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EU plans to embargo on Russian oil go bankrupt? Crude oil continues to be subject to 111, wary of downside risks
Time of Update: 2023-02-22
0. There is no doubt that the sharp fluctuation in oil prices highlights the current divergence in the market, and supply-side concerns still limit further oil prices, but the influence of the EU embargo on Russian oil is further declining, which may mean that WTI crude oil bulls have lost the battle for the key level of 111.
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For the first time in history, oil prices in U.S. states rose above $4 a gallon at the same time
Time of Update: 2023-02-22
According to US media reports on May 18, local time, the average price of gasoline in various states in the United States climbed to $4 per gallon and above on the 17th, the first time in history.
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Macquarie expects oil prices to fall in the second half of the year
Time of Update: 2023-02-22
According to Dow Jones on May 18, although the short-term outlook for oil prices is strong, research analysts at Macquarie Group expect oil prices to fall in the second half of the year.
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Since 2021, the public security organs in Gansu Province have seized 4,500 tons of illegal refined oil
Time of Update: 2023-02-22
On May 19, the reporter learned from the Gansu Provincial Public Security Department that since 2021, the public security organs in Gansu Province have accelerated the construction of refined oil insp
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A gas station in Shaanxi has a gasoline water content of 90%! The surveillance video involved disappeared for no reason, and the supervision intervened
Time of Update: 2023-02-22
" According to Jimu News, on May 15, a Shaanxi Hanzhong car owner said that there were problems after refueling of multiple vehicles, and he suspected that there was a quality problem with the gasoline at the Changqing gas station of Yanchang Petroleum in Hanzhong, Shaanxi.
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Lithuania and Russia make a complete cut: from May 22, the import of Russian oil, gas and electricity will be completely stopped
Time of Update: 2023-02-22
The Lithuanian Ministry of Energy released news on May 20, local time, that Nord Pool, the Nordic electricity exchange, has decided to stop power trading with Russia's Inter RAO, Russia's only electricity exporter to the Baltic states.
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Aeronaux ADNOC has newly discovered three onshore oils
Time of Update: 2023-02-22
Abu Dhabi National Oil Company (ADNOC) has discovered three oil sites that are expected to add 650 million barrels of oil to the UAE's hydrocarbon reserves, Offshore Engineering reported on May 20.
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How dependent is Europe on Russian energy?
Time of Update: 2023-02-22
For Central and Eastern European member states that are landlocked and highly dependent on Russian energy, the plan proposes to provide oil investment subsidies of about 2 billion euros to each country.
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In the future, supply and demand may be weak Crude oil prices remain high
Time of Update: 2023-02-22
On the one hand, from the perspective of supply, OPEC and US shale oil producers have not increased production due to high oil prices and high profits, while Russian crude oil exports have not declined much in the short term, but in the medium term, the downward trend of exports is difficult to reverse.
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Great Wall lubricant special products in the northwest market win-win growth
Time of Update: 2023-02-22
Focusing on the responsibility of compacting metal fluids, heat conduction oil and synthetic grease with the combination of areas and lines, the Northwest Branch of Lubricating Oil sorted out 104 domestic replacement projects for special products.
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Break the record again! Energy crisis approaching? US refined oil prices start soaring mode!
Time of Update: 2023-02-22
According to estimates by the International Energy Agency (IEA), if the EU ban on Russian crude oil is passed soon, up to 3 million barrels per day of Russian production capacity will be affected in July.
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Jiangsu Oilfield injected more than 300 tons of carbon dioxide per day and established a special class to vigorously promote the resumption of production
Time of Update: 2023-02-20
Jiangsu Oilfield plans to inject 100,000 tons of carbon dioxide this year and increase crude oil production by 30,000 tons, and the epidemic sealing and control has had a serious impact on the cross-regional transportation of carbon dioxide and the construction of oil flooding wells.
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Oil prices continue to rise and become unbearable pain for Americans
Time of Update: 2023-02-20
The worst inflation in the United States in 40 years and the high cost of consumption caused by the tight energy supply of the world have caused the price of gasoline in the United States to continue to rise, which has become an unbearable pain for Americans.
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Foreign media: Tokyo crude oil futures prices reached a nearly 14-year high
Time of Update: 2023-02-20
The report pointed out that the reason for the increase in the index price was the consensus of EU countries on a partial ban on oil imports from Russia.
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CNOOC Guangdong Sales Co., Ltd. announced the launch of spot trading of No. 92 vehicle gasoline (VIA) and No. 0 vehicle diesel (VI) in June 2022
Time of Update: 2023-02-20
In order to actively explore the innovative mode of domestic refined oil market-oriented trading, CNOOC Guangdong Sales Co.
In order to actively explore the innovative mode of domestic refined oil market-oriented trading, CNOOC Guangdong Sales Co.
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The lubricant company won the bid for FAW Jiefang 100,000 kilometers of National VI engine oil project
Time of Update: 2023-02-20
The successful bid won by the lubricant company in the FAW Jiefang China VI engine oil project broke the history of FAW commercial vehicles often using foreign brands for high-end engine oil, and enhanced the market influence and competitiveness of Sinopec Great Wall Lubricants.
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The China-Russia oil special train will be opened, 1 billion tons of crude oil will be shipped to China, and the global oil price will change?
Time of Update: 2023-02-20
China is in a critical period of modernization, the demand for oil is very large, but if only rely on a single oil import to develop, it will certainly be subject to people, so the opening of the oil line between China and Russia is very beneficial for both countries.
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Brent crude extends losses reported that Saudi Arabia may increase production
Time of Update: 2023-02-20
4 percent, citing five sources familiar with the matter as reporting that Saudi Arabia was ready to increase oil production if Russia reduced supplies because of sanctions.
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Major Oil Producing Countries Increase Production by Limited Extent Oil price prospects may remain firm
Time of Update: 2023-02-20
Market analysts believe that due to the decline in Russian oil supply due to sanctions, oil producers such as Saudi Arabia and the United States have limited production increases, while the northern hemisphere into the summer, oil demand is expected to rise, and the near-term and medium-term prospects for international oil prices remain firm.
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Confirmed the look! The police of Yangzhou City, Jiangsu Province, identified the black refueling truck
Time of Update: 2023-02-20
According to the transaction records, the police arrested 4 illegal mobile refueling trucks and related people involved in the case, and these refueling vehicles sold 400 tons of fuel oil to the market.
