On July 24, the National Energy Administration organized a meeting to promote the efforts of oil and gas exploration and development in 2022. It proposed to vigorously promote the implementation of oil-and-gas related plans, increase upstream investment with greater efforts, and help ensure economic

U.S. crude oil production and demand will increase in 2022 as the economy grows, the U.S. Energy Information Administration (EIA) said Tuesday in its Short-term Energy Outlook (STEO) report.The EIA forecasts U.S. oil production to rise to 11.91 million barrels per day in 2022, 12.77 million barrels

By Jul 11, the future price of light crude oil from New York Mercantile Exchange closed at USD103.84 a barrel, dropped by Approx.5.71% from Jul 5 .2022, The future price of crude oil from London Brent closed at $106.28 a barrel, dropped by approx. 6.15% from Jul 5.2022.

Saudi Aramco raised crude prices for August to Buyers in Asia and Europe, while Opec + struggles to boost production.For Asian buyers, Aramco raised the price of its benchmark Arab light crude by $2.80 a barrel to a premium of $9.30 a barrel to Oman/Dubai prices.The premium for buyers in northwest E

By June 27, the future price of light crude oil from New York Mercantile Exchange closed at USD107.95 a barrel, rised by Approx.0.28% from June 20.2022, The future price of crude oil from London Brent closed at $109.41 a barrel, droped by approx. 2.88% from June 20.2022.

China's crude oil imports from Russia surged 55 percent in May from a year earlier to a record level, allowing Russia to replace Saudi Arabia as China's largest crude supplier. With Sanctions imposed on Russia over the conflict with Ukraine, Chinese refiners have taken advantage of discounts on Russ

By June 20, the future price of light crude oil from New York Mercantile Exchange closed at USD107.65 a barrel, droped by Approx.9.4 % from June 13.2022, The future price of crude oil from London Brent closed at $112.66 a barrel, droped by approx. 6.2% from June 13.2022.

The sucker rod coupling have the same box thread size in each end are used for connecting sucker rod and/or pony rod, and/or sinker bars with sucker rod threads. Specification: 5/8”, 3/4”, 7/8”, 1”, 1-1/8Class: T, SM (Spraying Metal)Standard: API 11B

Reporters noted that crude oil futures rose Wednesday to their highest level in 13 weeks. U.S. gasoline demand continues to rise, along with expectations of higher overseas demand for crude and concerns about the supply outlook in several countries, boosting oil prices.WTI crude was up 0.14% at $122

CNPC Logging Co., LTD. (hereinafter referred to as CNPC Logging) has successfully developed the first 230 ° C /170 mpa small-diameter instrument in China. The main technical indicators are of international advanced level, which can effectively meet the logging requirements of ultra-high temperature,

Recently, in the Pearl River Mouth Basin, which is more than 200 kilometers southeast of Shenzhen and about 284 meters deep, the offshore installation work of Haiji No.1 platform, the first deepwater jacket platform in Asia designed and built by China, has been completed. The total weight of the pla

By May 30,2022, the future price of light crude oil from New York Mercantile Exchange closed at 116.04 a barrel, increased by Approx. 4.71% from May 23.2022, The future price of crude oil from London Brent closed at $116.42 a barrel, increased by approx. 2.78% from May 23.2022.