Oil prices have been rising recently, up 20% in the last trading day of this week alone, and some analysts doubt whether the rise is reasonable before seeing the results of production reduction and real demand growth. As oil producers cut production, investors bet that as the U.S. economy reopens, U.S. consumers will help the

Despite the novel coronavirus pneumonia epidemic, mineral company has been able to survive 2020, because of its significant streamlining of business, debt and spending cuts and productivity improvement, according to a new report released by Fitch Solutions. “We believe that the flexible and excellent financial situation established in the past few years will prevent the

When everyone is concerned about the collapse of the crude oil market, the global natural gas market is also facing great challenges. Buyers in Asia and Europe have cancelled at least 20 US LNG shipments, Reuters reported. Global demand for natural gas is declining, with cheniere energy, the leading us LNG exporter, estimating that 10

The novel coronavirus epidemic has been affected by the global outbreak, and demand for petrochemical products has declined sharply. Crude oil prices have dropped to low levels for many years, and this situation may last for months. In the face of this dilemma, Asian petrochemical producers are considering further production reduction. Economic activities in most

Since the outbreak of novel coronavirus pneumonia, the global trade in oil and chemical industry has changed rapidly with the epidemic situation. Novel coronavirus pneumonia is in a bad trend due to the new crown pneumonia epidemic, and the price of chemical products has plummeted, according to an news report. The market can’t see when

The soaring price of high melting fiber material is not only a market concept determined by the supply-demand relationship, but also a psychological price around the happiness index. How much can it fall depends on the social tolerance and adaptability of the big oil country. In short, it is the tolerance of the people to

On the evening of March 29, Jingao technology released its 2019 annual report. During the reporting period, its operating revenue reached 21.16 billion yuan, a year-on-year increase of 7.67%; its net profit attributable to shareholders of listed companies reached 1.25 billion yuan, a year-on-year increase of 74.09%. It is worth noting that this is the

Since the launch of soda ash, inventories have been accumulating and prices have fallen. From the supply side, there is a slight overcapacity. After the Spring Festival, with the resumption of soda ash enterprises, the supply exceeds the demand. From the demand side analysis, it is difficult to improve the output of the downstream glass

According to the latest report released by IEA on Friday, the global supply of biogas and biomethane can meet 20% of the global demand for natural gas and reduce greenhouse gas emissions, Turkish news agency reported on March 22. The IEA explained that biogas provides local energy and heat for communities and clean cooking fuel

Social public events have brought obvious impact on both sides of the methanol spot market supply and demand. At present, it is still in the process of gradual recovery, and the main futures contracts have been oscillating for nearly a month. In terms of supply, the inventory pressure of domestic methanol manufacturers is obvious, and