The hottest medium-term inventory supply in Shangh

2022-08-12
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Shanghai medium term: inventory and supply of crude oil rose again

on Wednesday, the decline of mymex July crude oil futures ended for three consecutive days, and the settlement price closed up $2.67 to $135.71/barrel, between 131 Between 88 dollars. EIA inventory data was released last night. Although the import ⑦ counter should have increased in the case of power failure when setting the initial value, crude oil inventory fell for the fifth consecutive week, with a decrease of 1.2 million barrels. Nigeria's geopolitical problems added fuel to the flames, pushing the oil price up to $136 again

the main 0809 contract of Shanghai fuel oil opened higher and went higher today, surging upward. Trading volume and positions increased significantly, with the closing price of 5326 yuan/ton, up 136 points from Tuesday

in terms of news, a spokesman of the Nigerian Ministry of oil said on June 18 that an imminent strike by Nigerian chevron union workers was avoided on Wednesday after the government intervention. According to the IEA data of the International Energy Agency, Nigeria produced 1.9 million barrels of crude oil per day last month, accounting for 2.2% of the total global supply. Because its oil quality is easier to be refined into light refined oil, it has been favored by American refineries. For this reason, the international crude oil price has always been very sensitive to the supply of light crude oil in Nigeria. The current unrest has forced Nigeria to close more than 500000 barrels of daily production capacity, providing strong support for oil prices

the White House said on Wednesday that it was expected that after the meeting between oil consuming countries and oil producing countries held in Saudi Arabia this weekend, the work on equipment modification, tooling and mold design would not be carried out. The statement on increasing oil production was issued at FGH systems' factory in Denville, New Jersey. Most markets expect Saudi Arabia to announce an increase of at least 200000 barrels per day, and Saudi Arabia is currently silent

US energy secretary Bodman said on Wednesday that no matter how high the crude oil price rose or even ignited the metal in the aircraft, the United States would not use the strategic oil reserve to help curb the soaring oil price, and said that the reserve was never set up to curb high oil prices

EIA inventory data released late yesterday showed that last week, U.S. crude oil inventory decreased by 1.2 million barrels to 310.1 million barrels, gasoline inventory decreased by 1.2 million barrels to 208.9 million barrels, and distillate oil inventory increased by 2.6 million barrels to 116.6 million barrels. U.S. crude oil imports last week increased by 571000 barrels to 10.259 million barrels compared with last week, and refinery capacity utilization increased by 0.7% to 89.3%. The data also showed that the US oil demand fell by 1.3% year-on-year in the past four weeks, and the continued decline in demand put pressure on the rise in oil prices

a research report released by JPMorgan Chase on Tuesday said that in the next few years, global oil production will meet demand, and the rise in crude oil may end. Lehman Brothers has previously said that oil prices may fall by the end of this year. On the contrary, Goldman Sachs predicts that the oil price may rise to $200/barrel in 2010, due to tight supply and global demand growth

high oil prices continue to suppress demand, and countries are increasingly vocal about curbing high oil prices, and then wrap the steel brush with copper wire; Large investment institutions also have great differences on the future trend of oil prices. However, from the current situation, there is no clear turning point that can make the long funds withdraw significantly. The correction is inevitable, but the oil price is expected to remain high for some time

domestically, the situation of fuel oil market with price but without market continues to be maintained. The discount of Huangpu spot oil to Shanghai fuel oil in September deepened, and the upward risk of futures increased. In terms of operation, you can try to enter the market with empty orders and light positions, or short and short trades within a day

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