According to the analysis, if the EU embargos, Russian crude oil output will drop to the lowest point since 18, which will adversely affect the global energy supply in the near future.
At present, it is expected that the international crude oil price will remain at a high level in the context of the refusal of the International Organization of Petroleum Exporting Countries to substantially increase production.
Up to now, Saudi Aramco has once again taken away the crown of the most valuable company in the world from Apple, which shows the importance of traditional energy in today's economic development.
At the same time, after Poland and Bulgaria shut down natural gas, Russia is cutting off the supply of natural gas to the German subsidiary of Gazprom, which has been confiscated and taken over by Germany.
In this regard, the German side said that substitutes have been found and the German natural gas supply will not be affected.
However, judging from the price fluctuation in the European natural gas market, the market reaction is more intense.
On Thursday, the European benchmark Dutch natural gas futures rose 65,438+03% to 65,438+006.60 euros per MWh.
British natural gas futures once jumped by 34%, German electricity prices soared, and contracts rose by more than 20% in recent months.
In view of the current energy and environmental problems, the Environment Committee of the European Parliament has voted to support the ban on the sale of fuel vehicles in the EU in 2035. In response to this new regulation of the European Union, Volkswagen has announced that it will stop producing all fuel vehicles by 2035. It is predicted that under the concept of energy substitution, the global metal market demand will maintain a steady growth trend in the future.
Of course, as far as the short-term market is concerned, the global economy is currently facing the risk of decline. With the expected increase of the new round of interest rate hike, the market price faces the risk of callback.
Another data shows that the EU is the main export destination of Russian energy. Recently, with the decline of EU imports, Russia is also actively exploring the Asian market, but the effect is not ideal, mainly due to the impact of epidemic and inflation, resulting in less than expected demand in Asia.
At present, Saudi Arabia and other oil exporting countries have reduced the official price of crude oil in the region in June.
In addition, although some Russian commodity export data are no longer transparent recently, analysts from Russia believe that India has bought a lot of Russian crude oil at a discount price.
According to the previous announcement, Indian oil company and Russian oil company reached a purchase agreement of up to 2 million tons of Ural crude oil in 20021year.
It is reported that India is expanding its export market while importing a large amount of crude oil.
Data show that in March this year, India exported 2,654.38+0.9 million barrels of diesel oil and other refined oil to Europe, a record high.
It is reported that the discount difference between the two is at least 30%.
In addition, India is still discussing the payment method of rubles, and importers are ready to increase their purchases.
According to sources, if Russia agrees to India's price requirements, Indian state-owned refineries can get about150,000 barrels of oil per month, accounting for about 10% of their total imports.
In addition, India is also evaluating the possibility of acquiring the shares of Russian oil company held by BP.
As far as the domestic market is concerned, it still faces the dual pressure of energy supply and demand stimulation.
It is reported that a few days ago, the National Coal Trading Center issued an announcement on further completing the medium-and long-term contracts for imported coal emergency support, demanding that the existing domestic medium-and long-term contract resources that should be signed or even signed should not be converted into imported coal emergency support resources.
According to the latest news in Ministry of Human Resources and Social Security, small and medium-sized enterprises that are seriously affected by the epidemic and temporarily unable to operate normally will be directly subsidized according to the number of people participating in unemployment insurance, and each person will not exceed the standard of 500 yuan to help enterprises tide over the difficulties and keep their jobs.
Recently, in response to the exposure of school enrollment, the ideal company responded by adjusting its business. For school enrollment without suitable positions, one month's salary compensation is provided.
In other respects, domestic refined oil products will usher in a new round of price adjustment cycle next week. According to the relevant mechanism, it is expected that the retail price of refined oil will continue to increase.