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Hunan Weide Investment Promotion, Hunan Weide
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In addition, Jinshi previously reported
Russia’s oil production remained relatively high last month. Although the figure fluctuated little compared with the previous month, it has maintained growth for several consecutive months. Among them, new projects in the Arctic Ocean have been able to In addition, Russia's monthly crude oil export volume increased by 10,000 barrels/day to 10,000 barrels/day, which may be the highest level this year.
However, amid the bad news, there is still a glimmer of hope. Analysts at S&P's "Platts Energy Information" said that low oil prices have driven a surge in China's crude oil imports. They predict that China's daily crude oil imports will reach 10,000 barrels this year, an increase of 10% from last year's 10,000 barrels. This is mainly because starting from last year, China no longer restricted private refiners to only purchase crude oil from state-owned oil companies, resulting in teapot refiners' overseas imports. At the same time as the substantial increase, the drop in oil prices has had an impact on China's oil production. Many of China's oil fields are aging and the cost of extraction is becoming higher and higher.
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