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The role of strategic petroleum reserves

The role of strategic petroleum reserves: Guarantee the supply. That is, to ensure the supply of oil for a period of time, for emergency needs,...

What does strategic oil reserve mean?

Strategic oil reserves refer to one of the effective ways to deal with short-term oil supply shocks (large-scale reductions or interruptions). It serves national...

Why is crude oil measured in barrels?

Why is crude oil measured in barrels? In oil exploration, the first tool used to hold oil was the barrel. But at the time,...

US crude oil trading strategy on August 4: Multiple bearish oil prices initially broke down, pointing to the 80 mark?

During the Asia-Europe session on Thursday (August 4), U.S. crude oil fluctuated in a narrow range near the low of more than five months,...

How to avoid the risk of speculation in international gold

hen the upward trend is no longer clear, you should reduce your positions step by step; when a downward trend is formed, you should...

Commodities tumbled in recession trading, hedge funds have “gone more shorts”

As the world's major central banks drift further away from the tightening path, risk assets such as stocks and cryptocurrencies bear the brunt of...

Oil fell below $100, what happened?

Under the gloom of recession, the market's worries about weakening oil demand have intensified, and the price of wti crude oil fell "over 100"...

The latest query on international crude oil futures prices (July 5, 2022)

name Price (USD/Barrel) ups and downs Quote change(%) date wti crude oil 110.58 2.12 1.95 2022/07/05 brent crude 113.83 2.35 2.11 2022/07/05 The above is the latest international crude oil price , more oil price query , or want...

Today’s WTI crude oil futures price query (July 5, 2022)

name Price (USD/Barrel) ups and downs Change (%) date wti crude oil 110.58 2.12 1.95 2022/07/05 The above is the latest U.S. crude oil index. For more oil price inquiries, or if you want...

Today’s crude oil futures price query (July 5, 2022)

name Price (USD/Barrel) ups and downs Change (%) date wti crude oil 110.58 2.12 1.95 2022/07/05 the above is the latest U.S. crude oil index. For more oil price inquiries, or if you want...

The latest international oil price query_International crude oil price trend (July 5, 2022)

name Price (USD/Barrel) ups and downs Change (%) date Brent Crude 113.83 2.35 2.11 2022/07/05 The above is the latest brent crude oil price, more international crude oil prices , international crude oil price...

Only enough for 27 days? U.S. strategic oil reserves hit record low

The U.S. Strategic crude Reserve (SPR) is being "emptied" in an effort to cushion the crude supply shock… U.S. strategic oil reserves are now below...

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