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Well-known, after China is controlling information about and appraisal of an epidemic, economy is worth during restoring, our country picks up to the energy demand such as oil, entrance crude oil begins to increase, among them sand is special all the time since it is one of countries of our country's important oil entrance origin, just, be in especially dene after seeing Chinese demand is exuberant, had prepared to raise the oil sale price of pair of Asia areas.
1, sand spy rises in price to Asian client oil, every pails of 6.1 dollars, or because Chinese petroleum demand is exuberant
According to daily economy press, the crude oil of will all July grade moves Shateamei on the price to the Asia 5.6 dollars - 7.3 dollars; Among them Arabia pledges every move crude price on the bucket gently 6.1 dollars, premium of more fiducial price 20 cent, rise what extent comes for at least 20 years is the biggest go up. Come so, the level before case of sanded especially original oil price has resumed price war of oil of tsarist Russia two countries.
As we have learned, the Asia is Shateamei's biggest region market all the time, can purchase the oil sales volume of above of sand spy half every year, but oil price is low recently fan let earn a lot of especially less dene.
According to report of the first finance and economics, total bureau of statistic of Saudi Arabia country announces newest data to show, accept demand low confuse and oil price drops wait for element combined influence, sand spy oil is exported 2020 drop compared to the same period first quarter 21.9% , export total drops to 40 billion dollar, with the corresponding period dropped last year about 11 billion dollar.
Have forecast show, will be opposite especially dene July the oil exit amplitude of Asian area is the biggest, probably because of this reason, sha Tecai chooses to rise in price to Asian area, include to trade business people also feel mostly, demand of Chinese crude oil is strong it is the main factor that makes Sha Teshi oil rise in price.
Want to know, china is the country of crude oil entrance with the biggest whole world all the time in recent years, although global economy is at present fatigued and weak, but Chinese economy as before driving, very big also to crude oil demand. Data shows, china imported crude oil in May forty-seven million nine hundred and sixty-nine thousand tons, increase compared to the same period 19.2% , according to calculating, this is equivalent to daily eleven million two hundred and ninety-six thousand pails, before this volume of crude oil import was 9.84 million pails in April / day, was 9.47 million pails in May 2019 / day.
Before this year 5 months, china imports crude oil amount two hundred and fifteen million five hundred and seventy-six thousand tons, add up to ten million three hundred and fifty-three thousand pails / day, relatively the corresponding period increased last year 5.2% . IHS Markit analyst says: "Restore what machine considering crude oil quickly and store strong activity, the crude oil entrance that we predict China may be in before downstream demand anabiosises in the round, pick up considerably.
2, China imported oil of eighty-three million three hundred and twenty-two thousand tons of sand spy last year, continue especially dene reduction of output is carried brace up oil price
China regards the world as system of the 2nd old economy, all the time since reside to petroleum demand do not fall high, need each years to import much oil to produce demand in order to satisfy, it is China's biggest entrance origin country especially dene among them. Data shows, china imported Saudi Arabia crude oil 2019 eighty-three million three hundred and twenty-two thousand tons, increase considerably compared to the same period 61% , 16.5% what occupy annual to import crude oil gross.
This year first quarter, although whole of global commerce gross drops somewhat, but China still keeps stable with whole of commerce of sand spy two countries, china still is the first destination that makes goods of sanded outstanding mouth and the main source that import goods. Saw Chinese demand picks up, sand spy oil begins to rise in price, this kind of action obtains China very hard to buy domestic good impression actually, but still agreed to extend agreement of reduction of output recently especially dene, prospective oil price still can continue to rise.
According to the report, the Organization of Petroleum Exporting Countries (OPEC) , on Russia and petroliferous allied country Saturday (on June 6) agree, order the day before yesterday all dimensions of 9.7 million pails crude reduction in production is lengthened to the end of July, agreement of this reduction of output will cut down global crude oil to supply nearly 10% , already helped oil price be in two months rebounded continuously in the past. Additional, any did not mix in May the 100% members that perform reduction in production will be in in June in July - additional reduction in production is made up for with making between September.
The agreement of oil reduction in production that gram of the admire that occupy Europe and blame Ou Peike reach before petroliferous country, was day to the dimensions of reduction of output June in May originally all 9.7 million pails, will fall to dimensions of reduction of output of the end of the year in July to daily 7.7 million pails, but will continue in July reduction of output, will aid push oil price to upsurge. one Asia is early dish, beautiful crude oil breaks through 40 dollars / upper part of bucket integer col, for since March 6 first.
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