Crude oil price index

In fact, as mentioned in previous articles on China Oil.com, crude oil prices have continued to rise to new highs recently. Especially after breaking through the 70 mark, the rise has not been significantly reduced, but is seeking a breakthrough in furthe

On Tuesday, the oil distribution rose to US$80.45, which is close to the highest since last week’s 204 months, but has since fallen below US$80. The US oil rose to US$788/barrel in the session, refreshing its highest level since 204, and the same increase

Unwilling to give up all the psychology. There are countless investment opportunities in the crude oil spot market. However, investors’ time, energy, and funds are limited, and it is impossible to grasp all investment opportunities. This requires investor

Saudi Arabia currently has an idle capacity of 2 million barrels/day. Although Russia has only 0 million barrels/day, it is currently expanding equipment to further increase production capacity. This means that the market is still abundant. With further i

Previously, experts also believed that it is the most promising market for LNG in the United States, and it is likely to surpass Japan in the future to become the world’s largest buyer of LNG. U.S. President Trump also has high hopes for LNG and promised

Crude oil prices rose by 2% last week, making it unlikely that oil prices will change much during the US market this week. Baker Hughes data last Friday showed that the number of US rigs remained unchanged at 747. At the same time, on Monday, Ineos Group

Secondly, EIA inventories fell by 2.508 million barrels, which is expected to be 520,000 barrels. The three-week continuous growth trend of US crude oil inventories ended and the decline reached the largest since July. Lower inventories and increased dema

On the 4th of the month, the United States had less than one month left to formally sanction Iranian oil. In order to avoid US sanctions, all countries are preparing to stop Iranian crude oil imports. Among them, South Korea was the first to stop imports

Both U.S. oil and Bursa oil recently broke through the $50/barrel mark, and when U.S. oil broke through this mark, the Gubi Composite Moving Average indicator GMMA first gave a signal and was subsequently confirmed. This indicator also shows that oil pric

Neil Argensen, head of the Petroleum Industry and Marketing Department, said that although the growth rate of oil demand will slow down, net crude oil imports are still expected to increase to 10 million barrels per day, or about 500 million tons per year

Objectively speaking, the current investment of oil companies has gone from being relatively extensive in the past to the current investment decision-making is more reasonable, mainly due to the influence of factors such as the previous low oil prices, in

In recent weeks, Russian government officials have been calling for lower and higher oil prices, which echoes the wave of retail fuel interventions in countries from Latin America to India. In order to soothe public sentiment, the newly appointed Russian