Author name: qc@jltoil.com

The International Energy Agency’s medium-term 2023 oil Market report, released on June 14, said that global oil demand growth will slow significantly in the coming years as the transition to clean energy accelerates. Global oil demand, supported by strong demand from the petrochemical and aviation sectors, is forecast to grow 6 per cent to 105.7 …

International Energy Agency: Global oil demand growth will slow significantly 更多 »

Recently, international oil prices have been on the decline. Since mid-April, oil prices have continued a volatile downward spiral, falling from above $80 a barrel to near $70. Despite occasional pullbacks, the impact of macro factors on investor sentiment continues to weigh on the market, with the overall downward trend in oil prices continuing. Where …

Will international oil prices rebound even after going down? 更多 »

“Seven Pages” reported on May 18, the data of Bolivian National Bureau of Statistics (INE) and the Institute of Foreign Trade (IBCE) showed that the amount of fuel and lubricating oil imports in the first quarter was 712 million US dollars, up 19.2% year on year, including diesel imports of 455 million US dollars, up …

Bolivia’s oil imports rose sharply in the first quarter 更多 »