International Crude Oil News

International Crude Oil News
The member countries of the International Energy Agency also have strategic oil reserves that can effectively withstand sudden supply interruptions. Idle capacity is negatively correlated with oil prices. Between 200 and 2008, OPEC’s idle capacity was les

Crude oil market outlook

Crude oil market outlook
Energy said that with the rebound in drilling activities, newly discovered oil reserves in 208 will rebound to 2.6 billion barrels per month, an increase of 0% from 207. ExxonMobil discovered three large oil fields in Guyana, accounting for a large part o

Crude oil contract specifications

Crude oil contract specifications
Different growth drivers; No. American confrontational trade policy; No. Increasing trade disputes. Unless there is an inflation-induced recession and such a recession occurs later, the components of total U.S. demand—household consumption, residential in

Current KS crude oil prices

Current KS crude oil prices
Iranian Petroleum Minister Zangane said that some members of OPEC have good relations with the United States, but this is not a reason for the United States to try to control OPEC. The United States is trying to change OPEC’s decision-making. This behavio

The cost of 1 crude oil contract

The cost of 1 crude oil contract
In this case, the statements made by Saudi Arabia and Russia make it even more doubtful how long the production reduction agreement can last. Analysts believe that even if Saudi Arabia insists on cutting production, Russia, as a non-OPEC country, may not