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Russian media article: Why the United States is eyeing Venezuelan oil
Time of Update: 2023-01-01
On November 29, the website of Russia's newspaper Izvestia published an article titled "Showing Opposition: Why the United States Wants to Get Venezuelan Oil Back," written by Maria Vasilieva.
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The Russian deputy prime minister warned: even if production is cut, it will not accept the price limit order on Russian oil
Time of Update: 2023-01-01
According to a report by the Russian Satellite News Agency on December 4, Russian Deputy Prime Minister Alexander Novak said that Russia's attitude towards the "oil price ceiling" policy has not changed, which is a barbaric and non-market tool, and Russia will only export oil and petroleum products to countries that purchase energy at market prices, even if it has to reduce production.
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The dollar index plummeted! OPEC's November crude oil production hit the biggest drop in nearly two years, and Russia's seaborne oil prices were limited.
Time of Update: 2023-01-01
News of layoffs came from the two financial giantsAccording to Reuters local time on December 1, Morgan Stanley CEO James Gorman said that Wall Street is facing pressure to slow down trading due to monetary tightening, and the company is laying off employees moderately around the world.
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The new storage capacity is 2.4 million cubic meters, and the crude oil commercial reserve (phase II) of Qingdao Port in Shandong Port is put into operation
Time of Update: 2023-01-01
4 million cubic meters, after the project is put into operation, the design annual storage capacity of Shandong Port Qingdao Port Dongjiakou Port Area will exceed 9.
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Brent crude oil fell below the $80/barrel mark, and the main 2305 contract of fuel oil futures fell 4.08%
Time of Update: 2023-01-01
Dai Jialing, a researcher at Zhongrong Huixin Futures, said that on the supply side, the price limit for crude oil for Russia is set at $60 / barrel, and with the official landing of this sanction, Russia's crude oil production will decline, and the output of high-sulfur fuel oil will also decline in the later stage.
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OPEC+ maintains production cuts, what will oil prices do?
Time of Update: 2023-01-01
With the EU ban coming into effect and price cap negotiations progressing, international oil price volatility has intensified recently, and the market is closely watching the global energy supply situ
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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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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: 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.
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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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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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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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Stock up on oil for the winter? The U.S. Department of Energy intends to suspend sales of the Strategic Petroleum Reserve
Time of Update: 2023-01-01
Previously, in order to calm inflation, the Biden administration announced the release of 1 million barrels of oil per day from May to October, a total of 180 million barrels, which also caused the US Strategic Petroleum Reserve to fall to a new low since the mid-80s.
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China's independent refinery imports are becoming more concentrated
Time of Update: 2023-01-01
It is worth noting that while the volume and price of imported crude oil are declining, the characteristics and trends of diversification of import sources are also more obvious, and the imported oil types of independent refineries tend to be concentrated.
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Russia brews oil embargo to fight back against "price limit order"
Time of Update: 2023-01-01
Lin Boqiang, director of the China Energy Policy Research Institute of Xiamen University, told reporters on November 27 that if Russia issues this decree, then global oil prices will face a sharp rise, which will have a greater impact on inflation in Europe and the United States in the short term.
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Russian Foreign Ministry: Limiting the price of Russian oil will complicate the situation in the global energy market
Time of Update: 2023-01-01
Russian Foreign Ministry spokesperson Zakharova said at a press conference on the 30th that setting a price cap on Russian oil will complicate the situation in the global energy market.
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Market concerns about demand outlook continue International oil prices fell significantly on December 6
Time of Update: 2023-01-01
The US Energy Information Administration's short-term energy market report for December released on the 6th predicts that global oil inventories will fall by 200,000 barrels per day in the first half of next year and increase by nearly 700,000 barrels per day in the second half of next year, thus lowering the price forecast for Brent crude oil futures in 2023 from $95 per barrel to $92 per barrel.
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OPEC+ announced that it would keep its oil production quota unchanged
Time of Update: 2023-01-01
At the last ministerial meeting in October between OPEC members led by Saudi Arabia and non-OPEC producers such as Russia, it was agreed that crude oil production would be cut by an average of 2 million barrels per day per month from November on the basis of August production.
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Shandong Province barrier consumers use "rest assured oil"
Time of Update: 2023-01-01
On December 7, the Information Office of the People's Government of Linyi City, Shandong Province held a press conference to report the results of the city's industrial product inspection and testing
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Neptune Energy has discovered new oil and gas in the Norwegian Sea
Time of Update: 2023-01-01
On December 2, Neptune Energy and its licensing partners announced a new discovery at the Calypso exploration well (PL938) in the Norwegian Sea, World Oil Network reported on Dec. 2.
