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The United States offered to buy less Russian oil, and the Indian foreign minister: Europe bought more oil in one afternoon than India in a month
Time of Update: 2023-03-01
White House press secretary Jen Psaki was asked at a regular news conference: "Did President (Biden) get a commitment from Prime Minister Modi not to accelerate or increase Russian energy imports?" She replied: "I will let Prime Minister Modi and the Indians talk about this.
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India stepped up its efforts to buy Russian oil, and Biden urged: Don't buy!
Time of Update: 2023-03-01
”Biden highlighted the defense partnership between the two countries in a video conference and said the United States and India would "continue to consult closely on the impact of the Russian-Ukrainian conflict on food and other commodities.
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The lack of supply may not be able to make up, and U.S. oil surged 7% to its biggest gain in nearly three weeks
Time of Update: 2023-03-01
According to OPEC's latest monthly report, supply forecasts from outside OPEC were cut by 330,000 b/d, and Russia's production is now 530,000 b/d below previous estimates; And OPEC production increased by only 57,000 b/d to 28.
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Domestic needle coke market prices continue to rise The profitability of the two main companies is expected to improve
Time of Update: 2023-03-01
"According to Baichuan Yingfu, since the beginning of this year, the price of the domestic needle coke market has continued to rise, and the rally in April has shown signs of accelerating.
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International oil prices remained firm, peace negotiations reached a stalemate, and Russian oil production hit a new low in nearly two years
Time of Update: 2023-03-01
On Wednesday (April 13), international oil prices held firm after Russia said peace talks with Ukraine were deadlocked, while US President Joe Biden said for the first time that Moscow's invasion of Ukraine amounted to genocide, adding to supply concerns.
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South Korea said that Chinese oil drilling was found in the disputed waters and wanted to take countermeasures, and Zhao Lijian responded
Time of Update: 2023-03-01
However, in recent years, we have actually put aside the controversy, and now that South Korea has suddenly begun to hype up the above issues, it is not clear what the intention is, but considering the previous series of remarks of South Korean President-elect Yoon Seok-yue and his pro-American behavior, I am afraid that some clues can be sniffed out.
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EIA: U.S. ethane will grow faster than other petroleum product consumption by 2023
Time of Update: 2023-03-01
In the past two years, domestic ethane consumption has increased due to the improvement of ethylene cracking capacity.
In the past two years, domestic ethane consumption has increased due to the improvement of ethylene cracking capacity.
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The United States released the strategic petroleum reserve, and the freight rate of oil tankers on the two routes of the US Gulf rose sharply!
Time of Update: 2023-03-01
With the increase in the export of light crude oil, at least 8~10 Aframax tankers need to be added every month on the US Gulf-Europe route.
With the increase in the export of light crude oil, at least 8~10 Aframax tankers need to be added every month on the US Gulf-Europe route.
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International oil prices will fluctuate at a high level this year Eurasian gas prices will continue to grow sharply
Time of Update: 2023-03-01
The report believes that the main tone of the development of the oil and gas industry at home and abroad in 2021 is recovery and transformation, and this main tone will continue in 2022.
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Russia-Ukraine negotiations are less than expected, IEA will release crude oil reserves, international oil prices fluctuated and fell
Time of Update: 2023-03-01
As of the close of the day, WTI oil prices fell by 5.
As of the close of the day, WTI oil prices fell by 5.
As of the close of the day, WTI oil prices fell by 5.
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International oil prices have soared! Global oil inventories have fallen for 14 consecutive years
Time of Update: 2023-03-01
S. stocks closed higher, and the Nasdaq rose more than 2%On Wednesday, local time, following the March CPI data released on Tuesday, the latest release on Wednesday that the year-on-year growth rate of the US PPI in March hit a new high since statistics began, and Fed officials believe that this round of inflation has peaked, further consolidating the market's expectations for the Fed's upcoming sharp interest rate hike.
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EU Effort to Impress Oil Embargo on Russia Crude oil futures volatility continues to rise
Time of Update: 2023-03-01
However, at a time when the situation in Russia and Ukraine has slowed down and the US dollar has accelerated its return, the core of the market's current divergence over oil prices is whether it is necessary to release the bearish liquidity tightening quickly in the short term.
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The "2021 Domestic and Foreign Oil and Gas Industry Development Report" was released
Time of Update: 2023-03-01
2%; In the same period, natural gas consumption increased by 12%, and external dependence rose to 46%.
2%; In the same period, natural gas consumption increased by 12%, and external dependence rose to 46%.
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International oil prices weakened slightly, ICE adjusted forecasts, and traders weighed two pros and cons
Time of Update: 2023-03-01
The International Energy Agency (ICE) warned on Wednesday (April 13) that about 3 million barrels of Russian oil per day from May may not be able to flow into the international market due to sanctions or active embargoes.
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Another giant plans to stop buying Russian crude Putin latest statement
Time of Update: 2023-03-01
The world's largest independent oil trader plans to stop buying Russian crude oilCNN reported on April 14 that Vitor Energy Group, the world's largest independent oil trader, intends to completely sto
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International oil prices returned above $100 to institutional controversy follow-up trend
Time of Update: 2023-03-01
Sui Xiaoying, an analyst at Founder Medium-term Futures, believes that although Russia's energy exports may decline sharply and the market is insufficient, some institutions expect that there may be a large supply gap in the oil market, but from the recent shipping data, after the huge discount in Russian crude oil prices, some Asian countries have significantly increased Russian crude oil imports, and the increase in "eastbound exports" has to a certain extent compensated for the decline in "westbound exports".
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Hope and Hope! After seven consecutive increases, oil prices will meet the first sharp decline this year
Time of Update: 2023-03-01
During the current round of price adjustment cycle, the international crude oil market traded in the bearish factors of short-term oil prices, the anxiety of the new crown pneumonia epidemic, and the release of crude oil reserves by the US Energy Information Administration (EIA) and the imbalance between supply and demand in the crude oil market, and oil prices fell into adjustment, continuing last week's decline.
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The oil industry upstream to increase production and efficiency to meet the opportunity
Time of Update: 2023-03-01
It is reported that CNOOC achieved oil and gas production of 573 million barrels in the whole year, a record high.
It is reported that CNOOC achieved oil and gas production of 573 million barrels in the whole year, a record high.
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EIA crude oil inventories soared to offset supply concerns, and cloth oil soared 4% to a new high in nearly a week
Time of Update: 2023-03-01
5 million b/d in April as more buyers avoid crude supplies and Russia's oil reserves are full, with Russian refineries expected to fall by 1.
5 million b/d in April as more buyers avoid crude supplies and Russia's oil reserves are full, with Russian refineries expected to fall by 1.
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OPEC officials refused to take the blame and said the crude oil crisis was out of their control
Time of Update: 2023-03-01
As pointed out in an earlier article on Wall Street, the fluctuation of crude oil and natural gas prices mainly reflects changes in supply and demand, including market uncertainty and other factors beyond the control of the company, such as macroeconomic conditions, OPEC and the oil policies of major oil-exporting countries, geopolitical and economic conditions and actions related to major oil-producing countries, prices and availability of other energy sources, natural disasters, weather conditions and major global public health emergencies.
