Chen Wei

Nov 14, 2024 | offshoresource.com | Chen Wei

Oil prices sustained above $80/bbl since January as weaker demand fundamentals were offset by geopolitical risk in the Middle East and stagnant supply. Seasonal demand growth coupled with full OPEC+ cuts before the Group’s announcement to roll back on voluntary reduction from September should drive tightness in the global oil markets and maintain prices in the $80-90/bbl range; an attractive level to encourage investments into new projects.

Nov 14, 2024 | westwoodenergy.com | Alex Middleton |Chen Wei

In view of attractive oil prices, an uptick in E&P investments and robust drilling activities, the active offshore support vessel (OSV) fleet increased by 22 vessels over the past 12 months and pushed effective utilisation to 75%. However, future utilisation remains contingent on fleet rejuvenation. Robust 45% growth in offshore EPC investmentOil prices sustained above $80/bbl since January as weaker demand fundamentals were offset by geopolitical risk in the Middle East and stagnant supply.

Oct 23, 2024 | chine.in | Li Yue |Wang Hongjiang |Chen Wei

La Chine augmentera les prix de vente au détail de l'essence et du diesel à partir de jeudi, sur la base des récents changements des prix du pétrole sur le marché international, a annoncé mercredi le planificateur économique suprême du pays. Les prix de l'essence et du diesel augmenteront respectivement de 90 yuans (environ 12,6 dollars) par tonne et de 85 yuans par tonne, a annoncé la Commission nationale du développement et de la réforme.

Jan 16, 2024 | auburnpub.com | Chen Wei

Skip to main contentSkip to main content Register for more free articles. Please subscribe to keep reading. You can cancel at any time.

Jan 16, 2024 | chronicleonline.com | Chen Wei

Skip to main content You have permission to edit this image.