International crude oil prices

To be sure, we have reason to believe that oil prices may reach US$00 per barrel and continue to rise. As long as Trump is still in the White House, anything can happen. The conflict between Iran and Israel may trigger a full-scale conflict in the Middle

The Iranian student news agency ISNA recently reported that Iranian Energy Minister Zangane will participate in OPEC and non-OPEC production monitoring meetings, which will be held in Argentina in September. Zangane’s goal is to participate in this confer

After the U.S. lifted the ban on crude oil exports in 205, U.S. domestic crude oil production almost doubled, and the U.S. ranks among the top crude oil producers in the world. Since the beginning of February, US crude oil production has exceeded 20 milli

Analysts pointed out that OPEC’s actual increase in production should be expected to be between 500,000 and 600,000 barrels per day. This figure is reasonable. It can continue to help stabilize the oil market, while at the same time it will not cause an o

In terms of inventory, the monthly report shows that the monthly OECD commercial crude oil inventory fell by 26.8 million barrels to 2.9 billion barrels, which is 0 million barrels lower than the five-year average and is the first time since 204 that it h

As of press time, the price of WTI crude oil in the United States has recorded a rise of 0.84%, or 0.47, to US$545/barrel; Brent crude oil has risen by US$0.9, or 0.26%, to US$642/barrel.Two weeks ago, the United States withdrew from the Iran nuclear agre

In fact, judging from the market situation in recent days, the crude oil price at 65 US dollars is a dangerous situation. In the absence of good entry, although crude oil prices stabilized at 65 US dollars, there is always a lack of stable favorable suppo

Another factor is the U.S. crude oil production. When our focus was on the Iran issue, the U.S. did not step down to increase production for a moment. The U.S. Energy Information Administration’s EIA released its monthly output report on Monday, May 4th.

Trump almost handed over the task of increasing crude oil production to Saudi Arabia, and now Saudi Arabia has been attacked frequently, which undoubtedly increased the instability of the Middle East situation. On July 25, Saudi Arabia’s Minister of Energ

As the central bank began to tighten monetary policy, higher oil prices and depression were basically the same result. Currie emphasized that his explanation is not to predict a possible future depression, but to warn the market that this should be vigila

In addition, before the non-agricultural announcement in May, according to the pricing of interest rate futures, the probability of the Fed’s rate hike in June has dropped by nearly 20 points. Although it is still at a high level of 70%, it has been firml

Generally speaking, professionals in the crude oil industry believe that Saudi Arabia and Russia will gradually increase crude oil production within two to months. During this period, OPECs idle capacity of 400,000 barrels per day will be released. Howeve