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
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
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