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Why China's oil prices have been rising
Time of Update: 2023-03-09
6. Different regions have different oil reserves and extraction conditionsThe top 5 countries in the world in terms of recoverable resources for shale gas technology are: China (36 trillion cubic meters, about 20%), the United States (24 trillion cubic meters, about 13%), Argentina, Mexico and South Africa.
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Institutions: Sanctions will not affect energy supply, and oil prices are expected to return to the $80 range
Time of Update: 2023-03-09
The Iran deal is progressing positively, and crude oil supply is expected to increase again in the second half of the yearOn the other hand, another major global development that investors are concerned about has also led to a pullback in prices, that is, whether the Iran nuclear deal can reach consensus.
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China's dependence on crude oil to foreign countries declined for the first time
Time of Update: 2023-03-09
Fan Min, deputy director of the information and marketing department of the Petrochemical Federation, said that the prosperity of the three major sectors of the petroleum and chemical industry rebounded to varying degrees, of which the added value of the oil and gas exploitation industry increased by 2.
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The United States is considering releasing oil reserves in response to the soaring oil prices caused by the situation in Ukraine
Time of Update: 2023-03-09
The White House argues that the release of reserve oil has reduced the price of gasoline by about 10 cents per gallon during the holiday driving season.
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Oil reserves of various countries: the United States 91 million tons, Japan 80 million tons, how much is China?
Time of Update: 2023-03-09
S. oil reserves: 91 million tonsSince World War 2, the United States has been the superpower of the international community.
S. oil reserves: 91 million tonsSince World War 2, the United States has been the superpower of the international community.
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International oil prices rose above $100 / barrel! With the escalation of the situation in Russia and Ukraine, what will the global oil and gas market usher in?
Time of Update: 2023-03-09
Supply and demand fundamentals and geopolitical tensions support oil prices, which will continue to climb if the situation between Russia and Ukraine escalates further, especially if Europe and the United States increase sanctions against Russia and sanction its oil and gas exports.
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Progress in Eastern Europe intensifies energy supply concerns Crude oil closed sharply higher, and oil hit a new high in more than seven years
Time of Update: 2023-03-09
News on February 23, the tension between Russia and Ukraine has risen, intensifying concerns about the outlook for energy supply, crude oil futures and natural gas prices have risen sharply, and Brent crude oil has reached the highest level since 2014.
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Guangxi petroleum diesel exhaust treatment fluid was supplied to Hong Kong for the first time
Time of Update: 2023-03-09
(hereinafter referred to as Guangxi Chaolan Company) to produce 18 IBC tons of diesel vehicle exhaust treatment liquid passed the quarantine inspection of Yongzhou Customs in Nanning, Guangxi, and set off for Hong Kong after loading.
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Oil prices have finally returned to normal, and the response strategy is long-term
Time of Update: 2023-03-09
Therefore, supply and demand remain the fundamental driver and decisive factor of long-term oil prices, but financial, geopolitical and market speculative forces will increase the magnitude of oil price fluctuations.
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Oil prices climb Saudi Aramco's shares hit a new high
Time of Update: 2023-03-09
"Market analysts believe that Saudi Aramco's share price has been rising since early February, on the one hand, due to the improvement of the epidemic situation leading to the increasing demand for crude oil, on the other hand, the market is worried that crude oil production will be affected due to the tension between Russia and Ukraine.
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Vietnamese Prime Minister Pham Minh Ng Thanh called for full protection of domestic supply of refined oil products
Time of Update: 2023-03-09
The Ministry of Industry and Trade shall, together with relevant departments, take the initiative to coordinate the balance of supply and demand in the oil and gas market to ensure the adequate supply of refined oil products in the domestic market; Strengthen supervision and inspection work with relevant issues, and promptly deal with illegal acts such as hoarding for profit.
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Total Energy has found light oil off the coast of Namibia
Time of Update: 2023-03-09
According to Oilfield Technologies' Feb. 24 news, Total Energy said it found light oil containing associated gas in Block 2913B of the Orange Basin, located in southern Namibia.
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$100 looks like a new bottom for oil prices
Time of Update: 2023-03-09
If you add to that the protracted war that one of the world's largest energy producers is in trouble, Trafigura's claim that oil prices will remain at the $100 level could come true.
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Asia's renewable energy trading volume tripled to $13.6 billion in 2021
Time of Update: 2023-03-09
Another major acquisition was EDP Renewables' US$880 million acquisition of Singaporean solar developer Sunseap, which provides build, own and operate strategies for rooftop, ground-mounted utility-scale and floating solar PV projects.
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It is difficult to solve the problem in the short term High oil prices are hindering the steady recovery of the world economy
Time of Update: 2023-03-09
While the world economy is under the high cost pressures of inflation, international oil prices are also rising under the stimulus of increased geopolitical risks.
While the world economy is under the high cost pressures of inflation, international oil prices are also rising under the stimulus of increased geopolitical risks.
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High oil prices are hampering the steady recovery of the world economy
Time of Update: 2023-03-09
While the world economy is under the high cost pressures of inflation, international oil prices are also rising under the stimulus of increased geopolitical risks.
While the world economy is under the high cost pressures of inflation, international oil prices are also rising under the stimulus of increased geopolitical risks.
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Multiple Factors Disturb the Crude Oil Market It is difficult for international oil prices to show a sharp decline
Time of Update: 2023-03-09
(The author is the director and chief economist of Hongta Securities Research Institute)After the crude oil price stage bottomed out in December 2021, oil prices entered an upward channel due to factors such as the geopolitical situation and the mismatch between crude oil supply and demand.
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Yueyang Petroleum refueled the city's first batch of hydrogen vehicles
Time of Update: 2023-03-09
On December 27, 2021, the Yueyang Petroleum, Oil and Hydrogen Combined Construction Station located on Yungang Road, Yunxi District, Yueyang City, was put into operation.
On December 27, 2021, the Yueyang Petroleum, Oil and Hydrogen Combined Construction Station located on Yungang Road, Yunxi District, Yueyang City, was put into operation.
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U.S. WTI crude futures rose 8% to a seven-year high
Time of Update: 2023-03-08
In some countries, announcements of coordinated releases of emergency crude oil reserves have not prevented a sharp rise in oil prices.
In some countries, announcements of coordinated releases of emergency crude oil reserves have not prevented a sharp rise in oil prices.
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Crude oil broke through 100 again, rising more than 7% in the day! OPEC+ has no hope of raising production targets
Time of Update: 2023-03-08
The officials said OPEC+ could stick to its plan to gradually increase oil production at this week's meeting, even after oil prices spiked due to the Russia-Ukraine conflict.
