-
Kunlun Tianrun series of fully synthetic high-performance lubricants were upgraded and launched
Time of Update: 2022-11-15
The upgraded Tianrun SP\A3/B4 series products are all fully synthetic oils, with better high temperature resistance and clean environmental performance, outstanding high and low temperature performance, full-time protection of the engine, help carbon emissions, and more environmentally friendly.
-
EIA crude inventories rose more than expected but not as much as API, and U.S. oil rose $1 in the short term
Time of Update: 2022-11-15
478 million barrels versus an expected decrease of 805,000 barrels; the previous value decreased by 114,000 barrels; the actual increase in EIA refined oil inventories in the United States for the week ended October 21 was 170,000 barrels vs.
-
Institutional view: The recent unilateral price drive of fuel oil is still mainly from crude oil
Time of Update: 2022-11-15
Zhongcai Futures said that with the end of the peak period of summer electricity consumption, the demand for high-sulfur fuel oil at the power generation end will gradually decline, and high-sulfur will be further pressured.
-
Implement the "100-day double sweep" campaign to ensure the safe production of the commercial (refined oil) industry
Time of Update: 2022-11-15
Since October, the Bureau of Commerce of Xiangyang City, Hubei Province has consolidated its responsibilities layer by layer, conscientiously done a good job in the safety production of the commercial and trade (refined oil) industry, and implemented the "100-day double sweep" action for safe production.
-
Institutions: Oil prices rose slightly
Time of Update: 2022-11-15
At present, the main logic that dominates oil prices is still the economic downturn expectation in the context of the Fed's interest rate hike VS the risk premium caused by the insufficient spare capacity under the control of OPEC+ and the Russia-Ukraine conflict, and the long-short force is more balanced.
-
Lubricant company won the "2022 Green and Sustainable Development Contribution Award"
Time of Update: 2022-11-15
In recent years, lubricant companies have actively carried out supporting lubrication of related equipment, promoted domestic substitution, developed green products in all fields, vigorously promoted green circular packaging, and committed to building a clean, low-carbon and sustainable green enterprise.
-
U.S. commercial crude oil inventories fell last week International oil prices rose on November 2
Time of Update: 2022-11-15
Due to the decline in US commercial crude oil inventories last week, international crude oil futures prices fell in the overnight market, and they rose significantly higher in the morning of November 2 and closed higher.
-
Institutions: Recession drags down Oil prices plunged to near an eight-month low
Time of Update: 2022-11-15
Under the background of global central banks raising interest rates to fight inflation, recession fears have intensified; In addition, China's crude oil imports fell sharply year-on-year in August, weighing on market confidence, and the control caused by repeated epidemics dragged down oil demand.
-
Crude oil fell as recession and demand concerns prevailed
Time of Update: 2022-11-15
Oct. 11 News: On Tuesday (Oct. 11), crude oil futures fell about 2%, extending a weak trend of nearly 2% on Monday, as recession prospects and concerns about slowing fuel demand caused by the epidemic in China.
-
Crude oil closes: demand outlook offsets OPEC production cut expectations Crude oil closed slightly lower
Time of Update: 2022-11-15
News on September 30, concerns about the outlook for energy demand partially offset the impact of possible OPEC+ production cuts, and crude oil futures closed slightly lower.
-
Shanghai medium-term futures: The possibility of OPEC production cuts has pushed oil prices higher
Time of Update: 2022-11-15
In late August, Yanshan Petrochemical 2# atmospheric pressure relief unit and Hohhot Petrochemical were still under maintenance, and Yumen Petrochemical, North China Petrochemical and Dalian Xitai Petrochemical may gradually end their maintenance, and it is expected that the average operating load of domestic main refineries will continue to rise.
-
Crude Oil Trading Alert: The US only has 25 days of diesel supply! Surge in demand supports oil prices
Time of Update: 2022-11-15
At the beginning of the Asian market on Thursday, October 20, U. S. oil traded near $84. 76 / barrel; Oil prices rose more than 2. 5 percent on Wednesday as caution about tighter supply offset uncerta
-
Institution: In the short term, high-sulfur fuel oil may continue to operate weaker than low-sulfur
Time of Update: 2022-11-15
57% at 2569 yuan / ton; The main contract for low-sulfur fuel oil, LU2301, closed down 2.
57% at 2569 yuan / ton; The main contract for low-sulfur fuel oil, LU2301, closed down 2.
-
Crude oil rose about 3 percent as the U.S. announced the release of more crude inventories
Time of Update: 2022-11-15
Analysts pointed out that from a realistic point of view, the release of strategic inventories is negative in the near term and positive in the long term, because eventually the United States will have to buy back these crude oils.
-
Institutions: Concerns about the demand outlook, weaker oil prices
Time of Update: 2022-11-15
In September, North China Petrochemical and Hohhot Petrochemical will gradually end the maintenance, Yanshan Petrochemical 2# atmospheric pressure reducing device will still be in the maintenance period, no new refinery maintenance, it is expected that the average operating load of domestic main refineries in September or continue to rise.
-
Fuel oil bears still dominate
Time of Update: 2022-11-15
Last Friday, among the top 20 seats in the long and short ranking of fuel oil futures 2301 contracts, the total number of short orders reduced by the main bears exceeded the total number of long orders reduced by the main bulls, resulting in a narrowing of the net short position to 30,522 lots, indicating that the main bears still occupy a certain advantage.
-
Lubricant company focuses on regional operations to increase sales of synthetic greases
Time of Update: 2022-11-15
The lubricant company attaches importance to the market development of synthetic grease and uses four focus tactics to improve the development effect of synthetic grease market.
-
Summer demand peak past In the short term, high sulfur may continue to operate weaker than low sulfur
Time of Update: 2022-11-15
4. Overall, due to the low inflow of arbitrage cargo, the Asian low-sulfur fuel oil market will maintain a tight supply situation in the near future; At the same time, the increase in pre-season terminal filling activities at the end of the year, seasonal power generation demand from Japan and South Korea is also supporting the market.
-
Crude oil supply risks have intensified again! EIA lowered its U.S. oil production forecast for next year
Time of Update: 2022-11-15
It is learned that on Wednesday (September 7) Eastern time, the US Energy Information Administration (EIA) released its monthly report, lowering its annual oil production target and raising the global demand outlook, which further increased supply risks at a time when OPEC and its allies plan to cut production to defend crude oil prices.
-
Crude oil continues to be under pressure, and short-term storage is expected to be short
Time of Update: 2022-11-15
Crude oil continues to be under pressure, and short-term storage is expected to be shortFundamental Summary: Standard Chartered analysts said that international oil prices continued to plummet, due to an unexpected increase in crude oil production and another round of selling in the Strategic Petroleum Reserve, but the oil market did not collapse, but only reacted to oversupply.
