Tag: OPEC
Oil prices continue to rise, but demand concerns remain
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On September 12, commodity prices rose due to the weakness of the US dollar, and crude oil futures expanded their gains. WTI crude oil...
Prospects of major international financial events next week (September 12-September 16)
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Monday, September 12, 2022 14: 00 UK GDP monthly rate (month on month)14: 00 UK manufacturing output monthly rate (month on month) (July)19: 25 Central...
Crude oil supply risk intensifies again! EIA cuts U.S. oil output forecast for next year
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It was learned that the U.S. Energy Information Administration (EIA) released its monthly report on Wednesday (September 7) Eastern Time, lowering its annual oil...
U.S. crude oil exports hit 5 million barrels per day
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International oil prices have recently turned heads, as U.S. crude oil sales overseas are set to hit a new record by 2023 as U.S....
U.S. crude oil, refined oil inventories fall
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On August 24, local time, the EIA said that in the last week, U.S. crude oil and refined oil inventories fell, but the large...
Production cuts may coincide with the return of Iranian oil to the market
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On August 24, Brent crude oil futures rose 3.19%. Nine OPEC sources said that the OPEC+ production cuts considered by Saudi Arabia this week...
When was oil discovered
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The following is the historical cycle of modern oil: 1.1970s: In 1960, the third world oil-producing countries jointly established OPEC, and successively nationalized oil. During...
What does strategic oil reserve mean?
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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...
Is the oil market still tight? Saudi raises crude oil prices for Asia to record levels
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Saudi Arabia raised oil prices for Asian buyers to record levels, as global oil markets remain tight despite signs of softening demand as the economy...
The first major bearish on oil prices: crude oil demand outlook will be further revised down
Remember when JPMorgan said that oil could go to $380? Just when everyone was bullish on oil prices, on Wall Street, some investment banks began...
Crude oil price evening trading reminder on July 5
Review of crude oil trends: On Tuesday (July 5), during the Asia-Europe session, U.S. crude oil fell slightly, and the current trading volume was...
The latest news of international oil prices: overnight related data summary
crude oil View: Statoil strike leads to 130,000 barrels per day loss of oil production Economic Calendar News ExpressWatch accurate quotes for freeFutures Trading...