America can't live without Russian oil?
World News

America can’t live without Russian oil?

(News 24h) – Amid the depleted US oil reserves, Americans were still actively importing Russian Urals oil. Data from maritime surveillance services released on May 23 showed that seven ships carrying 6 million barrels of Russian Urals were en route to the United States. That’s more than 3 million barrels that the United States bought […]

World News

Oil prices rise slightly: People can not decide the market

(International relationship)                                                  –                         While the coronavirus epidemic is still stymying the world economy, supply is still far exceeding demand, cutting output will only cause a slight increase in oil prices. OPEC + countries continue to reduce oil production According to the media, Saudi Arabia and Kuwait will stop producing oil in neutral areas of […]

Opening oil price, Saudi struggled with budget
World News

Opening oil price, Saudi struggled with budget

(News 24h)                                                  –                         Saudi Arabia raises budget compensation tax, Russia adopts support package to help people recover their business after the economic restart. Oil prices have clearly affected many oil-exporting countries, including Saudi Arabia, leading OPEC and Russia. When Riyadh began declaring it would flood the world with cheap oil, it was unlikely that […]

Royal Dutch Shell sold off US shale gas assets
World News

Royal Dutch Shell sold off US shale gas assets

(News 24h)                                                  –                         Royal Dutch Shell sold its assets in the Appalachia region, the largest shale gas field in the US, at prices nearly nine times lower than when it was purchased. Energy giant Royal Dutch Shell is negotiating to sell its Appalachia shale gas field to the National Fuel Gas Company (NFG) listed […]

Oil 30 USD / barrel will be able to revive shale oil
World News

Oil 30 USD / barrel will be able to revive shale oil

(News 24h)                                                  –                         Shale producers expect oil prices at $ 30 per barrel to be able to reactivate rigs. Oil prices ended gains on Friday after reports of the US Petroleum Institute showed that US crude inventories rose 8.4 million barrels last week, a much larger increase than the previous year. with expected. The […]