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8 OPEC+ Members Extend Voluntary Oil Output Cuts by One Month

VIENNA: Eight member countries of the OPEC+ oil-producing group announced on Sunday that they will extend their voluntary output cuts by one month, continuing...

Why Is Canadian Oil So Cheap?

Understanding the dynamics of oil pricing is essential for grasping the complexities of the global energy market. Canadian oil, particularly from Alberta’s oil sands,...

How Do You Add Crude Oil to MT4?

MetaTrader 4 (MT4) is one of the most popular trading platforms used by retail traders globally. While it is known primarily for Forex trading,...

What Does Brent Stand For?

Brent crude oil is one of the most significant benchmarks in the global oil market, widely recognized...

Which Crude Oil is the Best in the World?

Crude oil is a vital commodity in the global economy, powering industries, fueling transportation, and serving as...

Does OPEC Use Brent or WTI?

The Organization of the Petroleum Exporting Countries (OPEC) plays a crucial role in the global oil market,...

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How to distinguish the quality of anthracite

What are the uses of anthracite ? It is used for filtration and purification of domestic and industrial water supply. When using, determine the...

UAE oil exports boost as Fujairah port partially recovers after floods

Exports of crude and condensate from the UAE are set to recover after more than two weeks of disruption caused by rains and floods...

EU energy inflation breaks record, German gas is enough for up to two and a half months

The latest data show that the annual EU energy inflation rate reached 41.1% in June, up 14.1 percentage points from the beginning of the year. Natural gas...

Is it reliable to fry oil now?

Judging from the recent trend of international crude oil , the economic war between the United States and Russia has suppressed oil prices. Along...

Is it reliable to invest in crude oil?

Every investment is a game of probability, and in the ever-changing market of crude oil, no one can guarantee that they will always be...

The fluctuation cycle of crude oil price trend

The fluctuation cycle of crude oil price trend What is the volatility cycle of crude oil prices ? Compared with the confusing price fluctuations in...

Reasons for international oil price fluctuations

Reasons for international oil price fluctuations Since 1970, the world has experienced three relatively significant oil price increases. Except for the first two oil crises...

Does diesel have a shelf life?

Diesel has a shelf life. Usually, the shelf life of unopened diesel oil is four years. After the diesel oil is stored for a...

Germany denies reports it will continue operating nuclear power plants, signs LNG supply deal with two energy giants

Germany plans to delay closing the country's last three nuclear power plants as it faces energy shortages this winter after Russia curbs gas supplies to Germany , government...

Today’s crude oil futures price query (August 17, 2022)

name Price (USD/Barrel) ups and downs Change (%) date wti crude oil 87.13 -0.72 -0.82 2022/08/16 the above is the latest U.S. crude oil index. For more oil price inquiries, or if you want...

How to fry crude oil to make quick profits

Try to avoid holding positions overnightCrude oil investment is continuous for 24 hours. During the most volatile market period in the U.S. market, the...

Is frying crude oil risky?

Establish a risk control system and process: Investors' own factors, such as operational risk, internal control risk, financial risk, etc., are often caused by...

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