In addition to the joint development of Gulf oil by these three countries to prevent the surge in oil prices, the United States has also begun to take actions to keep oil prices down. On Monday, August 20, the US Treasury Department announced that it woul

However, Saudi Energy Minister Falih stated that the world has the ability to absorb high oil prices, and that oil prices are determined by the market and there is no artificial increase. The UAE Oil Minister also stated that oil prices are not at artific

This is the most common mistake made by people who are new to crude oil. When making a profit, investors are often afraid of vomiting back a little profit, and then hurriedly settled the profit. As a result, a large piece of fat is missing. When a loss oc

Data show that 40,000 barrels per day of US oil was imported in July, and the import of US oil was stopped in August. Ship tracking data shows that since August, no tanker has shipped oil from the United States and sailed there. Because of the suspension

Some OPECC member states called for maintaining holdings to offset the negative impact of API. Daily focus on EIA and API released data show that as of the week of May 25, US crude oil inventories increased by 100,000 barrels to 4.9 billion barrels. Analy