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Dalian precious metal spot trading center investment hotline: QQ Manager Liu Dalian precious metal investment, Dalian precious metal silver investment, Dalian precious metal silver agent, Dalian precious metal personal agent, Dalian precious metal company agent, Dalian precious metal agent, Dalian precious metal spot investment, Dalian precious metal Commodity investment, gold, silver, copper, palladium, mixed aromatics, asphalt, fuel hydrocarbons, energy.
According to a Reuters report on Friday, monthly data showed that the number of Aframax tanker bookings has nearly doubled, and more and more tankers are being used as offshore oil storage systems. As OPEC prepares to finalize the details of the production limit agreement in March, North Sea oil producers continue to increase production, and OPEC members themselves are also producing oil non-stop, all of which will undoubtedly aggravate the oversupply situation. In addition, Canada, Russia and Brazil are now ignoring calls from OPEC producer Venezuela to cut production. Jonathan added that currently more than one oil tanker has been ordered to carry crude oil from areas near the Singapore island. The oil market has remained sluggish recently, and Singapore will undoubtedly take advantage of the opportunity to make substantial profits. During periods of violent oil price fluctuations, many traders will store crude oil in offshore tankers and sell the crude oil to obtain high profits once the oil price rises in U.S. dollars. This is where contango comes in. However, the Energy Intelligence Agency believes that contango may not be the reason for the rise in tanker inventories. In this regard, Jonathan believes: The big question now is whether the increase in offshore inventories in Northwest Europe is due to contango or due to insufficient onshore inventory space? Judging from the onshore inventory data, it seems that the latter is more in line with the current situation.
Dalian Precious Metals Spot Trading Center investment hotline: QQ