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
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