Article List
- Latest International Oil Price---March 10, 2025By March 10,2025, the future price of light crude oil from New York Mercantile Exchange isUSD66.64 a barrel, decreased by USD3.83 than March 3,2024. The decrease rate is 5.44%. The future price of crude oil from London Brent is USD70.06 a barrel, decreased by USD3.49 than March 3, 2024. The decrease
- The production of the cleaning tool for sucker rod threads has been completed.In early February, our company client sent a product inquiry requesting the production of a batch of sucker rod thread cleaning tools, but only provided product pictures. We have conducted research and design on the product according to customer requirements. After the customer agreed to the design
- Latest International Oil Price---March 3, 2025By March 3,2025, the future price of light crude oil from New York Mercantile Exchange isUSD70.47 a barrel, increased by USD0.22 than February 24,2024. The increase rate is 0.31%. The future price of crude oil from London Brent is USD73.55 a barrel, decreased by USD0.34 than February 24, 2024. The d
- The decline in Asian crude oil imports poses a challenge to demand forecasts for 2025In 2025, the import volume of crude oil in Asia started weakly due to China, the largest importer, continuing to reduce its purchases, while new sanctions have suppressed the import of crude oil from Russia, the largest supplier in Asia.According to data compiled by LSEG Oil Research, the import vol
- Our customer has ordered batch quantity of cone packing.One of our Central Asian customer recently has ordered 500 sets of cone packing, with specifications with 1-1/4 and made of NBR material. We have arranged production and will deliver to the customer within 15 days. Our company’s cone packing product specifications include 1-1/8, 1-1/4, 1-1/2, 1-3/4,
- Latest International Oil Price---February 24, 2025By February 24,2025, the future price of light crude oil from New York Mercantile Exchange isUSD70.25 a barrel, decreased by USD0.36 than February 17,2024. The decrease rate is 0.51%. The future price of crude oil from London Brent is USD73.89 a barrel, decreased by USD0.77 than February 17, 2024. T
- Gas anchors production has been completed.A batch of gas anchors were ordered by our Southeast Asian customer, with specifications of 2-7/8 EUE BOX X PIN 3FT J55; 3-1/2 EUE BOX X PIN 3FT J55, and production has been arranged immediately after the Spring Festival. After a week of production, drilling, welding, testing and other related work
- Latest International Oil Price---February 17, 2025By February 17,2025, the future price of light crude oil from New York Mercantile Exchange isUSD70.61 a barrel, decreased by USD1.89 than February 10,2024. The decrease rate is 2.6%. The future price of crude oil from London Brent is USD74.66 a barrel, decreased by USD1.28 than February 10, 2024. Th
- Affected by tariff concerns, oil prices will fall for the third consecutive week.After the implementation of new sanctions on Iranian crude oil exports, international crude oil futures closed higher on Friday (February 7th), but oil prices fell this week due to investors' concerns about US President Donald Trump launching another trade war against China and threatening to impose
- Our Southeast Asian customer has placed bulk orders for gas anchors.Before the Spring Festival, our company’s Southeast Asian customer ordered a batch of gas anchors with specifications of 2-7/8 EUE BOX X PIN 3FT J55; 3-1/2 EUE BOX X PIN 3FT J55. At present, the procurement of raw materials and production processes for the products have been arranged, and production