Fried crude oil

The World Bank stated in its April outlook for the commodity market that oil prices are expected to rise to an average of US$65/barrel this year, exceeding the average of US$5/barrel in 207, mainly due to strong consumer demand and OPEC’s continued effort

In addition, according to the Washington Post, the White House is reported to be discussing new penalties for Canada. This news caused the Canadian dollar to fall by more than 0 points in the short term. Canadian Prime Minister Justin Trudeau rejected the

Generally speaking, an increase in official selling prices will often cause consumers to buy crude oil from the spot market at a lower price to compensate for future price increases. However, as the demand from Asian refiners has risen and the output of c

It is the worlds largest crude oil importer. Statistics show that in the first quarter of this year, it imported 100 million tons of crude oil, an increase of 5% year-on-year. Among them, crude oil imports reached 86.08 million tons in January and Februar

It fully shows that after the United States became a net exporter of crude oil, its dependence on energy imports has dropped sharply, and OPECs power to speak in the international oil market has weakened. As a global energy importer, it is highly dependen