By September 18,2024, the future price of light crude oil from New York Mercantile Exchange isUSD69.58 a barrel, increased by USD1.00 than September 9,2024. The increase rate is 1.44%. The future price of crude oil from London Brent is USD72.58 a barrel, increased by USD0.59 than September 9,2024. T

Recently, the International Energy Agency released a monthly report on the oil market, showing that global oil demand growth continues to slow down. According to reports, oil demand in the first half of 2024 increased by 800000 barrels per day year-on-year, the lowest level since 2020. The main driv

Our company’s African customer has been ordering our company’s drill pipe thread grease for the past two years. In mid August, the customer ordered drill pipe thread grease again, and the quantity ordered this time is twice as much as before. After receiving the order, our company promptly arranged

By September 9,2024, the future price of light crude oil from New York Mercantile Exchange isUSD68.58 a barrel, decreased by USD4.66 than September 2,2024. The decrease rate is 3.66%. The future price of crude oil from London Brent is USD71.99 a barrel, decreased by USD4.65 than September 2,2024. Th

One of our American customers have ordered a batch of sucker rod spray welding couplings since April this year, with specifications of 1 ", 7/8", 3/4 ", 5/8". After receiving the products, the customers were very satisfied and often consulted us about related products. At the end of August, the cust

By September 2,2024, the future price of light crude oil from New York Mercantile Exchange isUSD73.24 a barrel, decreased by USD2.41 than August 28,2024. The decrease rate is 3.19%. The future price of crude oil from London Brent is USD78.77 a barrel, decreased by USD2.13 than August 28,2024. The de

Brazilian state-owned oil company Petrobras announced on Wednesday that it will make every effort to reduce the reinjection of natural gas into oil wells.The Brazilian government issued a decree on Monday authorizing the oil regulatory agency ANP to order oil companies to reduce reinjection volumes

On August 22, the 2024 China International Oil and Gas Exploration Technology Annual Conference and New Technology Achievement Exhibition, jointly hosted by the China Petroleum Society and other units, with the theme of "Innovation driven Technology, Promoting Efficient Exploration, and Supporting E

Our company’s customer has ordered 60 sets of DPSB stuffing boxes, with specifications of 1-1/2x3 "LP. Production, pressure testing, inspection, packaging and other work have been completed. The customer requested a delivery time of 20 days for this batch of products. We scientifically arranged the

According to the latest data from the Organization of the Petroleum Exporting Countries (OPEC), Iran's daily oil production in July reached 3.271 million barrels, higher than the 3.25 million barrels per day reported in June. Data shows that Iran remains the third largest oil supplier to OPEC after

At the end of June, Southeast Asian customers ordered a batch of oil production equipment products, including 25-125-RHAM20-4-2, 25-150-RHAM-20-4-2 sucker rod pumps, 3/4, 7/8 sucker rods, sucker rod centralizers, DPSB stuffing boxes, cone packing, gate valves, wellhead flanges, sucker rod BOP, cross

By Auguest 19,2024, the future price of light crude oil from New York Mercantile Exchange isUSD75.42 a barrel, decreased by USD1.39 than August 12,2024. The decrease rate is 1.80%. The future price of crude oil from London Brent is USD79.59 a barrel, increased by USD0.04 than August 12,2024. The inc