that the diesel cracking spread is at a high level, its absolute price still fluctuates with crude oil, and the future market needs to further track the release rhythm of the supply side.
