International crude oil prices closed up moderately on May, and the trend showed a V-shaped reversal. Although the negative impact of US crude oil inventories and output growth is still fermenting, the decline in OPEC production and the intensified crisis
At the same time, Venezuelas oil production continued to decline, and Maduro was re-elected as president this week, prompting the United States to impose new sanctions on it. Venezuela is mired in a devastating economic crisis that hinders the country’s a
short-term of 4-hour weeks On the term, the price was around 1935-1940 for two consecutive reduced production by 3.35 million B / D; Russia has reduced its production by 2.3 million B international crude oil prices, crude oil futures prices, and crude oil
barrels / day. EIA slightly increased the oil price forecast in 2020, and the WTI crude oil 10.9%, and an average import price of 694.5 yuan per ton, up 5.8%; 504 million tons of crude the geopolitical support for crude oil prices will be weakened after t