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Why has brent crude dropped: Analyzing the Factors

In the ever-evolving world of global energy markets, the price of Brent Crude, a benchmark for international oil prices, remains subject to various factors...

Oil Posts Biggest Drop Since Banking Crisis as Traders See Oversupply

On April 27, affected by the turmoil in the stock market, international oil prices experienced the largest drop since the banking crisis in mid-March,...

What affects brent oil prices

Brent crude oil is a benchmark for international oil prices, and its price is closely watched by economists, investors, and energy market participants around...

Canada’s Toronto stock market falls more than 500 points, the lowest since July

Affected by factors such as the prospect of a global economic recession and the plunge in international oil prices, on the 23rd local time,...

The degree of subsequent demand release of asphalt remains to be seen, and the growth rate of demand may not be as fast as...

Futures Special Everbright Futures Comments Today’s main asphalt contracts fell sharply: 1.The U.S. CPI in August announced on Tuesday increased by 8.3% year-on-year. Although it...

How Fed Rate Hikes Affect Oil

U.S. dollar rises as U.S. Federal Reserve raises interest rates, oil prices fall. The Fed raises interest rates to promote the appreciation of the...

U.S. crude oil and Brent crude oil rose by $0.6 in the short-term

U.S. crude oil and Brent crude oil rose by $0.6 in the short term, and are now reported at $94.38/barrel and $100.84/barrel, respectively. Reminder: For...

Production cuts may coincide with the return of Iranian oil to the market

On August 24, Brent crude oil futures rose 3.19%. Nine OPEC sources said that the OPEC+ production cuts considered by Saudi Arabia this week...

Work stoppages tighten markets further, European gas continues to surge

On August 24, the gas market was further tightened by prolonged shutdowns of plants in the United States and Norway, exacerbating a rise in...

The latest quotation of international oil prices today (August 24, 2022)

name Price (USD/Barrel) ups and downs Change (%) date wti crude oil 93.77 3.18 3.51 2022/8/23 brent crude 99.13 3.06 3.19 2022/8/23 Above is international crude oil quotes today. For more oil price inquiries, or to learn about oil...

The return of the big players in the crude oil market? Can Iran fill Russia’s void?

Despite the back and forth, progress is still being made on the resumption of the Iran nuclear deal. Last week, Iran submitted a written reply...

What is coal production process

Coal production mainly includes screening, coal preparation, coal forming, coal pulping, coal combustion, coal conversion and so on.Screening: Use screening equipment to divide the...

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