Article List
- EIA: U.S. crude inventories rose more than expected by 2.6 million barrels last weekThe U.S. Energy Information Administration (EIA) on Wednesday released an inventory report showing that U.S. crude oil and distillate inventories increased last week, while gasoline inventories fell. The EIA report showed U.S. crude inventories rose 2.6 million barrels to 439.95 million barrels in t
- Azerbaijan plans to resume operations of the Baku-Supsa oil pipelineAccording to foreign media news: local time on October 24, Azerbaijani President Ilham Aliyev said that Azerbaijan plans to resume the Baku-Supsa oil pipeline operation.Aliyev said the resumption of the pipeline could bring Caspian oil from the Sangachal terminal near Baku to the Georgian port of Su
- The production of oil production equipment ordered from Southeast Asia customer finishedSoutheast Asia customer purchasing our company's production equipment, products include 3/4 x25ft, 7/8 x25ft of sucker rod and nipple, 25-125 RHAM, 25-150 RHAM, 30-175 RHAM sucker rod pump, DPSB stuffing box, wheeled sucker rod centralizer, Twist On sucker rod centralizer, T-class sucker rod couplin
- Double bolts polished rod clamp1. Introduction of polished rod clampsThe polished rod clamps are used to connect the polished rod and pump unite. 2. Material1. Chemical CompositionTo meet the requirements of this specification, polished rod manufactured from any AISI or equivalent specification recommended cast iron or carbon ste
- Latest international oil price-Oct 24.2022By Oct 24,2022, the future price of light crude oil from New York Mercantile Exchange closed at USD85.32 a barrel. drop $0.92 than Oct 17.2022, the drop rate is 1.07%. The future price of crude oil from London Brent closed at $93.74 a barrel, increased $1.37 than Oct 17.2022.the rise rate is 1.48%.
- Norway's oil and gas production fell less than expected in SeptemberNorway's crude oil and natural gas output fell in September from a month earlier, according to preliminary data released by the Norwegian Petroleum Council (NPD) on Thursday, missing official expectations.Crude oil production fell to 1.64 million BPD in September from 1.78 million BPD in August and
- The oil and gas equivalent of Changqing Oilfield has exceeded 50 million tons for 10 consecutive yearsAs of October 12, the annual output of oil and gas equivalent of Changqing Oilfield reached 50.1083 million tons, including 20.09 million tons of crude oil and 37.671 billion cubic meters of natural gas. The oil and gas equivalent exceeded 50 million tons for 10 consecutive years, realizing the "ten
- The production of torque anchor finishedSouth American customers ordered torque anchors and accessories, after 20 days or so, the production has been completed. The customer ordered two sizes, 2-7/8 X 5-1/2 and 2-7/8 X 7, as well as the matching block and spring.
- Latest international oil price-Oct 17.2022By Oct 17,2022, the future price of light crude oil from New York Mercantile Exchange closed at USD86.24 a barrel. drop $5.85 than Oct 10.2022, the drop rate is 6.4%. The future price of crude oil from London Brent closed at $92.32 a barrel, dropped $5.04 than Oct 10.2022.the drop rate is 5.2%.
- Iea: Higher oil prices will have a significant impact on the global economyOn October 13, local time, the International Energy Agency released its Oil Market Report for October. The report said continued deterioration in the economy and rising oil prices triggered by the Opec + production cut plan were slowing global oil demand. The IEA stressed that higher oil prices, ami