Snake Oil Trading Blog
Studies on fundamentals of the crude oil market.
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8.29.2021
Crude oil price and demand recovers, why U.S. production remains slow?
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Crude oil prices and petroleum demand in the U.S. have recovered pre-COVID-19 pandemic level. However, the recovery of crude oil production...
1 comment:
3.28.2020
Paradigm shift in supply/demand could boost the crude oil price
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Amid many assets are losing their value globally due to the shrinking economic activities triggered by the pandemic of COVID-19, the crude...
1 comment:
10.27.2018
Japanese petroleum demand has decreased to same level as 1960's
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Refinery crude oil throughputs in Japan during the first half of October dropped below 2.5 million barrels per day for the first time since...
1 comment:
8.27.2018
China crude oil production declining with no shale oil development
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Although China is one of the major countries that have shale oil reserves, about 48 billion tonnes of her proven reserves have almost not d...
1 comment:
6.17.2018
How China's crude oil imports are exaggerated
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Accumulated domestic crude oil supply/demand balance, that deducts processing volume from the total supply of net imports and productions, ...
9.26.2014
Chinese petroleum demand rises despite slowing down in economic data
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Although recent economic data show sluggish growth of Chinese economy, petroleum demand in August was unexpectedly steady. Apparent petrol...
1 comment:
6.30.2014
Fossil fuel costs for nuclear outage in Japan to be offset by decreasing crude oil imports
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Japan's crude oil imports fell 19% on year to 2.74 million barrels per day in May, according to customs data. It was first time that the...
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