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
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
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
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