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Saudi Arabia lowered Asian oil prices to their lowest level since November 2021 due to slowing demand
Time of Update: 2023-02-03
Saudi Arabia cut prices for all oil sales to Asia in February, suggesting that demand in the kingdom's main markets remains subdued as the economy slows.
Saudi Arabia cut prices for all oil sales to Asia in February, suggesting that demand in the kingdom's main markets remains subdued as the economy slows.
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What is "eco-friendly oil"?
Time of Update: 2023-02-03
At the same time, you cannot do illegal production, operation, transportation, storage of "environmental protection oil" and other illegal acts, and violations will bear legal consequences!"Eco-friendly oil", at first glance, sounds like a new and environmentally friendly combustion material?Environmental oil is the common name of methanol fuel, containing more than 95% methanol, while mixed with a certain proportion of gasoline, component oil and other liquid fuels.
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Short-term supply continues to increase Fuel oil or range-bound is expected
Time of Update: 2023-02-03
In terms of high sulphur, high-sulphur fuel oil flows from Russia to Asian markets are expected to increase in the coming months, with shipments of 4.
In terms of high sulphur, high-sulphur fuel oil flows from Russia to Asian markets are expected to increase in the coming months, with shipments of 4.
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China's gasoline has fully entered the era of National VIB? Upgrades do not increase in price
Time of Update: 2023-02-03
After the full implementation of China VI B standard gasoline, consumers can choose the correct gasoline brand according to the requirements of automobile manufacturers and go to the regular gas station to refuel normally.
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In 2025, the annual consumption of liquefied petroleum gas will not exceed 150,000 tons
Time of Update: 2023-02-03
The reporter of Beijing Youth Daily learned that by 2025, the annual consumption of natural gas will be controlled within 20 billion cubic meters, and the growth rate will be significantly reduced; The annual consumption of liquefied petroleum gas is controlled within 150,000 tons, and the resource guarantee mainly relies on the allocation of market resources.
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Rectification of the refined oil market The Yulin Working Group of Shaanxi Province carried out the rectification of the refined oil market
Time of Update: 2023-02-03
Rectification of the refined oil market The Yulin Working Group of Shaanxi Province overcame the difficulties of the epidemic, and the oil and gas field inspection team of the province and the local p
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Institutional: Limited pullback, rebound trend or not over
Time of Update: 2023-02-03
We have pointed out in various reports at the end of the third quarter that the gradual slowdown in interest rate hikes will drive the market trading perspective back to supply and demand in the fourth quarter.
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Sinopec Great Wall Lubricants was rated as "Global Well-known Brand of Special Oil for Construction Machinery"
Time of Update: 2023-02-03
The lubricant company continues to pay attention to and actively serve the development of China's construction machinery industry, aiming at the lubrication needs of different equipment, and successfully obtained the technical recognition of many domestic and foreign manufacturers and has been widely used in the mode of "technology + market + service".
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The illegal US military presence in Syria continues to steal Syrian oil and wheat
Time of Update: 2023-02-03
According to the Syrian News Agency, the illegal US military presence in Syria continues to steal Syrian oil and wheat resources. On January 4, local time, the US military used 36 tanker trucks loaded
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The forecast decline in domestic oil prices will expand to 160 yuan / ton, and No. 95 gasoline is expected to fall by 0.14 yuan / liter
Time of Update: 2023-02-03
14 yuan / liter, an increase of 85 yuan / ton from the previous working day, and completely exceed the threshold of the red line of price adjustment, therefore, the new round of refined oil price adjustment ushered in at 24 o'clock on January 17, 2023 may show a decline, when the price of No. 92 gasoline and No. 0 diesel may be significantly reduced.
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The news is bearish and suppressed, and international oil prices closed down in shock on December 29
Time of Update: 2023-02-03
On the one hand, data released by the US Energy Information Administration on the 29th showed that US commercial crude oil inventories last week were 419 million barrels, an increase of 700,000 barrels month-on-month, while the market had expected a month-on-month decline.
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The lubricant company has formed more than 200 domestic substitution and demonstration cases
Time of Update: 2023-02-03
After sorting out and standardizing the domestic substitution and demonstration cases, all of them are provided to the marketing system, becoming a strong technical support in market development and a "stepping stone" to impress customers.
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Russian Finance Minister: Russia will sell oil at market prices to countries that have not applied price caps
Time of Update: 2023-02-03
"Siluanov said that no matter what caps are introduced by Western countries, whether it is $60 a barrel today or $30 or 70 a barrel later, Russia will supply oil at market prices to countries that have not introduced price caps.
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Crude fell for a second straight day on an uncertain demand outlook
Time of Update: 2023-02-03
News on December 29: International crude oil futures fell for the second consecutive session on Thursday due to uncertain demand outlook.
News on December 29: International crude oil futures fell for the second consecutive session on Thursday due to uncertain demand outlook.
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Foreign media: Japan imports Russian crude oil for the first time in more than half a year
Time of Update: 2023-02-03
Japan will import its first crude oil from Russia since May, as the Japanese government urges energy importers to stock up on fuel to avoid future shortages, Bloomberg News reported on its website on December 28.
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Crude oil closes: inventory data unexpectedly increases Crude oil futures closed lower under pressure
Time of Update: 2023-02-03
On average, analysts surveyed by S&P Global Commodity Insights expect crude inventories to fall by 3 million barrels, gasoline inventories by 2.
On average, analysts surveyed by S&P Global Commodity Insights expect crude inventories to fall by 3 million barrels, gasoline inventories by 2.
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Rising momentum falls back International oil prices fell on December 28
Time of Update: 2023-02-03
Christopher Lewis said that oil prices fell again on the 28th, and it looks like the 50-day moving average will become resistance.
Christopher Lewis said that oil prices fell again on the 28th, and it looks like the 50-day moving average will become resistance.
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In 2023, the supply side of the crude oil market may tighten
Time of Update: 2023-02-03
International oil prices rose significantly on December 30, with New York oil prices rising by more than 2% and London Brent oil prices rising by nearly 3%.
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U.S. gasoline demand fell the most in nearly three years last week, and the Strategic Petroleum Reserve fell to its lowest level since November 1983
Time of Update: 2023-02-03
The EIA reported that weekly supply of gasoline products in the United States, which reflects market demand, recorded its biggest decline since March 2020 in the week of Dec. 30.
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Yumen Oilfield Laojunmiao Oil Production Plant cleverly uses graphene technology to solve the problem of waxing
Time of Update: 2023-02-03
Through one year of on-site follow-up evaluation, graphene double-thinned coated tubing technology effectively reduced the effects of wellbore corrosion, waxing and scaling, and the wellbore and surface pipeline transmission system operated smoothly, and the test was initially successful.
