Crude oil contract price changes

Crude oil contract price changes
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

Crude oil price inventory

Crude oil price inventory
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

Light crude oil spot price

Light crude oil spot price
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