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The global cost of producing newly discovered petroleum resources fell to $47/bbl
Time of Update: 2023-03-22
Deepwater oil and gas remains one of the lowest-cost sources of new supply, with an average break-even price of $36 per barrel for deepwater oil.
Deepwater oil and gas remains one of the lowest-cost sources of new supply, with an average break-even price of $36 per barrel for deepwater oil.
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No. 92 gasoline was reduced by 0.11 yuan per liter
Time of Update: 2023-03-19
On the afternoon of December 17, the National Development and Reform Commission issued a notice that, according to the recent changes in oil prices in the international market, in accordance with the current refined oil price adjustment mechanism, from 00:00 on December 18, 2021, domestic gasoline will be reduced by 130 yuan per ton and diesel fuel by 125 yuan per ton.
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The average price of gasoline in South Korea exceeded 10 yuan per liter, a new high in nine and a half years
Time of Update: 2023-03-05
According to reports, this is the first time that the average gasoline price in South Korea has exceeded 2,000 won per liter since the fourth week of October 2012 (2003.
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IEA reserves may be able to make up for the supply gap, and U.S. oil fell more than 5% at one point to give up the gains since the Russian-Ukrainian war
Time of Update: 2023-03-01
93, the lowest since Feb. 25, almost erasing the gains since the Russia-Ukraine war, and oil prices were weighed on fears that the new crown epidemic will cut demand in Asian consumer powers, and the International Energy Agency's (IEA) country's plan to release a record number of strategic oil reserves will make up for Russia's 1 million barrels per day oil supply gap.
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Goldman Sachs lowered its price forecasts for Brent crude oil in the third and fourth quarters to $110/b and $125/b, respectively
Time of Update: 2023-02-01
" The bank lowered its Brent crude price forecasts for the third and fourth quarters to $110/b and $125/b, respectively, compared with $140/b and $130/b previously, and left unchanged at $125/b in 2023.
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Mechanism: Fuel oil rebounds sharply There are three influencing factors
Time of Update: 2023-02-01
【Core logic】The first batch of low-sulfur fuel oil export quotas in 2023 was recently issued, totaling 8 million tons, an increase of 1.
【Core logic】The first batch of low-sulfur fuel oil export quotas in 2023 was recently issued, totaling 8 million tons, an increase of 1.
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Deputy Prime Minister of Russia: There will be no oil supplies to countries that impose oil price limits
Time of Update: 2023-01-05
Russian Deputy Prime Minister Alexander Novak, who is in charge of energy, said on November 21 that Russia will not supply oil and petroleum products to countries that set a ceiling on oil prices, so Russia will reorient exports or reduce production.
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A picture of coal-fired power stations around the world
Time of Update: 2023-01-02
Source: Carbon Brief Today's data visualization from Carbon Brief plots the changing number of coal-fired power plants operating globally between 2000 and 2018.
Source: Carbon Brief Today's data visualization from Carbon Brief plots the changing number of coal-fired power plants operating globally between 2000 and 2018.
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JDR Cable launches IWOCS leasing service to facilitate offshore oil and gas operators
Time of Update: 2022-12-28
” ， The IWOCS lease service for JDR Cable provides offshore oil and gas operators with a way to increase subsea well production through temporary connections without capital expenditure investment.
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October 20 Lun aluminum noon review
Time of Update: 2022-12-26
Lun aluminumOil prices rebounded, supply tightened to offset uncertainties and the negative impact of the release of crude oil by the United States, so oil prices fluctuated higher to boost the commodity market, overnight Lun aluminum intraday fluctuations, sideways strong finishing close Xiaoyang, the latest closing quotation of 2190 US dollars / ton, closed up 10 US dollars, up 0.
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The market trading atmosphere is light Polyethylene may remain weak
Time of Update: 2022-12-25
But then the market support is insufficient, the bearish factors are obvious, with the weakening of international crude oil prices, the cost support is limited, and the weak demand situation has not improved for the time being, the downstream more maintain on-demand replenishment, the enthusiasm for entering the market is not good, the market trading atmosphere is light, the merchant price continues to decline, and the main profit is actively let the profit shipment.
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PVC prices operate in a narrow range It is recommended to wait and see
Time of Update: 2022-12-25
The market expects the probability of a 75 basis point rate hike by the Fed in September to rise; PVC fundamentals have improved slightly in the short term, but social stocks are still high; Some devices on the supply side have unexpectedly stopped and the start time is uncertain; Although the spot price rose slightly, the transaction follow-up was not good.
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Shanghai copper continues to fall sharply Consumption performance is weak under the fear of decline
Time of Update: 2022-12-25
Shanghai copperOn Monday, the electrolytic copper spot contract for the month was reported at 260-300 yuan / ton, with an average price of 280 yuan / ton, unchanged from the previous day.
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Increased supply concerns drove the copper market up
Time of Update: 2022-12-24
Copper CityOn the macro front, Fed Chairman Jerome Powell reiterated the Fed's willingness to curb high inflation, saying at a Senate hearing that the Fed will raise interest rates more times if there is a need to reduce inflation, believing that the US economy can withstand the Fed's tightening of money and the growth of new crown cases caused by the Omicron virus.
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The price of consecutive plastic futures fluctuated lower, and the bears had a certain advantage
Time of Update: 2022-12-23
Summary: The average operating rate of domestic polyethylene enterprises last week was 87.
Summary: The average operating rate of domestic polyethylene enterprises last week was 87.
Summary: The average operating rate of domestic polyethylene enterprises last week was 87.
