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The rebound in international oil prices is weak, and the bears are optimistic about the policy prospects of the United States and Europe
Time of Update: 2023-02-01
79 million bpd of crude oil in July, higher than the four-year low recorded in June, benefiting from China's overall export growth momentum, according to Chinese customs data.
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Worsening demand outlook spurs oil prices to retreat Supply tightness is expected to continue to provide support
Time of Update: 2023-01-08
The International Energy Agency's monthly oil market report for August, released on the 11th, said that increased oil supply and heightened concerns about the deterioration of the economic outlook caused oil prices to fall by about $30 per barrel compared to the June peak.
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OPEC+ considered production cuts in advance, and Brent crude surged nearly 4% back above 100
Time of Update: 2023-01-08
It may be premature to announce production cuts at the upcoming OPEC+ meeting on September 5, but they could be necessary if the 2015 Iran nuclear deal could resume, leading to increased supply in the oil market, the sources said.
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EIA raised its forecast for U.S. gasoline prices this year and next
Time of Update: 2023-01-08
S. Energy Information Administration (EIA) raised its forecast for the national average gasoline price in 2022 and 2023, saying that it now expects the average gasoline price of $4.
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International oil prices staged a "roller coaster"
Time of Update: 2023-01-08
On the one hand, affected by factors such as favorable macro data to boost market sentiment, international oil prices rose at the close of trading on the 8th; On the other hand, last week, due to rising sentiment such as fears of a global recession, international oil prices fell by the largest weekly decline since April 1 this year, and even fell to the level in early February this year, that is, before the outbreak of geopolitical conflicts.
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EIA inventories plummeted, and oil prices soared and retreated
Time of Update: 2023-01-08
" Zhang Zhengze, an analyst at Guohai Liangshi Futures, said that the recent price spread has narrowed, from the perspective of the US market, the supply and demand pressure has improved month-on-month, and the supply-side US storage dumping will end in October, and the supply pressure has been reduced.
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Keep falling! Will international oil prices return to the 100 yuan mark?
Time of Update: 2023-01-08
However, in recent years, due to the downturn of the global economy, the performance of the crude oil market has been sluggish, and international oil prices have returned to the $90 per barrel mark.
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Market analysis expects oil prices to hit $120 again in the winter
Time of Update: 2023-01-08
Amrita Sen of Energy Aspects told Bloomberg Monitoring on Monday that while oil and gas prices may continue to decline in the short term, by the time winter comes, the market will become extremely tight and the price of a barrel of oil should return to about $120.
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The oil market surplus endorses OPEC's new round of production cuts
Time of Update: 2023-01-08
OPEC is also forecasting a surplus in the oil market, sparking speculation that it may be preparing to cut production.
OPEC is also forecasting a surplus in the oil market, sparking speculation that it may be preparing to cut production.
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YPF Oil announced an increase in gasoline and diesel prices
Time of Update: 2023-01-08
According to Télam, "Over the past 12 months, YPF gasoline has risen by 32% and diesel by 51%, or an average increase of 41.
According to Télam, "Over the past 12 months, YPF gasoline has risen by 32% and diesel by 51%, or an average increase of 41.
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Iran nuclear deal talks progress International oil prices fell on August 9
Time of Update: 2023-01-08
Phil Flynn, senior market analyst at Price Futures Group, said, "Don't expect the Iran nuclear deal to resume, Iran is just using negotiations to gain more time.
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IEA raises global oil growth forecast International oil prices rose on August 11
Time of Update: 2023-01-08
As the International Energy Agency significantly raised its global oil demand growth forecast this year, the price of international crude oil futures rose in the overnight market, fluctuated higher in the morning of the 11th, narrowed the rise in the afternoon, and rose at the close.
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Worried about the global recession, the collapse of international oil prices...
Time of Update: 2023-01-08
" The Saudi Aramco CEO said global oil demand continues to be "healthy" and if jet fuel demand picks up to pre-pandemic levels, "it will create a significant supply shortage in the market.
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Saudi Energy Minister: The oil futures market is caught in a self-perpetuating vicious circle
Time of Update: 2023-01-08
Asked if he was concerned about current market conditions, the Saudi energy minister said the oil futures market is caught in a self-perpetuating vicious circle with very thin liquidity and extreme volatility, weakening the market's basic function of regulating prices and making it impossible for physical users to bear the cost of hedging and managing risk.
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The International Energy Agency publishes monthly report on the oil market Soaring natural gas prices have increased global oil demand
Time of Update: 2023-01-08
The International Energy Agency expects global oil demand in 2022 to be 99.
The International Energy Agency expects global oil demand in 2022 to be 99.
The International Energy Agency expects global oil demand in 2022 to be 99.
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Strong exports caused U.S. crude inventories to plummet by 7 million barrels, and oil prices rebounded after hitting six-month lows
Time of Update: 2023-01-08
S. crude inventories to plummet by 7 million barrels, and oil prices rebounded after hitting a six-month low;Oil prices turned from a decline to a rise of about 1.
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U.S. oil prices fell below $4 a gallon for the first time since March
Time of Update: 2023-01-08
According to data from the American Automobile Association (AAA) on the 11th local time, the average price of gasoline in the United States fell back to $3.
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International oil prices rebounded, but faced with recession fears, investors weighed four major factors
Time of Update: 2023-01-08
On Thursday (August 18), international oil prices rebounded, but the oil market faced global recession fears, investors weighed factors such as falling US inventories, rising Saudi production and exports, the prospect of increased Russian production, and the resumption of negotiations on the Iran nuclear deal.
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Multiple bearishness weighs on market sentiment International oil prices fell sharply on August 15
Time of Update: 2023-01-08
Multiple bearishness weighed on market sentiment, international crude oil futures prices fell sharply in the overnight market, and on August 15, intraday volatility rebounded, and international oil prices fell significantly at the close.
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Economic and financial factors dominate this round of oil price decline, and the future may maintain a downward range shock
Time of Update: 2023-01-08
Dong Xiucheng said that from a geopolitical point of view, the sanctions imposed by Europe and the United States on Russia in the energy field are actually relatively relaxed.
