The oil industry is the main pillar of Saudi economy and the largest oil exporter in the world. In recent years, Saudi Arabia has benefited from rising international oil prices, abundant oil export revenue and rapid economic growth. The government has made great efforts to build and transform domestic infrastructure and production facilities, continued to promote diversification of economic structure, Saudi Arabia of labor force and economic privatization, made efforts to develop non-oil industries such as mining and light industry, encouraged the development of agriculture, fisheries and animal husbandry, actively attracted foreign investment and protected the national economy.
Second exporter: Russia
Russia is a world economic power with abundant natural resources. Russia's main export commodities are oil and gas, metals and their products, chemical products, machinery and equipment and means of transport, precious stones and their products, wood and pulp and other mineral products. The main imported commodities are machinery and equipment, transportation, food and agricultural raw materials, chemicals and rubber, metals and their products, textiles and clothing.
Third exporter: Iran
Iran's economy is dominated by oil exploitation, and Khuzestan is an oil industrial zone and an important seaport. It also develops oil refining and petrochemical industries, as well as industrial sectors such as steel and machinery. Rich in oil and natural gas resources. Oil is the lifeblood of Iran's economy, with proven oil reserves of 93 billion barrels, accounting for 10% of the world's total reserves, ranking fifth in the world. The proven natural gas reserves are 24 trillion cubic meters, accounting for 16% of the world's total reserves, ranking second in the world after Russia.
Fourth exporter: Kuwait
Kuwait and natural gas are rich in oil reserves, with proven oil reserves of 96.8 billion barrels, accounting for 10.8% of the world's reserves and ranking fourth in the world. Burgen oil field in the south is one of the largest oil fields in the world. Natural gas reserves 1.498 trillion cubic meters, accounting for 1. 1% of the world's reserves. Oil is the main source of Kuwait's fiscal revenue and the pillar of the national economy, and more than 90% of its fiscal revenue comes from oil. Its output value accounts for 40% of GDP and 95% of export income. 1978, China produced crude oil 1. 100 tons (in 2000, it was 1.99 1.05 million tons) and became one of the major oil producers in the world.
Fifth exporter: Nigeria
Nigeria is the largest oil producer and the fifth largest exporter in Africa and a member of the Organization of Petroleum Exporting Countries. Nigeria was originally an agricultural country. Since 1970s, it has become the largest oil producer in Africa, and its agriculture is shrinking. Rich in resources. There are more than 30 kinds of proven mineral deposits. Mainly oil, natural gas, tin, coal, limestone and so on. So far, the proven oil reserves are 27 billion barrels, ranking ninth in the world. According to the current mining speed, it can be mined for another 30 years.
The sixth exporter: Sweden
Sweden implements a "mixed economy", which combines developed private industry and commerce with relatively perfect state-owned public service departments and is famous for its high wages, high taxes and high welfare. Forest, iron ore and water power are the three major natural resources in Sweden. On this basis, four traditional industrial systems have been developed: mining metallurgy, forestry papermaking, electric power and machinery manufacturing.
Extended data:
The rise in crude oil prices is good for oil stocks, so oil stocks may be hyped and their share prices will be pulled up. The reason is:
1. Crude oil is a non-renewable energy source. Due to the large demand for crude oil and the small short-term supply of crude oil, the price increase of crude oil means that the cost and profit of listed oil companies will increase.
2. Crude oil is the blood of the world economy, and economic development cannot be separated from crude oil. In recent years, the United States has been attacking the Middle East, mainly because of the oil war. For example, after Biden took office, he ordered air strikes against Syria, so in February of 20021,oil stocks rose for a while.
Although the rising price of crude oil is good for the stock price, most oil stocks in China are large-cap stocks. Because the plates of large-cap stocks are too big, it takes a lot of capital cost to pull up a stock. Even if it is good, it is difficult to have a daily limit. Therefore, when the price of crude oil rises, investors buy some small-cap stocks, which is more profitable.
The relationship between China oil share price and international oil price;
Most of China's oil is imported from abroad, so the share price of PetroChina will be affected by the international oil price. Generally speaking, it is positively related, that is, the international oil price rises and the import cost of PetroChina increases, which leads to its share price rising, the international oil price falls and the import cost of PetroChina falls, which leads to its share price falling.
However, due to some special circumstances, PetroChina's share price will go out of the independent market. For example, the international oil price has fallen, but some preferential policies for automobiles have been introduced in China to increase the demand for automobiles, drive the domestic oil demand to increase, and stimulate the stock price to rise. Or, if the international oil price rises, but domestic oil exploitation increases and foreign crude oil imports decrease, the oil price in China may rise slightly, or even fall, and the share price of PetroChina will also fall.
Oil futures account:
Oil futures accounts can be opened directly in futures companies, and of course, you can also prepare valid identity documents to open accounts directly with the trading software of securities companies, so you don't have to go there. After the futures account is opened, investors can invest in futures. Generally speaking, oil futures are called crude oil futures on exchanges. As long as investors search for crude oil, the corresponding futures contract will come out.
Crude oil futures are generally listed on Shanghai Futures and Energy Exchange, and belong to specific futures. Investors are required to meet the fund requirement that the available fund balance in the margin account is not less than 500,000 yuan five working days before opening an account.