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The weakness of short-term terminal consumption is difficult to change or a drag on copper prices
Time of Update: 2022-12-16
The average price of Yangtze River nonferrous metal network 1# copper was 46638 yuan / ton, up 88 yuan / ton per day, and the weekly line rose 0.
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EIA crude oil inventories and refined product inventories both unexpectedly decreased, and U.S. oil soared $0.8 in the short term
Time of Update: 2023-03-25
S. EIA showed that the commercial crude oil inventories in the United States, excluding strategic reserves, were less than expected in the week ended October 15 and unexpectedly recorded a negative value.
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EIA crude inventories unexpectedly fell by 2 million barrels, and U.S. oil jumped $0.4 in the short term
Time of Update: 2023-03-23
S. commercial crude oil inventories excluding strategic reserves unexpectedly fell in the week ended November 12, and were less than the previous market expected growth, refined oil inventories and gasoline inventories declined.
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Many countries release crude oil reserves to stabilize oil prices Industry insiders: It may not be easy to reverse the trend in the short term
Time of Update: 2023-03-21
For example, the United States announced that it would release 50 million barrels of strategic crude oil reserves in mid-to-late December, and India, Japan, the United Kingdom, South Korea, etc.
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EIA refined oil inventories increased sharply, U.S. oil fell slightly in the short term, Goldman
Time of Update: 2023-03-21
The recent release of strategic crude oil reserves by the Omicron variant virus and the United States has put heavy pressure on oil prices, but given the current imbalance between supply and demand in the global market, Goldman Sachs and JPMorgan Chase remain optimistic about the outlook for oil prices.
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EIA crude oil inventories and refined oil inventories both fell sharply, and U.S. oil rose slightly by $0.3 in the short term
Time of Update: 2023-03-19
S. consumers' inflation expectations for the coming year rose to a new high of 6 percent, the 13th straight month of rise and the highest since the survey began in 2013.
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EIA crude oil inventories fell more than expected, refined oil inventories fell sharply, and U.S. oil soared $1.20 in the short term
Time of Update: 2023-03-17
Venezuela has doubled its crude oil production this yearOn December 24, Venezuela's state oil company announced that it had produced more than 1 million barrels per day of oil for the first time in three years, which the country's oil minister, Tarek El Aisami, called a "great victory" in a Christmas speech.
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EIA crude oil inventories fell more than expected, and U.S. oil jumped $0.4 short-term
Time of Update: 2023-03-15
S. EIA showed that commercial crude oil inventories in the United States, excluding strategic reserves, fell more than expected in the week ended January 7, but refined oil inventories and gasoline inventories increased more than expected.
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Whether the rise in oil prices is a temporary phenomenon or a long-term trend
Time of Update: 2023-03-13
The International Energy Agency recently released a report pointing out that as major oil-producing countries expand production, crude oil production will gradually catch up with demand, supply tightness is expected to ease, and the upward trend of oil prices will also slow down.
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World's largest oil trader: Oil prices are expected to remain above $100 "for the long term"
Time of Update: 2023-03-10
Russell Hardy, CEO of Vitol Group, the world's largest independent oil trader, said in an interview that oil prices could remain above $100 a barrel "for a long time" in the next 6 to 9 months as global demand sets a new record this year.
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Oil prices have finally returned to normal, and the response strategy is long-term
Time of Update: 2023-03-09
Therefore, supply and demand remain the fundamental driver and decisive factor of long-term oil prices, but financial, geopolitical and market speculative forces will increase the magnitude of oil price fluctuations.
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It is difficult to solve the problem in the short term High oil prices are hindering the steady recovery of the world economy
Time of Update: 2023-03-09
While the world economy is under the high cost pressures of inflation, international oil prices are also rising under the stimulus of increased geopolitical risks.
While the world economy is under the high cost pressures of inflation, international oil prices are also rising under the stimulus of increased geopolitical risks.
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IEA members may agree this week to release 70 million barrels of oil reserves as international crude oil pulls back in the short term
Time of Update: 2023-03-08
On Monday, February 28, Eastern time, the Wall Street Journal reported that the members of the International Energy Organization IEA may agree to release 70 million barrels of oil reserves as early as Monday or Tuesday (Bloomberg reported that it weighed the release of about 60 million barrels), international oil prices once fell short-term, WTI crude oil fell more than $1 short-term to $94.
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Jiangsu ranks first in the country in terms of the number of enterprises with a maturity level of intelligent manufacturing capability level 2 and above
Time of Update: 2023-03-03
In March 2022, China Electronics Standardization Research Institute released the "Intelligent Manufacturing Development Index Report (2021)", and the number of enterprises in Jiangsu Province that participated in the self-diagnosis of intelligent manufacturing capability maturity and reached maturity level 2 or above ranked first in the country .
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Crude oil bearish is frequent, causing short-term disk pressure
Time of Update: 2023-03-03
Another oil price bearish in recent days is that after a large-scale attack on Saudi oil facilities, Yemen's Houthis announced the start of a unilateral ceasefire.
Another oil price bearish in recent days is that after a large-scale attack on Saudi oil facilities, Yemen's Houthis announced the start of a unilateral ceasefire.