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Crude oil closes: weighing energy demand and the impact of Russia's oil ban Crude oil rebounded from a three-week low to close higher
Time of Update: 2022-11-25
Russia's more than 1 million barrels per day oil exports will be broken in a matter of weeks as Europe's ban on Russian crude imports and plans to limit the selling price of Russian crude take effect, the International Energy Agency said on Tuesday.
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A number of bearish pressures international oil prices fell by more than 3% on November 17
Time of Update: 2022-11-25
On a technical level, the price of front-month crude oil futures contracts fell below the 50-day moving average, which triggered the fund's liquidation, Keesler said.
On a technical level, the price of front-month crude oil futures contracts fell below the 50-day moving average, which triggered the fund's liquidation, Keesler said.
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US Treasury Secretary: China's purchase of Russian oil "fully conforms" with the plans of Western countries
Time of Update: 2022-11-25
S. Treasury Secretary Janet Yellen, who is attending the G20 summit in Indonesia, said on November 14 that China's purchase of Russian oil is "fully in line" with the plans of Western countries.
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Guangzhou enterprises achieved the first cross-regional bonded oil direct supply in the province
Time of Update: 2022-11-25
On November 12, the oil barge "Hongheng 99" of Guangzhou PetroChina Fuel Oil Co. , Ltd. set off from Guangzhou Nansha Xiaohu Petrochemical Terminal to Chiwan Bulk Terminal in Shekou, Shenzhen, to fill
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Crude fell more than $3 a barrel on concerns about rising U.S. interest rates and demand prospects
Time of Update: 2022-11-25
International crude oil futures fell more than 3% on Thursday (Nov. 17) as hawkish comments from Fed officials undermined market expectations that the Fed would slow its interest rate hikes.
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Crude oil: OPEC cuts oil demand growth forecast, oil prices tumbled more than 4%
Time of Update: 2022-11-25
31 per barrel; Oil prices fell more than 4 percent on Monday, dragged down by a stronger dollar, rising pandemic fears and OPEC's fifth cut forecast for oil demand growth this year since April, and further cut its growth forecast for next year.
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Guangxi Guilin Launches Refined Oil Express Inspection Vehicles There are new means to crack down on "problem" diesel
Time of Update: 2022-11-25
"This diesel sample test shows that it is unqualified!" On November 8, when the market supervision department of Guilin City, Guangxi Province, conducted a surprise inspection of oil products of a "oil flash" distribution vehicle in Sanjie Town, Lingchuan County, Guilin City, as the inspection report was printed, the refined oil rapid inspectors took less than 20 minutes to obtain the preliminary result of "unqualified" diesel samples.
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Guangzhou issued an emergency plan for the supply of refined oil to ensure the supply of refined oil market during the epidemic
Time of Update: 2022-11-25
The reporter learned from the Guangzhou Municipal Bureau of Industry and Information Technology on November 16 that Guangzhou started from ensuring market supply, carrying out special crackdowns, stre
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China Petroleum and Chemical Industry Federation Initiative: Win-win cooperation to ensure the stability of the international energy supply chain
Time of Update: 2022-11-25
" Li Yunpeng, on behalf of the China Petroleum and Chemical Industry Federation, proposed that in order to maintain the openness and cooperation of the world's petrochemical industry, closure will only lag behind, and there is no way out for retrogression.
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China's first 100% petroleum coke hydrogen production combined plant produces qualified hydrogen
Time of Update: 2022-11-25
On November 16, the Guangdong Petrochemical Petroleum Coke Hydrogen Production Joint Unit, which was contracted by the PC general contractor of Huanqiu Engineering Company and constructed by Huanqiu Jilin Chemical Construction Company, successfully produced qualified hydrogen.
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U.S. WTI crude closed down 4.6% at its lowest close since late September
Time of Update: 2022-11-25
S. WTI crude oil futures closed down nearly 5% on Thursday, hitting its lowest closing price since the end of September.
S. WTI crude oil futures closed down nearly 5% on Thursday, hitting its lowest closing price since the end of September.
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The Ukrainian side stopped pumping oil in the direction of Hungary through the "friendship" pipeline
Time of Update: 2022-11-25
Hungarian Foreign Minister Szijjártó stressed at the beginning of last month's plan that Hungary would not send personnel to participate in military training programs, and would not provide financial support for them.
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Druzhba oil pipeline supply interrupted International oil prices rose on November 15
Time of Update: 2022-11-25
The November oil market report released by the International Energy Agency on the 15th said that due to huge economic headwinds, global oil demand will increase by 1.
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Organization of the Petroleum Exporting Countries Again Lowered Global Oil Demand Forecasts International oil prices fluctuated to the downside
Time of Update: 2022-11-25
The economic situation is grim and global oil demand is expected to be lowerAfter sharply lowering its global oil demand forecast in October, OPEC once again lowered its global oil demand forecast in its monthly report this month, emphasizing that macroeconomic challenges such as high inflation and rising interest rates are the main reasons for the contraction of market demand.
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The first bonded fuel filling operation of Shanghai bonded ship fuel local license was completed
Time of Update: 2022-11-25
, a subsidiary of PetroChina SIPG, after obtaining the local license for bonded ship bunkering, realized normalized bonded ship bunkering operations in Yangshan, Zhoushan and Ningbo ports through the cross-border and cross-port mode, and has completed more than 580 bunkering trips and 550,000 tons of bonded oil so far.
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Crude oil has limited space above and below
Time of Update: 2022-11-25
Russian crude oil seaborne export data show that although Russia's crude oil exports to Europe fell sharply in May, after four months of adjustment, Russia's total exports remained above 3 million barrels per day, and Russia's maritime exports increased in the short term, which does not rule out the phenomenon brought about by the EU and other countries in incremental procurement before sanctions.
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Shanxi's "two supreme" projects welcome a new round of strict management involving coal, petroleum, and other industries
Time of Update: 2022-11-25
The reporter learned that the above main products or processes, and the annual comprehensive energy consumption of 50,000 tons of standard coal and above (thermal power generation, cogeneration is equivalent value, other industries are equivalent value) will be included in the scope of control of the "two highs" project, which will accelerate the pace of green transformation in the key industries of the "two highs".
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Dalian Petrochemical high melting paraffin is the first to reach full refining quality
Time of Update: 2022-11-16
On August 12, news came from Dalian Petrochemical Company that the oil content index of the company's high-melting paraffin products above No. 70 has achieved the best results in the same industry in China, and it is the first in the group company to meet the quality requirements of fully refined paraffin.
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The "six strengthening" of lubricant companies solidly promotes high-quality development
Time of Update: 2022-11-16
The second is to strengthen the treatment of both symptoms and root causes, and continue to promote high-quality management improvement activities.
The second is to strengthen the treatment of both symptoms and root causes, and continue to promote high-quality management improvement activities.
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Great Wall Lubricants appeared at the International Energy Industry Expo Fair
Time of Update: 2022-11-16
Great Wall Lubricants has been closely following the development of the energy industry to meet the trend of intelligent, green and low-carbon, long life, miniaturization and extra large machinery and equipment, and participated in the exhibition with two key products of AE5000 and hydraulic support concentrate.
