The long and short news is intertwined. Where is the price of oil?
   The good performance of the Organization of Petroleum Exporting Countries (OPEC) production reduction agreement has greatly encouraged the bullish morale, but the continued increase in the number of active oil drilling in the US and the rebound in the US dollar have limited the upside of oil prices.
   Fundamental positive factors:
   Kuwaiti Oil Ministry officials said on Friday (January 6) that the country had cut crude oil production to 2.77 million barrels in January, completing the quota target of the cut-off agreement reached by the Organization of Petroleum Exporting Countries (OPEC) on November 30 last year. . According to sources quoted by the Wall Street Journal, Saudi Arabia has also fully implemented the production reduction agreement. Since the beginning of this month, the world's largest crude oil exporter's crude oil output has fallen by at least 486,000 barrels per day to 10.58 million barrels per day. At the same time, non-OPEC Middle East oil producer Oman also informed customers last week that it will cut crude oil supply in March, a decrease of about 5%.
   Reuters survey showed that OPEC crude oil production in December decreased from 34.4 million barrels per day in November to 34.2 million barrels per day, mainly due to the decline in production in Nigeria and Saudi Arabia. However, the target of 32.5 million barrels per day is still 1.7 million barrels per day, with the increase in crude oil production in Libya, Iran and Iraq in December.
   According to the latest data from the US Energy Information Administration (EIA), as of December 30, US crude oil inventories fell by 7.051 million barrels to 479 million barrels, a decrease of 1.5%, the largest decline since September 8, 2016. Market estimates To reduce 2.125 million barrels. US crude oil imports fell by 1.043 million barrels last week to 7.183 million barrels per day. Refinery capacity utilization increased by a percentage point to 92.0%, and daily refining capacity increased by 132,000 barrels.
   Energy consultancy Wood Mackenzie said in the report that Asia's refining capacity will achieve the three-year net increase in 2017, further boosting demand for crude oil in the world's largest and fastest-growing oil-consuming region. The company said that China, India and other countries are building and expanding refineries, which will offset the impact of Japan's shutdown of refining capacity, which will enable Asia to increase its crude oil processing capacity by 450,000 barrels per day in 2017, the highest since 2014. Incremental.
   The latest news shows that OPEC and non-OPEC production supervision committee plans to hold a meeting in Vienna on January 21-22 to jointly agree on how to implement the production reduction plan, which also provides further support for oil prices.
   As a traditional market drama, and the first employment report in 2017, the US Department of Labor (DOL) released data on Friday (January 6) showed that the number of non-farm payrolls in the United States increased by 156,000 in December, less than the market. The increase is expected to be 175,000, and the unemployment rate rose to 4.7% in December. However, the hourly wage rate rose by 2.9%, the highest growth rate since 2009, and became the biggest highlight in the employment report. After an increase of 2.7 million jobs in 2015, the annual growth rate in 2016 also exceeded 2 million, reaching 2.16 million, which is the sixth consecutive year of new employment exceeding 2 million, the longest record since 1999. After the non-agricultural announcement, the federal funds rate market showed that the Federal Reserve’s probability of raising interest rates in March was 31.4%, 71.9% in June and 84.4% in September. The strong US dollar has put pressure on oil prices.
   US oil service company Baker Hughes released data on Friday (January 6) that the number of active oil drilling in the US increased by 4 to 529 in the week ended January 6, 2016, even for the tenth week. Brushed a new high since December 2015 and higher than the 516 in the same period last year. In addition, the total number of active oil and gas drilling in the United States increased by 7 to 665, an increase from the same period last year.
   According to the latest data from the US Energy Information Administration (EIA), as of December 30, US refined oil inventories increased by 1.051 million barrels, and the market is estimated to increase by 1.1 million barrels. US gasoline inventories increased by 8.307 million barrels last week, the largest increase in a year, and the market is estimated to increase by 1.786 million barrels. Cushing's stock of US crude oil delivery increased by 1.074 million barrels, hitting the highest level in May last year. It has recorded growth in 6 weeks in the past 7 weeks, with the previous value increasing by 172,000 barrels. In addition, last week, US domestic crude oil production increased by 0.4 million barrels to 8.77 million barrels per day, but it remained at the 9 million barrels per day for the 39th consecutive week.
   According to the latest data from the Russian Ministry of Energy, Russia's crude oil output in December was unchanged from the previous month, maintaining a record high of 11.21 million barrels per day for nearly 30 years. Russia's total crude oil output in December reached 47.04 million tons, up from 45.884 million tons in November. Total production for the full year of 2016 rose to 547.499 billion tons, an increase of 10.72 million tons from 2015. For 2017, the Russian Ministry of Energy expects total crude oil production to reach 5.4-551 million barrels, about 1101-1107 million barrels per day.
   In this special industry environment, Shenyang Tiantianyuan Packaging Co., Ltd. has ensured high-quality supply by virtue of years of good faith management. At the same time, the downstream dealers abide by the commitments and ship at the agreed price. In the sudden turmoil, the essence of Tiantianyuan's packaging integrity management is reflected, and the trust and praise of the customers are obtained, thus entering a virtuous circle. Tiantian Yuanhui will adhere to the humanity as the foundation in the future growth path, based on quality, and pay attention to environmental protection as its own responsibility, and strive to produce high quality BOPP tape mother roll; tape semi-finished product; BOPP tape; tape finished product and mask film , cleaning tape, electrical tape; insulation pipe PVC pipe tape, white paper aluminum foil, rubber and plastic cloth base, explosion-proof aluminum foil; seam mesh (paper) with series of caulking mesh belt, seam paper tape; textured paper Series of practical textured paper, high-viscosity textured paper, automotive medium-temperature textured paper, exterior wall professional textured paper; cloth base; PVCC warning tape; greenhouse tape. Our company must make a meager effort to turn China's plastics country into a plastic powerhouse, and the plastics industry has successfully transformed and upgraded. This requires us to work hard to develop new technologies and products for the packaging enterprises of Northeast Tape, to integrate with the international market, enhance the strength, and strive to make BOPP tape mother rolls; tape semi-finished products; BOPP tape; tape products to achieve world-class level, Take the northeast tape out of the country and face the world.
发送反馈
历史记录