The Organization of Petroleum Exporting Countries (Opec) official website said on the 3rd that a number of "Opec +" members consisting of Opec member states and non-OPEC oil-producing countries announced that they would continue to implement voluntary oil production cuts in the second quarter of thi

By Jan 2,2024, the future price of light crude oil from New York Mercantile Exchange closed at USD 72.53 a barrel. decrease USD0.95 than Dec 25.2023, The drop rate is 1.29 %. The future price of crude oil from London Brent closed at USD78.07 a barrel, decrease USD0.79 than Dec 25 .2023.the drop rate

Jiangsu Oilfield actively promotes the strategy of developing both natural and natural resources, strengthens shale oil exploration and development, and achieves a breakthrough in oil and gas resources. As of July 28, the cumulative production of shale oil exceeded 50,000 tons.They innovated a block

The International Energy Agency's medium-term 2023 oil Market report, released on June 14, said that global oil demand growth will slow significantly in the coming years as the transition to clean energy accelerates.Global oil demand, supported by strong demand from the petrochemical and aviation se

Ria Novosti reported on March 8, Opec Secretary General Ghaith said at the Cambridge Energy Week meeting in Houston that Opec members believe global oil demand will grow by 2.3 million barrels per day this year, most of which will come from India, China and other Asian countries, with China accounti