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How long is the oil boom cycle going on?
Time of Update: 2022-10-18
Brent crude oil futures prices once hovered in the $100 to $120 range, resulting in soaring refining margins, coupled with companies to further control costs, in addition to Saudi Aramco, several other oil majors, such as ExxonMobil, Shell, Chevron and other second-quarter earnings are very strong.
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Japanese media: European and American oil giants accelerate the layout of new energy
Time of Update: 2022-10-18
Companies will accelerate the shift to a profit structure that relies on fossil fuels, but the stock market does not value renewable energy investments that do not generate short-term benefits.
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China's remaining proven technology recoverable reserves of oil have reached 3.689 billion tons
Time of Update: 2022-10-18
Since the 18th National Congress of the Communist Party of China, the construction of green mines has become an important platform and vivid practice for promoting the construction of ecological civilization in the mining field from initiative exploration, to pilot demonstration, and then to the promotion of linkage between the upper and lower levels.
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Namibia Official: Total and Shell have explored amazing oil reserves! Up to billions of barrels
Time of Update: 2022-10-18
According to the British Reuters news agency reported on the 3rd, Namibia's Minister of Mines and Energy recently said that the oil resources explored by Total Energy and Shell Oil in Namibia have commercial value, and reserves can reach "billions (barrels)".
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In the first half of the year, crude oil products maintained an increase in production of refining overcapacity
Time of Update: 2022-10-18
According to the 2022 mid-year analysis report of the refined oil market released by Longzhong Information, in the first half of this year, the opening price of the gasoline market was 7840 yuan / ton, and the closing price was 9352 yuan / ton, up 1512 yuan / ton, an increase of 19.
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Oil prices fluctuate sharply or accelerate a recession
Time of Update: 2022-10-18
When people in the industry are generally optimistic about the future market and believe that international crude oil prices will be soaring all the way in the second half of this year, oil prices have turned downwards, falling by 30% in just two months.
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On October 10, the price adjustment of domestic refined oil products may usher in the first stranded in the year
Time of Update: 2022-10-18
Since October, the international crude oil futures price has achieved "five consecutive increases", the negative range of the average price change rate of the basket of crude oil has narrowed significantly, and it is expected that the domestic refined oil price adjustment at 24:00 on October 10 will be stranded for the first time this year.
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The draft regulations on the supervision and management of refined oil products were submitted for consideration for the first time
Time of Update: 2022-10-18
On the afternoon of August 29, Luo Wenzhi, director of the Standing Committee of the Shenzhen Municipal People's Congress, presided over the 11th meeting of the Standing Committee of the Seventh Munic
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Build a multi-energy complementary green supply system Shengli Oilfield ensures energy supply security
Time of Update: 2022-10-18
From January to August, the production of crude oil was 15. 6001 million tons, an increase of 24,800 tons year-on-year; the production of natural gas was 520 million cubic meters, an increase of 124 m
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The EIA report announced: Crude oil inventories have fallen for two consecutive weeks, and gasoline demand has fallen sharply
Time of Update: 2022-10-18
The EIA report shows that domestic gasoline demand fell by more than 900,000 barrels last week, while crude oil inventories shrank for the second consecutive week.
The EIA report shows that domestic gasoline demand fell by more than 900,000 barrels last week, while crude oil inventories shrank for the second consecutive week.
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Biden was terrified! The U.S. is considering buying less than $80 of oil, its reserves are at its lowest level since 1984, but it opposes Trump doing so?
Time of Update: 2022-10-18
(Source: Politico)The scope of the investigation is unclear, but according to people familiar with the matter who asked to discuss the ongoing investigation anonymously, the grand jury summons and search warrants issued by the Justice Department in recent days have touched on a number of topics, including Trump's political action committee.
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Expectations of a U.S. interest rate hike have caused oil prices to fall
Time of Update: 2022-10-18
This downward trend is only the latest volatility on Thursday as the market tries to understand the impact of rate hikes on crude oil demand, rather than the impact of OPEC+ production cuts on supply.
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Cut 2 million b/d, OPEC+ drastically cut production! Foreign media: The United States is both angry and panicked
Time of Update: 2022-10-18
463 per barrel, up more than 15% for the week, while WIT crude oil futures are priced at $93.
463 per barrel, up more than 15% for the week, while WIT crude oil futures are priced at $93.
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The G7 invited China to participate in the sanctions against Russian Oil, and our Foreign Ministry made it clear and opposed the Western First Army
Time of Update: 2022-10-18
If the United States and the West successfully implement the price limit on Russian crude oil, it will set an extremely dangerous precedent, that is, individual countries or groups of countries will use political manipulation to fully control the main export path of a country.
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The gap between private gas stations and "three barrels of oil"
Time of Update: 2022-10-18
1. Gasoline channels and technical sources are differentPetroChina, Sinopec, and CNOOC "Three Barrels of Oil" are all state-owned enterprises, the earliest oil companies to be established, and all have their own refineries, but there are differences between them.
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U.S. shale industry executives: Europe cannot be saved by increasing oil and gas production, and Europe is really cold this winter
Time of Update: 2022-10-18
Oil and gas are non-renewable energy, use a little less will be less, who doesn't want low output and high income, can sell more money?Stupid Europe is an iron-hearted United States as its most reliable ally, do not know that the United States is a complete mercenary guy, full of benevolence and morality, in fact, extremely despicable and shameless.
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Press: The EU plans to set a price cap on Russian oil
Time of Update: 2022-10-18
Bloomberg reported that after Russia announced a partial mobilization, EU countries are planning to conclude a deal within weeks to set a cap on Russian oil prices.
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Ensuring energy security is inseparable from international cooperation
Time of Update: 2022-10-18
In the face of the current international energy situation, strengthening and deepening international energy cooperation is undoubtedly conducive to ensuring China's energy security and sustainable development.
In the face of the current international energy situation, strengthening and deepening international energy cooperation is undoubtedly conducive to ensuring China's energy security and sustainable development.
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OPEC and non-OPEC producers have decided to restore total oil production in October to August levels
Time of Update: 2022-10-18
The meeting also decided to hold the 33rd ministerial meeting between OPEC and non-OPEC oil producers on 5 October this year.
The meeting also decided to hold the 33rd ministerial meeting between OPEC and non-OPEC oil producers on 5 October this year.
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The oil and gas industry is riveting to promote the increase of reserves and production
Time of Update: 2022-10-18
A few days ago, the National Energy Administration organized the first half of 2022 oil and gas situation analysis meeting pointed out that under the situation of prominent contradictions between inte
