It can be seen that China's crude oil consumption in the world after the United States, China's crude oil production can not meet demand, this is due to China's oil resources to take over lack of restricted production, on the other hand, due to technical factors. ...
Therefore, China’s crude oil import volume in 2021 dropped on a year-on-year basis. But China’s crude oil import dependence degree remains over 70%. China is the world’s second largest crude oil consumption country and the largest crude oil importer. Therefore, China has high requirements...
Yang Xiaoping, president of BP China, said China's crude oil futures offer companies in the real economy a hedging tool that can better reflect market conditions in Asia. The Asia-Pacific region has surpassed America and Europe in crude consumption. China is the world's second-largest oil con...
China is one of the world's largest oil buyers, with over 60 percent of its oil consumption coming from imports. The country imported 38.4 million tonnes of crude oil in August, up 12.9 percent from the same period last year. Meanwhile, natural gas output reached 12.9 billion cubic meters,...
Lyu Jianzhong, deputy director of the CNPC Research Center of China Top Think Tanks, part of State-owned China National Petroleum Corp, said that currently, about 70 percent of China's crude oil consumption relies on imports. The corresponding figure for natural gas exceeds 40 percent. ...
SunSirs: The Rise in Crude Oil Drives the Trend of China Domestic Ship Fuel Consumption,WTI crude oil Diesel Gasoline WTI crude oil,Energy
Yang Xiaoping, president of BP China, said China's crude oil futures offer companies in the real economy a hedging tool that can better reflect market conditions in Asia. The Asia-Pacific region has surpassed America and Europe in crude consumption. China is the world's second-largest oil con...
Crude oil, which is an important part of energy consumption, can drive or hinder economic development based on its production and consumption. Reasonable predictions of crude oil consumption in China are meaningful. In this paper, we study the grey-extended SIGM model, which is directly estimated...
The contract will enable China to develop its own benchmark for oil pricing in addition to current global benchmarks. The Asia-Pacific region has surpassed America and Europe in crude consumption, but a benchmark with high recognition is still missing. ...
This round of finished oil retail prices is facing the "tenth" increase this year. In terms of gasoline: On the one hand, domestic gasoline is strongly supported by the cost of crude oil, and on the other hand, it has entered the peak season of gold, silver, and ten consumption. With...