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Oil prices soar! The IEA agreed to release 60 million barrels of oil reserves
Time of Update: 2023-03-08
Oil prices surged more than 10 percent at one point as negotiations on a coordinated global release of crude oil stocks failed to quell fears of war-induced supply disruptions.
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When will the rise in oil prices peak?
Time of Update: 2023-03-08
The timing of the balance between supply and demand of crude oil will occur in the first half of the year, early Q1 and late Q2, mainly depending on the speed of Q2 crude oil demand growth month-on-mo
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WTI soared $10 in a single day! Is $170 really far away?
Time of Update: 2023-03-08
Russia's attack on Ukraine has inspired the ideals of freedom for the people of the world, but humanity is also paying the price for freedom, and the serious problems are as follows:In terms of natural gas, Russia supplies 41% of European crude oil imports, the Balkan countries almost exclusively supply Russian energy, and Germany and Italy rely on Russia for half of their natural gas.
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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.
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Global oil demand growth in 2022 will exceed 2019 levels
Time of Update: 2023-03-08
According to an analysis released by OPEC's February Oil Market Report, global oil demand is expected to grow by 4.
Oil demand in non-OECD countries is expected to grow by 2.
Oil demand in non-OECD countries is expected to grow by 2.
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Method for determining the acid number of petroleum products
Time of Update: 2023-03-08
Method A: It is mainly suitable for the determination of the acid value of petroleum products and lubricants that can be dissolved and basically dissolved in the mixed solvent of toluene and sewage isopropanol, and its precision is established in the range of acid number (in terms of KOH) of 0.
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The Russian-Ukrainian conflict has escalated! International oil prices rose more than 7% at one point, rising above $100 again
Time of Update: 2023-03-08
WTI and Brent both topped $100 a barrel last week, but both retreated after the United States reiterated its decision not to sanction Russian energy exports.
WTI and Brent both topped $100 a barrel last week, but both retreated after the United States reiterated its decision not to sanction Russian energy exports.
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Is there a regulation on the order in which additives are added?
Time of Update: 2023-03-08
The order in which additives are added has a considerable impact on the quality of oil, and in the long-term exchange of lubricating oil production technology, there are some regulations that have reached consensus in principle:(1) If there is a requirement for antifoaming of the oil, the anti-foaming agent should be added first to make it fully diffuse, and then other additives should be added.
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Outburst! Two oil giants announced their withdrawal from Rosneft
Time of Update: 2023-03-08
The Company is expected to report a significant non-cash expense in its first quarter 2022 results in May. According to Russia's state-owned news agency RIA Novosti reported, Rosneft blamed the BP's decision on "unprecedented political pressure," saying 30 years of successful cooperation were ruined.
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IEA warns of grim energy market conditions Brent crude stands at $110
Time of Update: 2023-03-08
The reporter learned that the International Energy Agency (IEA) warned that the war between Russia and Ukraine threatened global energy security, and the price of Brent crude oil continued to rise before the OPEC+ meeting, breaking through $110 per barrel.
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Foreign media: BP will withdraw its investment from Russia
Time of Update: 2023-03-08
According to Reuters LONDON on February 27, BP will give up its stake in Russian oil giant Rosneft, thus abruptly ending 30 years of operation in Russia at a high price.
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The first round of Russian-Ukrainian peace talks is over! U.S. stocks continued volatility, and Brent crude returned to $100
Time of Update: 2023-03-08
S. stocks were mixed, with VIX breaking through the 30 mark;* Maersk considers suspending operations in Russia;* The international gold price rose nearly 6% in February, breaking through $1,900.
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February 2022 China coastal crude oil and refined oil transportation market analysis report
Time of Update: 2023-03-08
On February 25, the freight rate index of refined oil goods released by the Shanghai Shipping Exchange was 1414.
On February 25, the freight rate index of refined oil goods released by the Shanghai Shipping Exchange was 1414.
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The supply and demand sides support the current international oil prices
Time of Update: 2023-03-08
The global oil and gas production increase capacity is not as good as expected, putting pressure on the supply sideFrom the perspective of supply-side influencing factors, in terms of resources, due to resource endowment, technical level and investment, the global new oil reserves show an overall downward trend.
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The situation in Russia and Ukraine may threaten supply Asian buyers want to buy more Middle Eastern oil
Time of Update: 2023-03-08
In addition, traders expect tighter arbitrage inflows from the United States, the North Sea and West Africa in the Asian spot market, prompting Asian buyers to seek more oil from the Persian Gulf.
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The situation in Ukraine escalates! Oil and gas prices are likely to continue to rise Global inflationary pressures are intensifying
Time of Update: 2023-03-08
Analysts believe that there is little way to lower oil and gas prices globally after the escalation of the situation in Ukraine due to the limited ability of crude oil and gas producers to increase production.
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The global oil service market has entered an upward cycle
Time of Update: 2023-03-08
The performance reports released by the three major international oil service companies Schlumberger, Halliburton and Baker Hughes show that with the rebound of energy demand, the global oil service market is re-entering the upward cycle.
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South Korean oil prices are still expected to remain higher
Time of Update: 2023-03-08
In South Korea, oil, natural gas and other energy sources rely heavily on imports, of which 1/4 of South Korea's crude oil imports come from Russia.
In South Korea, oil, natural gas and other energy sources rely heavily on imports, of which 1/4 of South Korea's crude oil imports come from Russia.
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What are the types of petroleum additives?
Time of Update: 2023-03-08
Three parts: the symbol is represented by 1 or 10 digits, counting from the mantissa of the Arabic numerals after t.
Three parts: the symbol is represented by 1 or 10 digits, counting from the mantissa of the Arabic numerals after t.
