Tag: OPEC
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...
Analysis of crude oil price trend on July 5, 2022
crude oil trend review: crude oil prices roseon July 4, local time,as supply concerns caused by OPEC A Reuters survey found that in June, OPEC’s...
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...
Welcome to the storm! The White House is analyzing what the economy will do when oil hits $200
The U.S. is facing its worst inflation since 1981, with poor economic performance and record oil prices pushing Biden's average approval rating to a...
Brent oil prices may soar to $150 a barrel
On June 23, local time, according to the US Drilling website, the Bank of America Global Research Center predicted in a new report sent...
The latest news of international oil prices
The latest news of international oil prices: overnight related data summary Crude Oil Opinion: Oil gains support as Libya almost completely shuts down due to...
Brent oil prices may soar to $150 a barrel
On June 23, local time, according to the US Drilling website, the Bank of America Global Research Center predicted in a new report sent...