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Institution: Fuel oil maintained weak consolidation in the short term
Time of Update: 2023-01-01
From the short-term logic, the rise in floating warehouse stocks has formed a greater drag on fuel oil, but because FU01 is close to the delivery month, and the futures warehouse receipt is only 2680 tons, the internal and external price difference has not yet been opened, and it is still not bearish, Singapore's diesel cracking has plummeted, suppressing low sulfur prices.
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Demand was sluggish, with retail gasoline prices in the United States hitting a nine-month low around Thanksgiving
Time of Update: 2023-01-01
Before the European stock market on Monday, the US WTI crude front-month contract fell below $74, hitting a new intraday low since the end of December last year, down about 3.
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Foreign exchange reserves are in short supply Ghana and Dubai refiners reach a "gold-for-oil" agreement
Time of Update: 2023-01-01
8 billion a year on fuel oil, while the West African country's foreign exchange reserves have shrunk by 38 percent to $6.
8 billion a year on fuel oil, while the West African country's foreign exchange reserves have shrunk by 38 percent to $6.
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Fuel Oil December Monthly Report: Terminal ship bunkering demand supports the fuel oil market
Time of Update: 2023-01-01
High sulfur fuel oil increased significantly in demand at the bunkering and refinery feed end due to its economy, and the market structure strengthened and rebounded in November.
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Fuel oil: Low-sulfur fuel oil supply has tightened to some extent
Time of Update: 2023-01-01
85 million barrels in the week of November 25, the largest decline since the week of July 2, 2021, but the accumulation of refined oil products exceeded expectations, of which US gasoline inventories increased by about 2.
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When it comes to oil production, OPEC+ made its latest announcement
Time of Update: 2023-01-01
Photo by Xinhua News Agency reporter Ren PengfeiDue to market concerns about the world economic outlook, the decision of major oil-producing countries to cut production significantly failed to effectively support international crude oil prices.
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Pujiang County, Zhejiang Province issued an announcement on the clues of illegal business activities of requisitioning integrated oil
Time of Update: 2023-01-01
Announcement on the collection of clues about illegal business practices of integrated oilIn order to further standardize the operation order of the refined oil market and severely crack down on illegal acts of refined oil operation, the Office of the Joint Conference on Special Rectification Work of the County Refined Oil Market decided to open the public to solicit clues about illegal acts of integrated oil operation.
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Energy stocks appear to be particularly vulnerable to the sell-off in crude oil
Time of Update: 2023-01-01
28 at the time on June 8, 2022, the correlation coefficient between continuous crude oil futures and SPDR energy option industry ETF XLE was 0.
28 at the time on June 8, 2022, the correlation coefficient between continuous crude oil futures and SPDR energy option industry ETF XLE was 0.
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The US and the West "limit" the price of Russian oil stirred up the international market
Time of Update: 2023-01-01
Analysts here pointed out that no matter how effective the "price limit" sanctions of the United States and the West are in resolving the Russian-Ukrainian conflict, more importantly, it has undermined the principle of market mechanism for oil trading.
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Market sentiment has improved In the short term, fuel oil prices are expected to follow the range of crude oil
Time of Update: 2023-01-01
In addition, gasoline prices have begun to rise, refiners are once again diverting resources to produce gasoline and diesel, so refinery production in the region will also decline, and Singapore's low-sulphur marine fuel oil market supply will be supported.
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U.S. crude inventories fell the most in more than three years last week, crude oil and other exports hit a new high, and the European Union price ceiling may be lowered
Time of Update: 2023-01-01
77 million barrels in the week of Nov. 25, versus an expected increase of 2.
77 million barrels in the week of Nov. 25, versus an expected increase of 2.
77 million barrels in the week of Nov. 25, versus an expected increase of 2.
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The Ganzhou District North Street Market Supervision Institute carried out a special inspection of the refined oil market
Time of Update: 2023-01-01
In order to standardize the operation order of the refined oil market and protect the legitimate rights and interests of consumers, the Ganzhou District North Street Market Supervision Institute has carried out a special rectification inspection of the refined oil market.
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Crude oil upward momentum is coming? OPEC oil production fell the most in more than two years in November, and the U.S. Department of Energy sought to suspend the sale of strategic oil reserves
Time of Update: 2023-01-01
International crude bulls may usher in a positive situation: OPEC production fell sharply in the latest month, and officials at the US Department of Energy revealed that they seek to suspend the sale of oil reserves.
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Institution: In the short term, it is expected that the absolute price of fuel oil may follow the range of crude oil
Time of Update: 2023-01-01
39% at 2628 yuan / ton; The main contract for low-sulfur fuel oil LU2302 closed up 5.
39% at 2628 yuan / ton; The main contract for low-sulfur fuel oil LU2302 closed up 5.
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The Lamadian Branch of the Daqing Public Security Bureau in Heilongjiang Province cracked a case of crude oil theft
Time of Update: 2023-01-01
After interrogation, the criminal suspects Han Moukun, Shen Mouyu, and Dong Moupeng truthfully confessed the illegal and criminal facts of stealing crude oil.
After interrogation, the criminal suspects Han Moukun, Shen Mouyu, and Dong Moupeng truthfully confessed the illegal and criminal facts of stealing crude oil.
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U.S. commercial crude oil inventories fell more than expected last week International oil prices rose significantly
Time of Update: 2023-01-01
Data released by the US Energy Information Administration on the 30th showed that the US commercial crude oil inventory last week was 419.
Data released by the US Energy Information Administration on the 30th showed that the US commercial crude oil inventory last week was 419.
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The EU reached a preliminary agreement on a price limit on Russian seaborne oil
Time of Update: 2023-01-01
On December 1, local time, according to Reuters, an EU official revealed that in addition to Poland, EU countries have agreed to limit the price of EU imports of Russian seaborne oil to $60 per barrel.
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Crude Oil Closes: Weighing Energy Demand Outlook Crude oil closed slightly lower and hit a new one-year low
Time of Update: 2023-01-01
S. oil futures closed higher on Monday, recovering from the morning decline in the West Texas Intermediate crude contract that briefly erased gains so far this year.
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Russian scholar: The EU's "price limit order" on Russian oil is difficult to work
Time of Update: 2023-01-01
But this does not mean that Russia will completely stop oil exports to the EU, it will continue to supply oil to Central and Eastern European countries, especially Hungary.
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Crude oil closes: inventories fall crude hits one-year high But fell sharply again this month
Time of Update: 2023-01-01
News on December 1, US dollar crude oil inventory data fell for three consecutive weeks, while investors weighed demand expectations and OPEC+ production reduction expectations, crude oil futures closed higher and hit a one-year high; But it still recorded a decline this month, the fifth monthly decline in six months.
