According to the abundance of idle capacity, OPEC and its allies can be divided into the rich and the China crude oil contractpoor. Countries with abundant spare capacity, such as Saudi Arabia and Russia, belong to the rich group, while countries with insufficient spare capacity belong to the poor camp.
In fact, the biggest reason for resuming imports of U.S. oil is that U.S. crude oil was excluded from the commodity tax list in August, and for this, U.S. crude oil is a high-quality and cheap existence. To put it bluntly, it is to value the cheap US crude oil before thinking about resuming imports.
Summary: On Friday, September 4, during the Asian trading session, oil prices rebounded. Oil prices fell by more than 2% on Thursday, recording the biggest one-day drop in a month, and oil distribution fell from a four-month high. As economic worries threaten demand, investors focus on emerging market crisis risks, and trade disputes may weaken demand.
In fact, spot crude oil investment began to rise in 204, crude oil appeared on a large scale in 205, and the world crude oil futures market appeared very early. Of course, there do exist illegal and deceptive crude oil speculation platforms in China, as netizens said, so there are complaints and reminders on the Internet. The biggest fear of investing is not only not making money, but also unclear at all. Therefore, investors need to be extra cautious in choosing investment platforms to avoid being fooled by black platforms.
The reason why crude oil investment experts put forward speculative theories, hypotheses, and models that determine market observation and trading is to emphasize the importance of speculators having a relatively stable, advantageous and winning trading model.
Barkindo pointed out earlier this week: We are pushing ahead with plans to increase production. OPEC internal documents show that the output of OPEC members other than Nigeria, Libya and Congo in September increased by 480,0China crude oil contract00 barrels per day from May.
Frankel once said that if the prices of cigarettes and beer fall sharply, you will see a surge in consumption immediately, but even if the price of oil is oversold, you cannot double your daily commute. In modern industrial society, if you want to affect oil prices in the long term, changes in output and inventory are the kingly way.
According to sources quoted by Reuters, OPEC is unlikely to make any decision on oil production policy at the April meeting. It is more likely to make a decision in June, and it is likely to extend the OPEC+ production reduction plan to the end of 209.
Trump said: I hope that one day we will live in harmony with Russia and even Iran, but maybe not. U.S. Secretary of Defense Jim Marty said in a press conference on Friday that the air strikes are a one-time strike and we currently have no plans for additional strikes.