-
International oil prices rose nearly 3%, and Chinese demand improved, but bulls faced two other risks
Time of Update: 2023-02-02
But crude futures plunged into the new year as traders reassessed the impact of cold weather on energy demand, and fears of a broader global market recession remained, an uncertainty that could send oil prices up and down in the short term.
-
The Han Research Institute predicts that this year's international oil price will average $85.46 per barrel per year
Time of Update: 2023-02-02
46 per barrel, the high price range is an average of $92.
46 per barrel, the high price range is an average of $92.
46 per barrel, the high price range is an average of $92.
-
It is expected that short-term oil prices will fall or shock recovery The supply and demand pattern of the oil market may improve in the second quarter
Time of Update: 2023-02-02
813 million barrels lower than the previous week; Distillate demand averaged 2.
813 million barrels lower than the previous week; Distillate demand averaged 2.
813 million barrels lower than the previous week; Distillate demand averaged 2.
-
EIA Monthly Report: Oil prices will fall this year and next due to increased production in the United States and global accumulation
Time of Update: 2023-02-01
Foreign news on January 10, the US Energy Information Administration (EIA) said on Tuesday that crude oil and refined oil prices are expected to fall in 2023 and 2024, as the rise in crude oil production in the United States and other regions offset the decline in Russian production, which will lead to an increase in global crude oil inventories.
-
Oil majors earn too much to cause controversy, and many governments are ready to act! The "profiteering tax" is on the string!
Time of Update: 2023-02-01
However, the pressing situation caused the then chancellor of the Exchequer to completely change his position, announcing a £5 billion "windfall profiteering tax" on oil and gas companies to help pay for the plan.
-
Improved global economic outlook could boost oil demand Oil prices rose 3 percent to a one-week high on Wednesday
Time of Update: 2023-02-01
Oil prices rose 3 percent to a one-week high on Wednesday as hopes for an improved global economic outlook and anticipatory concerns about the impact of Western sanctions on Russian crude production overshadowed the impact of an unexpectedly large increase in U.
-
WTI broke above the $75 mark, but traders remained cautious
Time of Update: 2023-02-01
7% at midday on Monday after falling 8% last week, driven by the reopening of Asia and a weaker dollar, according to Oil Price Network on January 9.
-
International oil prices fall below the $90 mark? Are oil prices finally about to plummet?
Time of Update: 2023-02-01
Since the beginning of this year, the high international oil price has aroused the attention of the entire market, until recently oil prices have shown signs of falling, especially in recent days oil
-
Recession fears intensify International oil prices fell sharply last week
Time of Update: 2023-02-01
Weak manufacturing data from many countries triggered recession fears, and international oil prices fell sharply last week (the week ended August 5) due to the increase in US gasoline and crude oil inventories and a slight increase in OPEC+ production.
-
The 24,000-ton crude oil tanker No. 1 ship "Changjizhou" was delivered
Time of Update: 2023-02-01
Recently, the 24,000-ton crude oil ship "Changjizhou" ship No. 1, built by China Shipbuilding Group Wuchang Shipbuilding for China Merchants Nanyou under Changhang Group, was delivered at Nantong Term
-
Where do crude oil tankers stand in the oil value chain?
Time of Update: 2023-02-01
Cost structureThe shipowner leases the vessel to the customer for gross income – "freight", and the owner's liability usually covers the entire voyage from the port of loading to the port of discharge.
-
Qingdao Petrochemical: Annual production and sales of low-sulfur ship fuel reached a record high
Time of Update: 2023-02-01
In terms of transformation and development, we will increase the intensity of "oil conversion" and "oil conversion", continuously expand the market promotion, give full play to the advantages of MFP technology, link the advantages of increasing the production of high value-added propylene products and low-sulfur ship-fired green products, dig deep into cost-benefit points, optimize the inventory structure, shorten the process time of key nodes of planning, transportation and processing, and continue to increase the efficiency growth points.
-
Analysts: Low-sulfur fuel oil will follow crude oil fluctuations
Time of Update: 2023-02-01
" Zheng Mengqi said that considering that the diesel cracking spread is at a high level, its absolute price still fluctuates with crude oil, and the future market needs to further track the release rhythm of the supply side.
-
EIA predicts that global oil consumption will hit a new high in 2024 and oil prices will fall by more than 20%.
Time of Update: 2023-02-01
S. Energy Information Administration (EIA) expects global consumption of liquid fuels such as gasoline, diesel, and jet fuel to reach record highs in 2024.
S. Energy Information Administration (EIA) expects global consumption of liquid fuels such as gasoline, diesel, and jet fuel to reach record highs in 2024.
-
The fuel oil company is the world's first intelligent unmanned system research mother ship "Zhuhai Yun" sea trial to supply fuel
Time of Update: 2023-02-01
Recently, fuel oil company in Guangzhou Changzhou Island is the world's first intelligent unmanned system mother ship "Zhuhai Yun" sea trial refueling 103 tons of light marine fuel oil, providing strong impetus for China's first marine fully intelligent scientific expedition.
-
The market maintains optimistic expectations International oil prices rose on January 10
Time of Update: 2023-02-01
S. Energy Information Administration report estimates that global average liquid fuel production is expected to increase from 100 million barrels per day in 2022 to 102.
S. Energy Information Administration report estimates that global average liquid fuel production is expected to increase from 100 million barrels per day in 2022 to 102.
-
The relationship between supply and demand in the international crude oil market has entered a readjustment
Time of Update: 2023-02-01
With the continuous optimization of China's domestic epidemic prevention and control policies, the demand for gasoline, aviation kerosene and other oil products linked to residents' travel is expected to contribute to the ultra-seasonal increase, which will drive international oil prices up.
-
Mechanism: Fuel oil rebounds sharply There are three influencing factors
Time of Update: 2023-02-01
【Core logic】The first batch of low-sulfur fuel oil export quotas in 2023 was recently issued, totaling 8 million tons, an increase of 1.
【Core logic】The first batch of low-sulfur fuel oil export quotas in 2023 was recently issued, totaling 8 million tons, an increase of 1.
-
Bears dominated crude oil under recession trading, and lower oil prices eased global inflationary pressures
Time of Update: 2023-02-01
Bears began to dominate commodity markets amid recession trading, and as of the evening of August 4, WTI crude had fallen below $90 a barrel for the first time since geopolitical conflict, a far cry from the year's high of $130.
-
The rise in crude oil prices has pushed up performance, and "three barrels of oil" have started a new energy journey
Time of Update: 2023-02-01
Upstream performance increased significantlySpecific to the "three barrels of oil", in the first three quarters of 2022, the performance of the upstream sector of PetroChina, Sinopec and CNOOC achieved substantial growth year-on-year.
