A preliminary survey released on Monday, October 27th, showed that both U.S. crude oil and refined product inventories were expected to fall last week. Based on

On October 27th, the commodity price index BPI was 870 points, an increase of 2 points from yesterday, a decrease of 35.22% from the highest

On October 26th, the commodity price index BPI was 868 points, unchanged from yesterday, a decrease of 35.37% from the highest point of 1,343 points

According to China Chemical News, on October 23, the Sinopec News Office announced that the Qiluye-1 well—a high-risk exploratory well deployed by Sinopec Exploration in

On October 23rd, international crude oil futures saw a sharp rise. The December contract for US WTI crude oil futures settled at $61.79 per barrel,

On October 24th, the WTI crude oil benchmark price in SunSirs was $58.50 per barrel, a decrease of 6.2% compared to the beginning of this

On October 24th (Thursday), Kuwait's Oil Minister Tariq Al Roumi stated that as the United States imposes a new round of sanctions on Russian oil

The National Bureau of Statistics announced that in September, the raw coal production of industrial enterprises above designated size was 410 million tons, a year-on-year

On October 23, the commodity price index BPI was 866 points, unchanged from yesterday, a decrease of 35.52% from the highest point of 1,343 points

Looking at the actual output from OPEC, the strong production expectations have been fulfilled. What is worth noting is that the expansion of production capacity

Data released by the Joint Oil Data Initiative (JODI) on Wednesday, October 22, showed that Saudi Arabia's crude oil exports rose to a six-month high

The U.S. Energy Information Administration (EIA) released its inventory report on Wednesday, October 22, showing that U.S. crude oil, gasoline, and distillate inventories fell last

The permitted crude oil import volume for 2026 is set at 257 million metric tons. Applicants must meet the following conditions: Demonstrated utilization

Macroeconomics 1. [US-India Trade Agreement] According to sources familiar with the matter, India and the United States are close to reaching a trade agreement that could

The American Petroleum Institute (API) released data on Tuesday, October 21st, showing declines in US crude oil, gasoline, and distillate inventories last week. For the week

Macroeconomics 1. [GDP] National Bureau of Statistics: Preliminary calculations show that GDP in the first three quarters reached 101,503.6 billion yuan, a year-on-year increase of 5.2%

The market is still in the "TACO" trading phase, with oil prices likely to fluctuate in the short term due to strong uncertainties on both

A preliminary survey on Monday, October 20, showed that US crude oil inventories are estimated to have risen last week, while gasoline and distillate inventories

On October 19th, the commodity price index BPI was 865 points, unchanged from yesterday, a decrease of 35.59% from the highest point of 1,343 points

On Thursday, October 16, the U.S. Energy Information Administration (EIA) reported that U.S. crude oil inventories rose last week, while gasoline and distillate inventories fell. Data