Energy analysts said on Wednesday August 5 that US shale oil production will continue to grow, which will offset the decline in production in other oil-producing regions in the coming months. Stephen, PVM Oil Company AnalystIn Asian trading on Wednesday,

On June 22, the main focus was to discuss whether to increase production to compensate for the decline in Venezuela and Iran’s supply. In the short term, the news should push up the fluctuation of oil prices. If the increase in production announced at tha

According to a Reuters report last week, India allowed state-owned refineries to import Iranian oil arranged by Iran for tankers and insurance. Prior to this, India’s largest shipping company, the National Shipping Company of India, suspended routes to Ir

One of the shortcomings of moving averages is that they lag the market, so they are not necessarily a sign of trend changes. To solve this problem, the use of a short-period moving average of 5 or 0 days will reflect recent price trends better than a 40 o

Gao Jian said that even if it has reduced the scale of production reduction, there will still be a certain amount of production reduction. It is difficult to fill the current market supply gap by relying solely on the increase in shale oil production in t