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After seeing this news this morning, I suddenly woke up after being groggy all morning. A strong country is the dream of each of us, and it is also the struggle of each of us. Although we may feel that we have nothing to do with national affairs, I don’t think it has nothing to do with it, but it is closely related to it. Especially as an oil investment practitioner, I am even more proud of my country.
Everyone who invests in oil knows that the oil data released by China every day come from the New York Stock Exchange and the London Stock Exchange. Not only China, but also all other countries in the world except the United States and the United Kingdom. This is the strength of the country. The representative of China is not just oil. It is a comprehensive and powerful country created by the combination of national soft power and hard power. Currently, China is moving in this direction, and we have already seen the dawn. The following is the original text of the news
China announced last year that the first phase of the national oil reserve project has been completed, with 10,000 barrels of crude oil stored in a national oil reserve base. The second phase of the project is being injected with oil, and the third phase of the project is under construction.
This month, China's net oil imports reached 10,000 barrels per day, which was the same as the same period last year. Net imports reached 10,000 barrels per day, which was higher than the same period last year.
In March, China United Oil (a trading subsidiary of state-owned PetroChina) purchased ships from Oman and Abu Dhabi to ship crude oil, with a total volume of 10,000 barrels, equivalent to a quarter of global daily crude oil consumption.
The rush to buy has supported the benchmark price of Middle East crude oil and boosted the price of Brent crude oil, one of the international benchmark oil prices, to US dollars per barrel. Brent crude oil futures rose in the month, and U.S. crude oil futures rose the most in January.
Recently, China's two largest oil companies (China National Petroleum Corporation and Unipec) have been expanding their influence in the Middle East. The two companies have dominated key Middle East crude trading this month.
Taken together, with the growing crude oil reserves, China’s voice in the international crude oil field is expected to be further enhanced
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