According to China Chemical News, most investment banks and the U.S. Energy Information Administration (EIA) predict that average oil prices in 2026 will fall below

On December 15th, it was learned from PetroChina Yunnan Petrochemical Co., Ltd. that it has processed over 88 million tons of crude oil and achieved

According to China’s National Bureau of Statistics, crude oil production growth accelerated. In November, crude oil output from large-scale industrial enterprises reached 17.63 million tons,

In the city of Daqing in Heilongjiang Province, China, in the biting cold, the oil pumps are tirelessly moving back and forth. Recently, China Petroleum's

On Monday, December 15th, a preliminary survey showed that US crude oil inventories likely declined last week, while distillate and gasoline inventories may have increased. Prior

On December 15th, the commodity price index BPI was 885 points, a decrease of 4 points from yesterday, a decrease of 34.10% from the highest

According to data from the National Energy Administration, China's crude oil production is expected to reach 215 million tons by 2025, setting a new historical

On December 14th, the commodity price index BPI was 889 points, unchanged from yesterday, a decrease of 33.80% from the highest point of 1,343 points

On December 12th (Thursday), the International Energy Agency (IEA) raised its global oil demand growth forecast for the next two years, predicting that global oil

On December 11th, the commodity price index BPI was 888 points, up 2 points from yesterday, down 33.88% from the highest point of the cycle

Macroeconomics 1. Fed Rate Cut: Early Thursday morning Beijing time, the Federal Reserve announced a 25 basis point rate cut as expected, lowering the target range

According to the Hindu newspaper, India's oil imports from Russia will decrease by 38% in October 2025 compared to last year, and the import volume

The latest data from China National Energy Administration shows that crude oil production is expected to reach 215 million tons by 2025, setting a new

On Tuesday, December 9th, the US Energy Information Administration (EIA) stated in its monthly Short-Term Energy Outlook (STEO) report that US oil production this year

On December 9th, the commodity price index BPI was 885 points, a decrease of 1 point from yesterday, a decrease of 34.10% from the highest

On December 9th, it was announced that the Jimsar National-Level Onshore Shale Oil Demonstration Zone, my country's first national-level onshore shale oil demonstration zone, completed

On December 8th, the General Administration of Customs released data showing that in the first 11 months of 2025, China's total import and export value

On Monday, December 8, a preliminary survey indicated that U.S. crude oil inventories are expected to decline last week, while distillate and gasoline inventories are

On December 8th, the commodity price index BPI was 886 points, unchanged from yesterday, a decrease of 34.03% from the highest point of 1,343 points