EIA crude oil price

EIA crude oil price

Although there are still some uncertainties from the supply side, the increase in oilEIA crude oil price demand is almost a certainty, and the demand for oil, a raw material, is still strong in various countries. Take the United States as an example. American drivers have a very strong demand for gasoline. Compared with last year during the same period in 208, the average American household will pay more than $200 for car fuel. The increase in demand is also reflected in price vendors. The average price of a gallon of regular gasoline is about $8, an increase of nearly 49 cents over the same period last year.

The trends of these three stages basically summarize all the intraday trends, forming a complete intraday price trend chart. Since the market is changing, the understanding of the three stages should not be viewed with a rigid perspective. Sometimes, the main force will adopt unconventional methods to operate, but through the three-stage identification, it will also be able to understand this change.

Earlier, the National Development and Reform Commission website reported that in May 208, the crude oil output was 5.97 million tons, down 6% from the same period last year; the completed crude oil imports were 9.05 million tons, an increase of 0% over the same period last year. -In May, crude oil imports totaled 900 million tons, an increase of 8% year-on-year.

The first thing I want to talk about is blindness and boldness. Some investors have never systematically learned investment theory and skills, and have not undergone any simulation training. They don’t even understand the basics of investment, so they rush into the spot crude oil investment market, blindly operate, and their fund accounts quickly depreciate. Will be an inevitable choice. Once some investors find that the market price fluctuates sharply, they enter the market boldly without hesitation, and often get stuck or even blow up their positions.

If you have not been exposed to investment and financial management, you can choose a formal and regulated platform to download a simulation software. If you choose the wrong platform, all the following will be lost, because your first concern is the safety of your funds. To judge the safety of the platform, you can check the supervision, and the other is to deposit and withdraw funds under the test of the deposit of small funds. In this case, the security of funds is at ease.

According to industry insiders, factors such as the slow growth in international crude oil demand and the emergence of new energy sources will curb oil prices. With the revolutionary progress of shale oil and gas development technology, the production of shale oil and gas in the United States continues to increase, and the cost is declining year by year. Recently, the United States has gradually abandoned its previous fossil energy shortage concept and entered a new era of strong energy supply. However, global uncertainty still exists. The uncertainty of the energy market mainly comes from concerns about insufficient iEIA crude oil pricenvestment in upstream exploration and mining. Because with the growth of energy demand, insufficient investment will lead to instability of the energy supply chain, and even a situation where the supply of crude oil exceeds demand.

The report also shows that the growth rate of global crude oil demand in 209 is expected to be 400,000 barrels per day, compared with 400,000 barrels per day before. The demand for OPEC crude oil in 208 is estimated at 2 million barrels per day, compared with the previous estimate of an average of 900,000 barrels per day. OPEC crude oil demand in 209 is estimated at 400,000 barrels per day, compared to the previous estimate of 600,000 barrels per day. In 208, the non-OPEC crude oil supply estimate was lowered by 70,000 barrels/day to 60.2 million barrels/day, and remained unchanged at 62 million barrels in 209.