Our Middle East customers ordered 30 sets of DPSB stuffing boxes, including 15 sets of 1-1/4” X 2-7/8”, 15 sets of 1-1/2” X 2-7/8”, and the North African customer ordered 20 sets of 1-1/4” double-bolt polished rod clamps. Currently, the production plan has been arranged and goods will be delivered t
By 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%.
South 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.
On 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
Opec +'s decision this week to cut the alliance's total oil production target by 2 million barrels per day (BPD) won't help the already uncertain outlook for oil supplies and oil trade flows, refiners and traders told Bloomberg.Earlier this week, OPEC+ announced its biggest collective production cut
The United Arab Emirates provided 42 percent of Japan's crude oil demand in July, equivalent to 33.99 million barrels, according to the Tokyo-based Natural Resources and Energy Agency.The agency, which is part of Japan's Ministry of Economy, Trade and Industry, said Japan imported 81.05 million barr
By Sep 5, the future price of light crude oil from New York Mercantile Exchange closed at USD88.27 a barrel,dropped by Approx.6.28% from Aug 28 .2022, The future price of crude oil from London Brent closed at $94.48 a barrel, dropped by approx. 5.67% from Aug 28.2022.
China's total oil and gas production hit a record high in the first seven months of this year, strongly supporting economic and social development and people's livelihood needs, the National Energy Administration said on August 18.A person in charge of the National Energy Administration introduced t
By Aug 15, the future price of light crude oil from New York Mercantile Exchange closed at USD91.08 a barrel, increased by Approx.1.96% from Aug 8 .2022, The future price of crude oil from London Brent closed at $97.11 a barrel, increased by approx. 1.87% from Aug 8.2022.
By Jul 25, the future price of light crude oil from New York Mercantile Exchange closed at USD97.43 a barrel, dropped by Approx.0.58% from Jul 18 .2022, The future price of crude oil from London Brent closed at $97.43 a barrel, dropped by approx. 4.42% from Jul 18.2022.