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At the same time as oil prices are generally falling, China imports 500,000 barrels per day, why do oil prices only rise and do not fall?
Time of Update: 2023-02-08
According to rumors, the current Iranian oil price is only $4 a barrel, and China imports 500,000 barrels a day, but why is the price of gasoline still rising frequently?First, why is Iranian crude oil cheap?Affected by international disputes, countries around the world are frantically grabbing oil, so the world's major oil exporters are thinking of taking advantage of the opportunity to raise prices and make a big profit.
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U.S. gasoline retail prices fell for 37 consecutive days Crude oil fell below $100 due to a number of factors
Time of Update: 2023-02-08
5 percent on Thursday to settle at about $96 a barrel as crude prices fell sharply on rising coronavirus cases in Asia and demand concerns over stagnant gasoline consumption in the United States.
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How are domestic refined oil products priced?
Time of Update: 2023-02-08
Not to mention that China's oil prices are staring at the rise and fall of international oil prices, the deeper level is that oil imports are a long-term behavior, and the retail price of refined oil products is affected by multiple factors such as production, transportation, profits, taxes and fees.
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Petrobras will cut the price of gasoline it sells
Time of Update: 2023-02-08
According to Reuters, Petrobras said in a statement that it will cut gasoline prices at its refineries by about 5% on Wednesday, the first time the company has cut gasoline prices since the end of 2021, which has led analysts to revisit the country's inflation forecasts.
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The Rizhao Lanshan Border Inspection Station in Shandong Province efficiently guarantees the emergency connection of millions of tons of crude oil
Time of Update: 2023-02-08
It effectively reduces the travel and queuing waiting time of enterprises in the dock and border inspection service hall, compresses the docking and departure time of ships, improves the turnover efficiency of ships, relieves the berthing pressure of the dock, and efficiently guarantees the smooth customs clearance of 5 fully loaded 300,000-ton tankers.
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ECB rate hikes superimposed sluggish demand Oil prices fluctuated at high levels
Time of Update: 2023-02-08
commercial crude oil inventories (excluding strategic reserves of petroleum) were 427 million barrels, down 440,000 barrels from the previous week, and crude oil inventories were about 6% lower than the same period over the past five years; U.
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Crude oil tested the upper pressure zone, and the overall pressure continued
Time of Update: 2023-02-08
According to CCTV reports, on July 26, local time, the White House said that in order to support supply and stabilize oil prices, the United States will release another 20 million barrels of oil from the strategic oil reserve on top of the more than 125 million barrels of oil it has sold, and release 1 million barrels to the market every day.
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Announcement of Administrative License for Retail Business Qualification of Refined Oil Products in Jiangmen City, Guangdong Province (20220728)
Time of Update: 2023-02-06
In accordance with the Administrative Licensing Law of the People's Republic of China, the Notice of the Energy Bureau of Guangdong Province on the Work Related to the Cancellation and Decentralizatio
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Oil prices soared as the market shook off fears of a recession
Time of Update: 2023-02-06
News that OPEC+ may not have a big production increase target at the end of next week's meeting has also boosted oil prices to a large extent.
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Oil price upside is limited! The OPEC+ meeting is coming, or steps are taken to gradually increase supply
Time of Update: 2023-02-06
Brent crude oil continuous daily chartOil market analysts do not expect OPEC+ and its allies to agree to a sharp increase in output in September on Wednesday, but members may take steps to gradually increase supply.
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WTI crude oil prices closed at a 22-week low on Monday (August 1).
Time of Update: 2023-02-06
89 a barrel on Monday, closing at its lowest level since Feb. 25, and the global benchmark oil price fell below $100, and energy investors began to pay attention to weak data from the United States and other major economies.
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When many countries are facing the hidden worries of the energy crisis, the record profits have made the oil and gas giants in the United States and Europe "cursed"!
Time of Update: 2023-02-06
" Reuters combed through the latest quarterly reports of several international energy companies on July 29 and found that the total profit of ExxonMobil and Chevron in the United States and Shell and Total Energy in Europe exceeded $50 billion.
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Look for the "disappeared" 5,000 tons of gasoline
Time of Update: 2023-02-06
The higher-level tax authorities believe that the oil purchase and sale transactions of the two enterprises are mysterious and have signs of tax-related violations, so they require the Inspection Bureau of the Shantou Municipal Taxation Bureau to verify the details of the oil purchased by S Petrochemical Company from Y Chemical Trading Company and whether there are any problems in its declaration and payment.
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Big winner of soaring oil prices! Saudi Arabia's economy grew by 11.8% in the second quarter, continuing to grow at its fastest pace since 2011
Time of Update: 2023-02-06
Preliminary estimates released by the Saudi Statistical Directorate on Sunday showed that Saudi Arabia's non-oil gross domestic product grew by 5.
Preliminary estimates released by the Saudi Statistical Directorate on Sunday showed that Saudi Arabia's non-oil gross domestic product grew by 5.
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The high price of petroleum coke has loosened, and the cost pressure of the artificial anode industry may improve
Time of Update: 2023-02-06
The media believes that the current market is worried about the mismatch of industry attributes, which will lead to the production capacity of coke materials becoming a new bottleneck limiting the long-term development of artificial graphite anodes.
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Multiple departments in Changsha City, Hunan Province, have jointly cracked down on illegal and illegal acts of refined oil
Time of Update: 2023-02-06
A few days ago, under the organization and guidance of the Hunan Provincial Market Supervision Bureau's Law Enforcement Inspection Bureau, the Metrology Department, the Provincial Commodity Quality Sampling Center and other relevant departments, the Changsha Municipal Market Supervision Bureau and the Tianxin District Market Supervision and Public Security Department formed a joint law enforcement inspection team to carry out joint surprise inspections of gas stations in the urban area.
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Heilongjiang Jiaotong Investment Group fired the first shot at the self-operated sales of refined oil
Time of Update: 2023-02-06
Self-operated sales of refined oil products (provided by Heilongjiang Provincial Jiaotong Investment Group)The self-operation of the four gas stations in the Yi'an and Keshan service areas has effectively proved the energy supply guarantee ability of the asset management company and the strength of the new energy supply system by using the highway service area.
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International oil prices plunged more than 4%! The resurgence of demand concerns has sparked panic
Time of Update: 2023-02-06
Last month, US President Joe Biden visited the Middle East, hoping to persuade major oil producers, including Saudi Arabia, to increase production significantly.
Last month, US President Joe Biden visited the Middle East, hoping to persuade major oil producers, including Saudi Arabia, to increase production significantly.
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Oil demand outlook under pressure International oil prices fell significantly on August 1
Time of Update: 2023-02-06
75 per barrel, and the average price forecast of New York crude oil futures was lowered to $101.
75 per barrel, and the average price forecast of New York crude oil futures was lowered to $101.
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The Market Supervision Bureau of Changji Nonggao District, Xinjiang Uygur Autonomous Region, strictly investigates counterfeit lubricants
Time of Update: 2023-02-06
In the next step, the bureau will continue to increase the inspection of lubricating oil products, resolutely prevent counterfeit and shoddy lubricating oil products from entering the market, create a healthy, orderly and safe market consumption environment, and protect the legitimate rights and interests of consumers.
