Watch: China buys $5.9 billion of U.S. crude oil for $5 billion ⋆ Ltd Commodities|commode Skip to the content

Ltd Commodities|commode

  • Contact
  • Industry Travel
  • Supplier
  • Tutorial

Watch: China buys $5.9 billion of U.S. crude oil for $5 billion

Contact
    • By admin
    • Comments Off on Watch: China buys $5.9 billion of U.S. crude oil for $5 billion
    • August 8, 2021

Watch: China buys $5.9 billion of U.S. crude oil for $5 billion

China has bought a record $5,835 billion worth of U and Canadian crude oil futures to boost its global oil supply and offset a drop in the price of crude, which has fallen since the end of last year.

The U.K.-based benchmark Cushing, Texas-based U.N. benchmark Brent and the European Union-based Euronext all fell after China announced it would buy $5bn of Canadian crude from a subsidiary of state-owned oil giant Sinopec in a deal that was not immediately disclosed.

The deal is China’s biggest ever in the United States.

It is likely to boost the nation’s oil demand as it ramps up production at its massive petrochemical complex.

Analysts said the deal was a blow to the price and the futures contracts were already trading at a premium to the current price, while the market value of oil in the U.E. rose from $4.20 to $5 a barrel.

China has been buying U.B.C. crude since June, when the world’s second-biggest producer agreed to buy up to 60 per cent of its Canadian crude output.

It has so far bought 5,500 barrels per day, about twice as much as OPEC.

The move is expected to boost oil demand by as much 30 per cent.

Recent Posts

  • How to predict the future commodity market today
  • The metal commodities market is on a tear
  • Price charts for bidet, commode and winooskis
  • How to get free Freepoint: The new cryptocurrency for the blockchain world
  • Walgreens Commode: Big Pharma to Offer Health Savings Plan

Archives

  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021

Categories

  • Contact
  • Industry Travel
  • Supplier
  • Tutorial

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Tags

agwest commodities bathroom commode bedside commode bedside commode cvs best commodity etf bidet commode buy oil commodity camping commode castleton commodities castleton commodities international cnbc commodities futures cnbc energy commodities commode meaning commode parts commode seat commodities broker commodities broker salary commodity book perfume commodity definition commodity index etf commodity price charts commodity prices commodity production commodity super cycle commodity trading advisor commodity trading platforms commodo custom commodities transport derailed commodity drive medical commode free commodity charts future commodity market gsci commodity index handicap commode hot commodity definition investing commodity keystone commodities ltd commodities llc ltd commodities order lumber commodity prices nmfc commodity codes stock market commodities trading economics commodities types of commodities water commodity trading
  1. Friendship Links
  2.    
  3. 예스카지노
  4.   
  5. 우리카지노
  6.   
  7. Nov카지노
  8.   
  9. 퍼스트카지노
  10.   
  11. 우리카지노
  12.   
  13. 메리트카지노
  14.   
  15. 카지노사이트
  16.   
  17. Nổ Hũ
  18.   
  19. チェリーカジノ
  20.   
  21. カジノミー
  22.   
  23. ウィリアムヒル
  24.   
Sponsored By

우리카지노 | Top 온라인 카지노사이트 추천 - 더킹오브딜러.바카라사이트쿠폰 정보안내 메리트카지노(더킹카지노),샌즈카지노,솔레어카지노,파라오카지노,퍼스트카지노,코인카지노.2021 베스트 바카라사이트 | 우리카지노계열 - 쿠쿠카지노.2021 년 국내 최고 온라인 카지노사이트.100% 검증된 카지노사이트들만 추천하여 드립니다.온라인카지노,메리트카지노(더킹카지노),파라오카지노,퍼스트카지노,코인카지노,바카라,포커,블랙잭,슬롯머신 등 설명서.Best Online Casino » Play Online Blackjack, Free Slots, Roulette : Boe Casino.You can play the favorite 21 Casino,1xBet,7Bit Casino and Trada Casino for online casino game here, win real money! When you start playing with boecasino today, online casino games get trading and offers. Visit our website for more information and how to get different cash awards through our online casino platform.바카라 사이트【 우리카지노가입쿠폰 】- 슈터카지노.슈터카지노 에 오신 것을 환영합니다. 100% 안전 검증 온라인 카지노 사이트를 사용하는 것이좋습니다. 우리추천,메리트카지노(더킹카지노),파라오카지노,퍼스트카지노,코인카지노,샌즈카지노(예스카지노),바카라,포커,슬롯머신,블랙잭, 등 설명서.

Proudly powered by Revenuecpa | Theme: Consultera by chamheodat.com.
Back To Top