.jpg)
The May non-agricultural employment data in the United States showed that there were 20,000 new jobs, far exceeding the expected 80,000, and the unemployment rate also recorded 8%, a record low in eight years. In addition, the average hourly wage rate in
The price difference between Brent oil price and WTI oil price is soaring. I think that in terms of the difference between the two contracts, something similar to acapitulation selling is happening. Saxo BankDuring his visit to Moscow on Friday, Perry sai
China Petroleum.com, June 22. Crude oil prices maintain a range-bound pattern. Oil price fluctuations are not obvious on the eve of the OPEC meeting. Investors need to be alert to Iranian disruptions. Investors are advised to sell high and buy low before
Objectively speaking, the current investment of oil companies has gone from being relatively extensive in the past to the current investment decision-making is more reasonable, mainly due to the influence of factors such as the previous low oil prices, in
Goldman Sachs analysts predict that the core members of OPEC and Russia will decide to increase production by 0 million barrels per day at the end of 208, and increase their production by another 500,000 barrels per day in the first half of 209. However,
US President Trump has vowed many times to abolish the Iran nuclear agreement with the five permanent members of the UN Security Council and Germany. This agreement was implemented during Obamas administration and eased sanctions on Iran, allowing million
This trend has been reflected in recent price movements. Russia seems to want a more aggressive push to increase production. Earlier there was news that Russia wanted to increase production by 0 million barrels per day, and recently there was news that Ru
Although the Sinopec report predicts that international oil prices will recover in 209, no one can be sure whether oil prices will continue to fall, setting a record low point. This just shows that the trend of oil price recovery in 209 will not come soon