Crude oil has risen for five consecutive years. As of the second observation day of this cycle, No. 92 gasoline is expected to increase by 450 yuan/ton.
Crude oil futures prices fell to an unprecedented negative number, but it helped the U.S. economy. The bond redemption crisis of shale oil producers may be resolved.
Russia discovered oil deposits with a storage capacity of 82 million tons, and Türkiye discovered rare earths that could be used globally for thousands of years.
"Comment Closing" Crude oil rose 4.99% during the day. The agency said that the internal and external markets were high and the price of low-sulfur fuel oil continued to fall. The decline of low-sulfur fuel oil was significantly greater than that of high-sulfur fuel oil.
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"Welcoming the 20th National Congress of the Communist Party of China, the City's Achievements in Learning from Lei Feng's Practice Base" observation and exchange activities were held