This is not a temporary downturn in Canadian WCS crude oil prices, but has been going on for four months. Since mid-July, the price of WCS crude oil has been declining, from more than US$40 per barrel, first falling below US$0 per barrel, and then falling
Crude oil market maker
In fact, oil prices that are too high or too low are not good news for the long-term development of major oil-producing countries. Too low oil prices may put huge pressure on the fiscal revenues of countries that rely on crude oil exports, while excessive
New York Mercantile Exchange crude oil price
Although the worries about excess crude oil inventories have disappeared, the market must be wary of new risks arising in the crude oil market in the future, among which U.S. oil production is the biggest worry. Since the beginning of this year, the Unite
MSN crude oil price
In general, Sinopecs oil may be more resistant to burning, but the oil price is relatively higher. However, some netizens also said: As long as the price of oil is lowered, it will be fine if it is not resistant to burning. The editor can only say, this n
Crude oil trading economics
Last week, US crude oil imports decreased by 40,000 barrels/day to 740,000 barrels/day; last week, US crude oil exports increased by 5,000 barrels/day to 2.45 million barrels/day. EIA data shows that the refinery capacity utilization rate rose by 0.2% to