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The fuel oil company is the world's first intelligent unmanned system research mother ship "Zhuhai Yun" sea trial to supply fuel
Time of Update: 2023-02-01
Recently, fuel oil company in Guangzhou Changzhou Island is the world's first intelligent unmanned system mother ship "Zhuhai Yun" sea trial refueling 103 tons of light marine fuel oil, providing strong impetus for China's first marine fully intelligent scientific expedition.
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Foreign media: The United States and its allies are preparing a new round of sanctions against Russian oil
Time of Update: 2023-02-01
According to the Wall Street Journal on Thursday (January 12), the United States and its allies are preparing for the next round of sanctions against the Russian oil industry, aiming to set a sales price cap for Russian exports of refined products, expanding existing sanctions.
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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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Oil prices fell below $90 to enter a technical bear market, is there a possibility of reflexivity?
Time of Update: 2023-02-01
In the first week of August, international oil prices fell sharply, of which WTI crude oil fell below the $90 mark, a decline of more than 10%, crude oil began to lead the commodity market, and the do
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The rise in crude oil prices has pushed up performance, and "three barrels of oil" have started a new energy journey
Time of Update: 2023-02-01
Upstream performance increased significantlySpecific to the "three barrels of oil", in the first three quarters of 2022, the performance of the upstream sector of PetroChina, Sinopec and CNOOC achieved substantial growth year-on-year.
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The market maintains optimistic expectations International oil prices rose on January 10
Time of Update: 2023-02-01
S. Energy Information Administration report estimates that global average liquid fuel production is expected to increase from 100 million barrels per day in 2022 to 102.
S. Energy Information Administration report estimates that global average liquid fuel production is expected to increase from 100 million barrels per day in 2022 to 102.
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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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The relationship between supply and demand in the international crude oil market has entered a readjustment
Time of Update: 2023-02-01
With the continuous optimization of China's domestic epidemic prevention and control policies, the demand for gasoline, aviation kerosene and other oil products linked to residents' travel is expected to contribute to the ultra-seasonal increase, which will drive international oil prices up.
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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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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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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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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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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.
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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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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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The news surface guides the breaking of the conventional pattern, how the trend of refined oil products in August
Time of Update: 2023-02-01
At the beginning of August, the calm Shandong market suddenly set off waves, guided by the news, Shandong independent refinery gasoline and diesel prices have soared, as of August 3, gasoline prices 8625 yuan / ton, up 128 yuan / ton or 1.
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A 32-fold increase year-on-year! India bought another record amount of Russian oil last month
Time of Update: 2023-02-01
Serena Huang, chief Asia analyst at Vortexa, said:Prices could be attractive for Russian crude oil supplies to Indian refineries, which have become Russia's largest buyers of crude oil.
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Recession fears intensify International oil prices fell sharply last week
Time of Update: 2023-02-01
Weak manufacturing data from many countries triggered recession fears, and international oil prices fell sharply last week (the week ended August 5) due to the increase in US gasoline and crude oil inventories and a slight increase in OPEC+ production.
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There is no obvious sustainability in fundamentals for the time being, and the fuel oil plate performance is weak
Time of Update: 2023-02-01
272 million tons, down 10,000 tons month-on-month; due to poor demand, the theoretical profit of China's domestic trade ship fuel 180cst blending fell, the outlook for marine demand is not clear, and the supply is expected to be neutral.
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U.S. EIA crude inventories unexpectedly surged by nearly 19 million barrels last week, the third-largest increase in history, and oil prices still rose more than 3% intraday
Time of Update: 2023-02-01
More than 15 million barrels of crude oil added last week came from the Gulf of Mexico, with most of the increase in inventories being affected by disruptions to refining operations.
