Case held a seminar in Vienna to discuss the OPEC NOPEC proposal. The company’s lawyers suggested that OPEC should avoid public discussion of crude oil prices, but should discuss the stability of the crude oil market. It was also suggested that OPEC seek… Read more Crude oil chart
The production reduction agreement reached in 206 once raised the oil price from 28 US dollars per barrel to over 70 US dollars per barrel, but the rapid rise in oil prices caused producers to worry that the damage it caused to economic activities would a… Read more cme crude oil price
The report also pointed out that once again, we have seen the possibility of a number of unexpected negative developments appearing at the same time, and may postpone the time when the seasonally adjusted demand exceeds supply to the end of 207 or even 20… Read more Crude oil and natural gas production in U.S. federal and non-federal regions
Next Monday (28th, the domestic refined oil price adjustment window will be opened, which is the last round of refined oil price adjustments before the Spring Festival. According to the recent upward trend of international oil prices, it is expected that… Read more In which year did US crude oil prices hit a record high of US$147?
For the crude oil market participants, the biggest concern is that the Middle East crude oil supply may be interrupted in the future. Therefore, there seems to be a concern about a Middle East risk premium of about $0/barrel in oil prices, and this risk p… Read more First U.S. crude oil tax