Saudi Arabia sells 10% of its share of U.S. debt, U.S. oil inventories may be depleted, and the petrodollar agreement may end early

Saudi Arabia sells 10% of its share of U.S. debt, U.S. oil inventories may be depleted, and the petrodollar agreement may end early



As of November 5, Eastern Time, U.S. WTI December crude oil futures closed up $2.46, or 3.12%, at $81.27 per barrel. Brent January crude oil futures closed up $2.20, or 2.73%, at $…

32 countries have blatantly canceled the GSP treatment for China, and the foreign trade situation has suddenly become severe!

32 countries have blatantly canceled the GSP treatment for China, and the foreign trade situation has suddenly become severe!



According to the Global Times, starting from December 1 this year, 32 countries including EU member states, Canada and the United Kingdom will cancel the “Generalized System …

Overseas orders are difficult to increase, weaving options are “flat”, and the situation of polyester will be worrying in the future

Overseas orders are difficult to increase, weaving options are “flat”, and the situation of polyester will be worrying in the future



In September, some textile companies reported that overseas orders had been placed one after another. Weaving factories were crowded and lined up, and dyeing factories were also in…

Raw materials and dyeing costs are at a premium, and textile orders are about to be disrupted again!

Raw materials and dyeing costs are at a premium, and textile orders are about to be disrupted again!



The recent textile market has been in a state of flux! This unfair market situation has made it difficult for textile companies to do both. One second it might have been: “Ra…

Hengli Petrochemical’s new materials territory expands again and enters the field of modified plastics

Hengli Petrochemical’s new materials territory expands again and enters the field of modified plastics



Recently, domestic private refining and chemical giant Hengli Petrochemical (600346) has sent good news again. Its wholly-owned subsidiary Kanghui New Materials Technology Co., Ltd…

International oil prices are “rising”, and OPEC+ once again “ignores” U.S. requirements

International oil prices are “rising”, and OPEC+ once again “ignores” U.S. requirements



Recently, affected by the energy crisis, international oil prices have been “rising”. Brent crude oil reached more than 86 US dollars per barrel at the end of October, …

Extreme weather changes the market trajectory. Textile market: Depending on the weather, will nylon fabrics and gallbladders place crazy orders again?

Extreme weather changes the market trajectory. Textile market: Depending on the weather, will nylon fabrics and gallbladders place crazy orders again?



At the beginning of winter, snowflakes are flying. The strongest cold wave in the second half of the year continues to move eastward and southward. Over the weekend, significant ra…

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Fundamentals are not enough to support oil prices, and bull funds no longer recognize high oil prices?

Fundamentals are not enough to support oil prices, and bull funds no longer recognize high oil prices?



Oil prices have experienced sharp ups and downs in recent times, which is far from normal. The views of both bulls and bears on oil prices have collided fiercely. The amplitude of …

Big Chemical and Hengli Petrochemical independently develop industrial fibers for oil pipelines

Big Chemical and Hengli Petrochemical independently develop industrial fibers for oil pipelines



Recently, reporters learned from Hengli Petrochemical Co., Ltd. (stock code: 600346) that its wholly-owned subsidiary’s independently developed industrial fiber for oil pipel…

Release of strategic petroleum reserves? The United States may have a greater impact on oil prices

Release of strategic petroleum reserves? The United States may have a greater impact on oil prices



U.S. President Joe Biden admitted on Saturday local time that increased oil production from OPEC+ members was not enough to meet U.S. demand, and he opened the door to a range of o…


 
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