News list for " Petroleum"
On May 2nd, US President Trump warned on social media: All purchases of Iranian oil or petrochemicals must stop immediately! Any country or individual purchasing oil or petrochemicals from Iran will be subject to immediate secondary sanctions. They will not be allowed to do business with the United States in any way or form.
Brent crude rose 2.00% to $62.24 a barrel after US President Donald Trump warned that purchases of Iranian oil products must be stopped immediately or face sanctions.
On April 6, two sources said that the OPEC + ministerial meeting held on Saturday maintained the oil production policy unchanged and was discussing compliance with production reduction targets and plans for some member countries to compensate for production exceeding quotas.
At the end of the morning, the main contracts of domestic futures rose and fell. Liquefied petroleum gas (LPG) and caustic soda rose more than 3%, coke, butadiene rubber, asphalt, methanol, and SC crude oil rose more than 1%. In terms of decline, Consolidated Europe Line fell more than 2%, and industrial silicon and palm oil fell more than 1%.
Iran approves plan to increase oil production by 250,000 barrels per day.
The Iraqi Ministry of Petroleum: This production cut will continue in the coming months.
Japan Petroleum Institute (PAJ): In the week ending October 5, Japan's commercial crude oil inventories increased by 270,000 thousand to 11.50 million thousand liters.
Japan Petroleum Institute (PAJ): As of the week of September 21, Japan's commercial crude oil inventories increased by 270,000 thousand liters to 11.48 million thousand liters.
Gold Ten Futures, September 24th, the Shanghai Futures Exchange announced that after the trading on October 8, 2024 (Tuesday), since the closing of the first trading day without a unilateral market, the limit range and trading margin ratio are adjusted as follows: copper, aluminum, zinc, lead, alumina, rebar, hot-rolled coil, stainless steel, natural rubber, pulp futures contracts The limit range and trading margin ratio of futures contracts returned to the original level; fuel oil, petroleum as...
At the opening of the night, the main contracts of domestic futures were mixed, with liquefied petroleum gas, Shanghai lead, Shanghai silver, low-sulfur fuel oil, alumina, and SC crude oil rising more than 1%. In terms of decline, coking coal and coke fell nearly 1%.
