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Russia-Ukraine conflict causes concern International oil prices rose on September 22
Time of Update: 2023-01-07
As the prospect of an escalation of the Russian-Ukrainian conflict triggered concerns about energy supply, international crude oil futures prices rose in the overnight market, rushed back down in early trading on September 22, and then consolidated in a narrow range, and international oil prices rose at the close.
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Diesel prices in the U.S. market rose for the first time in two months
Time of Update: 2023-01-07
Agricultural demand has propelled Tulsa, Oklahoma, to become the most expensive wholesale diesel center in the United States, even surpassing places like Los Angeles and New York, and Midwestern farmers have seen a significant increase in the price they pay for diesel, according to data compiled by Bloomberg.
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Lagging demand won't stop gasoline prices from soaring again
Time of Update: 2023-01-07
The chief warned that extreme volatility and lack of liquidity in the futures market are affecting prices in a way that is not in line with normal supply and demand factors, which could prompt OPEC+ to act.
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A new round of production cuts is coming? How OPEC+ saved faltering oil prices
Time of Update: 2023-01-07
At the same time, the trend of the situation in Ukraine is worth paying attention to, which is an important source of global economic uncertainty, and the energy supply situation in Europe this winter is also one of the potential factors that disrupt crude oil demand.
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The G7 has a geometric impact on the "price limit" of Russian oil
Time of Update: 2023-01-07
Lofter, director of the Washington Institute for Global Security Analysis, also believes that the idea of limiting the price of Russian oil is "quite funny", Europeans and Americans talk about letting Russia sell oil at $40 per barrel, but the result will see international oil prices rise to $140 per barrel, "you can't challenge the law of supply and demand in the oil market.
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OPEC+ agrees to cut production slightly in October International oil prices rose significantly during the European trading session on September 5
Time of Update: 2023-01-07
As of 21:48 Beijing time on the 5th, light crude oil futures for October delivery rose 3.
As of 21:48 Beijing time on the 5th, light crude oil futures for October delivery rose 3.
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International oil prices rose, OPEC tried to intervene in the market, and Libya was plunged into a new conflict
Time of Update: 2023-01-07
On Monday (August 29), international oil prices rose on expectations that the Organization of the Petroleum Exporting Countries (OPEC) would cut production if necessary to support prices, coupled with the Libyan conflict and increased demand due to soaring natural gas prices, helping to offset the gloomy outlook for US economic growth.
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Market Digests Prospects for Increased Oil Supply International oil prices fell on August 31
Time of Update: 2023-01-07
Flynn said that if the United States returns to the 2015 Iran nuclear deal, it will change the crude oil market in the short term, and the market believes that Iran's average crude oil supply can increase by 1 million barrels per day to 1.
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The central banks of the world's major economies raise interest rates International oil prices continue to come under pressure
Time of Update: 2023-01-07
Central bank rate hikes in major economies continue to be bearish for oil markets, and fears of a global recession appear to be pushing oil markets into a longer-term downward spiral.
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Market concerns about oil demand outlook International oil prices fell significantly on September 15
Time of Update: 2023-01-07
As of the close of trading on the 15th, the price of light crude oil futures for October delivery on the New York Mercantile Exchange fell $3.
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Sanctions imposed by Europe and the United States will make the flow of Russian oil to Asia and the Middle East even worse
Time of Update: 2023-01-07
"Executives at energy company and commodities trader Vitol said the oil market is bracing for the biggest shift in global trade flows in history, as nearly 3 million barrels per day of Russian crude oil and products will have to be diverted to markets outside Europe and advanced economies in the coming months after EU sanctions come into effect.
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G7 wants to engage in oil price limit? Russia: Cut off! Oil prices have plunged continuously
Time of Update: 2023-01-07
In terms of high-sulfur fuel oil, Xue Yangming believes that OPEC+ maintains a high implementation rate of production reductions, but the ability to increase the production of sweet oil is insufficient, the Middle East oil-producing countries continue to increase sour oil production slightly, the United States releases a large amount of SPR sour oil, and refinery starts are also at a relatively high level, resulting in sufficient high-sulfur supply and pressure on valuations.
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Where will international oil prices go back on a downward trajectory
Time of Update: 2023-01-07
According to Bloomberg data, OPEC's oil production rose by 270,000 barrels per day in July, with about two-thirds of the new output coming from Saudi Arabia.
According to Bloomberg data, OPEC's oil production rose by 270,000 barrels per day in July, with about two-thirds of the new output coming from Saudi Arabia.
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Saudi Arabia lowers crude oil prices in Asia and Europe and maintains prices for customers in the Americas
Time of Update: 2023-01-07
Saudi Aramco cut the price of its benchmark Arab Light crude scheduled for next month's shipments to Asian refiners to $5.
Saudi Aramco cut the price of its benchmark Arab Light crude scheduled for next month's shipments to Asian refiners to $5.
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Market Focus on OPEC+ Production Policy International oil prices rose on September 2
Time of Update: 2023-01-07
Data released by oilfield service company Baker Hughes on the 2nd showed that the number of active oil rigs in the United States in the week was 596, down 9 from the previous month and up 202 year-on-year.
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Recession fears lingered, with oil prices tumbling more than 4 percent to a one-week low
Time of Update: 2023-01-07
S. railroads and unions reached a preliminary agreement to avert a massive strike that could affect domestic coal shipments, and oil prices continued to fall to a nearly one-week low.
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Hurricane affects Gulf of Mexico oil and gas production, international oil prices rise more than 2% on September 27
Time of Update: 2023-01-07
As Hurricane Ian began to have an impact on oil and gas production in the US Gulf of Mexico and the market expected OPEC+ to announce production reduction measures in early October, international crude oil futures prices rose in the overnight market, and the 27th fluctuated strongly during the session, and international oil prices rose significantly at the close.
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Recession fears continue to cause market concerns International oil prices plummeted
Time of Update: 2023-01-07
During the same period, the number of active oil rigs in Canada was 148, an increase of 2 month-on-month and 52 year-on-year.
During the same period, the number of active oil rigs in Canada was 148, an increase of 2 month-on-month and 52 year-on-year.
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Russia may propose 1 million b/d cuts, oil prices rebound 2% from months lows
Time of Update: 2023-01-07
Russia may propose that OPEC+ cut oil production by about 1 million b/d at its next meeting in October, a source familiar with Russia's views said.
Russia may propose that OPEC+ cut oil production by about 1 million b/d at its next meeting in October, a source familiar with Russia's views said.
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Recession fears persist International oil prices fell significantly on September 26
Time of Update: 2023-01-07
As the market's concerns about recession continued and the US dollar strengthened significantly, the international crude oil futures price consolidated weakly in the overnight market, once turned from falling to rising in the morning of the 26th, and then fell significantly, and in the afternoon a narrow consolidation, international oil prices fell significantly at the close.
