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Crude oil imports by European refiners up nearly 7% in April
Time of Update: 2023-02-01
72 million barrels of crude oil per day in April, an increase of nearly 7% from the previous month and an increase of more than 9% from a year earlier According to oil and gas news on May 24, data released by Euroilstock on Friday showed that European refiners produced 9.
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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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Major oil producers decide to increase output in July
Time of Update: 2023-01-31
The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC oil-producing countries held the 29th ministerial meeting by video on the 2nd, and decided to increase the monthly production in July this year by 648,000 barrels per day, higher than the previous average of 432,000 barrels per day.
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Saudi Arabia lowers crude oil prices in Asia and Europe and maintains prices for customers in the Americas
Time of Update: 2023-01-07
Saudi Aramco cut the price of its benchmark Arab Light crude scheduled for next month's shipments to Asian refiners to $5.
Saudi Aramco cut the price of its benchmark Arab Light crude scheduled for next month's shipments to Asian refiners to $5.
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The World Bank downgrades the outlook for the oil metals market
Time of Update: 2023-01-02
The World Bank said it expects crude oil prices to average $35 a barrel this year, down 43 percent from the 2019 average, marking a sharp downward revision to its October forecast.
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The EU reached a preliminary agreement on a price limit on Russian seaborne oil
Time of Update: 2023-01-01
On December 1, local time, according to Reuters, an EU official revealed that in addition to Poland, EU countries have agreed to limit the price of EU imports of Russian seaborne oil to $60 per barrel.
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Russia brews oil embargo to fight back against "price limit order
Time of Update: 2023-01-01
Lin Boqiang, director of the China Energy Policy Research Institute of Xiamen University, told reporters on November 27 that if Russia issues this decree, then global oil prices will face a sharp rise, which will have a greater impact on inflation in Europe and the United States in the short term.
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Shanghai copper is running strongly, and the increase has expanded during the day
Time of Update: 2022-12-29
On Wednesday, China announced the most thorough optimization of epidemic prevention and control measures, boosting market sentiment and metal demand prospects, while Glencore Group's cut in copper production forecasts caused supply concerns, coupled with low inventories, Shanghai copper is running strongly, but weak consumption is difficult to change, which will limit copper price gains.
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There are not many bright spots in the fundamentals The overall transaction volume of PVC spot is average
Time of Update: 2022-12-25
20, the main PVC closed at 6445 yuan / ton (+1.
20, the main PVC closed at 6445 yuan / ton (+1.
20, the main PVC closed at 6445 yuan / ton (+1.
20, the main PVC closed at 6445 yuan / ton (+1.
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Shanghai rubber continued to decline and maintain a wide range of fluctuations in the short term
Time of Update: 2022-12-24
Shanghai rubberIn terms of crude oil, international crude oil prices closed slightly lower on January 20.
Shanghai rubberIn terms of crude oil, international crude oil prices closed slightly lower on January 20.
In terms of crude oil, international crude oil prices closed slightly lower on January 20.
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The price of continuous plastic futures fell slightly, and the market supply was sufficient
Time of Update: 2022-12-22
On Wednesday, Liansu L2109 contract increased its position, and the futures price fell slightly, closing at 7900 on the day, -25 yuan from the previous trading day; The volume was 569841 lots, the position was reported 355759 lots, +32933, and the basis was 50 yuan.
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Downstream demand has improved
Time of Update: 2022-12-19
On Thursday, the L2009 contract fluctuated at a high level, closing at 6515 yuan / ton, +105 yuan from the previous trading day; Volume 436253 lot, +91882, position 386687 lot, +5559 lot, basis 35 yuan, +75 yuan; 9-1 spread -20 yuan, -15 yuan.
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Plastic market afternoon review on December 18
Time of Update: 2022-12-14
From the perspective of plastic trends, yesterday's low opening digestion overnight crude oil fell heavily, and then rebounded to test the previous high of 8580, the overall trend is relatively strong.
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January 17 PE market afternoon review
Time of Update: 2022-12-14
Yesterday, the PE market price part was slightly sorted out. Crude oil and linear futures are higher, petrochemical companies are holding prices, traders are not willing to go out, and they are tradin
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Plastic market afternoon review on July 18
Time of Update: 2022-12-11
plasticsFrom the perspective of plastic trends, crude oil fell heavily yesterday, plastic opened low and rebounded, the plate was stronger than expected, but finally stepped back to the 9250 area, the overall trend was in line with expectations.