On the 23rd,the National Development and Reform Commission announced that based on recent changes in international market oil prices and in accordance with the current mechanism for forming refined oil prices,domestic gasoline and diesel prices will increase by 90 yuan and 85 yuan per ton respectively from 24:00 on October 23,2024. During this round of

In recent years,the export volume of Guinea’s bauxite has grown rapidly,especially the proportion of exports to China in its total bauxite export volume continues to rise.Data shows that in 2023,China’s imports of bauxite from Guinea reached 99.13 million tons,exceeding the amount imported from Australia.Due to the disruptions caused by explosions and strikes at Guinea’s oil

Driven by the expectation of resuming production after the voluntary reduction of OPEC+production,international crude oil prices continued to decline from early July until mid September when they stopped falling and rebounded.In the first week of October,the geopolitical crisis in the Middle East escalated,and international crude oil prices rose sharply,but did not return to the high

The EU will take measures to exclude Chinese made hydrogen electrolysis cells from the upcoming tender,which aims to stimulate the production of hydrogen fuel during the EU’s green transition period. According to a statement on Friday(September 27th),the European Commission,the executive body of the European Union,will conduct a second round of 1.2 billion euros(1.34 billion US

The US Department of Energy(DOE)has announced$15 million for the development of innovative systems for clean hydrogen production,which will support technologies to convert biomass and other waste into affordable low-carbon fuels. The Office of Fossil Energy and Carbon Management(FECM)of the US Department of Energy announced that it will provide up to$15 million in federal funding to

The series of reports on the economic and social development achievements of New China in the past 75 years released by the National Bureau of Statistics today shows that China’s energy production capacity has steadily improved and the foundation of supply guarantee has been continuously strengthened over the past 75 years.In 1949,the total production of

According to the World Energy Statistics Yearbook 2024 recently released by the UK Energy Research Institute,biofuels continue to play an important role in the global energy market,with biofuel production increasing by over 17%since 2022.Against the backdrop of accelerated global decarbonization,biofuels are increasingly receiving attention and importance worldwide due to their renewability and environmental friendliness. According

The recent pressure brought by the repeated trading of Brazil’s bi weekly production data in the international raw sugar market has gradually shifted the focus of the raw sugar market to the production situation in the northern hemisphere at the end of the crushing season. In the first half of August,Brazil’s production data was slightly

The New Zealand government announced on the 26th that it will pass a law by the end of this year to lift the previous Labour government’s ban on offshore oil and gas exploration,and take emergency measures to remove regulatory barriers to import liquefied natural gas in the face of energy shortages.New Zealand Prime Minister Rakson

With the arrival of the peak consumption season of”Golden September and Silver October”,coupled with the impact of autumn maintenance and winter gas restrictions,the supply and demand pattern is expected to improve.At that time,the MA2501 contract may gradually rise,and it is recommended to try buying on dips. The methanol futures price may show a pattern of