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Behind the sharp drop in oil prices, jpmorgan's "perplexion": Where did the sudden emergence of 45 million barrels of oil come from?
JPMorgan believes that global crude oil inventories are underestimated as a key factor. The additional inventory may be stored in underground facilities, making it difficult for satellite monitoring companies to accurately track specific changes. Oil industry expert Ilia Bouchouev states that when estimating crude oil supply and demand data, investors are like groping in the dark, making it difficult to obtain precise results.
Buy back stocks to repay loans! Cash flow crisis for oil giant, will the 'platinum age' of refining industry come to an end amid low oil prices?
With the decline in crude oil prices and refining profit margins, four of the five major super oil companies may need to borrow money to fund the recent $15 billion share buyback for the last quarter.
Petroleum Futures Weaken on Move to Winter-Grade Gasoline -- OPIS
A new round of price adjustment window will open tonight, with 95 octane rbob gasoline possibly entering the "8 yuan era".
Is the domestic oil price going to increase again?
Oil: Geopolitical Tensions Remain at a Boil – TDS
Oil Prices Decline Sharply on a Weekly Basis – Commerzbank
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