The sudden change in international crude oil futures is actually related to the reduction of production and supply cuts by a number of crude oil producers.

The reduction in production has led to a decrease in global crude oil supply. After the supply cuts, many financial capitals are optimistic about future crude oil prices because they believe that China will soon be unable to hold on and then compromise with international crude oil producers.

The price of crude oil in the future will maintain a relatively high price.

However, with the establishment of Changan Energy Exchange, Luotuo announced a 420 million tons of crude oil production, plus the production of chemical raw materials of hundreds of millions of tons.

This means that there is no longer a lack of crude oil in China, or the share of crude oil itself is diluted by coal chemical industry, coal-to-oil, shale oil, and recycled materials.

Luo Tuo continued with a smile: "According to the industrial research report of the Academy of Social Sciences and Suiren Company, the proportion of gas vehicles in motor vehicles this year will increase to about 28%, and the number of vehicles is expected to reach 60 million."

"The number of hybrid fuel vehicles is expected to reach 21 million to 22 million, and fuel consumption is expected to drop by about 40%.

"Last year, the domestic consumption of diesel and gasoline was 230 million tons, and this year it is expected to be around 140 million tons, which means that the domestic supply of refined oil is sufficient, but the price retail price will not be lowered for the time being."

Many people whispered to this, with sufficient output but no price reduction. It is self-evident.

That is to force the owner to switch to gas or to become hybrid.

Many domestic car owners who were watching the live broadcast were immediately amazed and crying. While happy to get rid of the energy threat in China, they also shouted that the Energy Alliance was cheating.

The energy alliance that has become angry has even cheated on its own people.

Luo Tuo sneered and said to everyone: "Those forces that expect domestic crude oil shortage should be killed! In addition, I would like to thank Goldman Sachs for their strong support and provide us with 37.4 million tons of shale oil reserves."

Damn...

A number of international crude oil producers immediately swear that although the shale oil that Goldman Sachs does not provide does not have a big impact, it provides a buffer time for the Energy Alliance.

If Goldman Sachs had exposed this incident earlier, they would not have been so passive.

Judging from the current situation, China's crude oil reserves have reached 140 million tons, and it can produce 280 million tons this year.

The consumption of crude oil is about 180 million tons of diesel, gasoline, kerosene and fuel oil on fuel; while the consumption of chemical raw materials includes synthetic ammonia, synthetic resin, methanol, polyethylene, etc., totaling about 150 million tons.

In other words, this year's production and reserves are about 420 million tons, while the consumption is about 330 million tons, with an surplus of about 90 million tons.

Next year, the domestic crude oil supply will increase to 380 million tons.

Even if consumption increases, domestic consumption can still cope with it.

What's more, major domestic nitrogen fertilizer factories are currently switching to the new process of the Suiren system and no longer use crude oil to refine synthetic ammonia.

Instead, gas synthesis method is adopted, plus pure carbon powder, which is cheaper than crude oil synthesis ammonia, and the cost is less than one-fifth. Unless the crude oil price falls to 24 meters per barrel, it can compete with the gas carbon method.

The consumption of crude oil in synthetic ammonia is expected to drop significantly next year.

After reevaluating the strength of the Energy Alliance and the current energy consumption structure in China, the mood of a number of international crude oil producers is like being poured into a basin of ice water during the dog days of summer.

But Luo Tuo did not let them go and continued to speak out his third big move: "Today, there are still third batch of energy companies' products, which will be listed on the Changan Energy Exchange, they are..."

The Blue Age of the Mining Alliance, United Group, Beijing Enterprises Group, Minmetals Group, Southern Rare Earths and Electricity Mining Consortium, they launched trading varieties of regenerated gas and electric carbon gas.

Regenerative gas is the special ability of the three major environmental protection groups. The regenerative gas scale to be developed nationwide is 200 million to 300 million tons per year.

Electric carbon gas is a special product of the electric and mineral consortium, Minmetals Group, and Southern Rare Earth. They use wind power, solar energy, peak shaving and valley filling to produce carbon powder on a large scale.

After secondary processing, these carbon powders can be turned into methane, water and gas, or used as chemical raw materials.

The domestic gas supply has actually overcapacity, and hundreds of millions of gas vehicles are supplied every year. In addition to the household kitchen and heating gas, it is more than enough.

What's more, during the shale oil extraction process, those shale gases are also high-quality fuels.

"In the future, China's energy supply structure will move towards more diversification and its energy consumption structure will be adjusted to more reasonable and safe. This is the confidence of Changan Energy Exchange and our voice."

The major crude oil producers who were watching the live broadcast turned darker.

Although Changan Energy Exchange cannot completely replace the Miyuan-oil system, there are no problems with competing.

This situation is definitely not good news for a number of international crude oil producers and the Miyuan-oil system.

The current plummeting crude oil futures is because investors see that crude oil producers are strong on the outside but hard on the inside.

These guys did not really want to reduce production, but wanted to achieve some of their goals through production cuts.

Once a fake production cut becomes a real production cut, the consequences will be unimaginable.

Because among the global oil-producing regions, in addition to North America, which can produce and sell it by itself, and have a diversified economic structure, the impact of low oil prices on North America actually has both advantages and disadvantages.

However, for areas that make a living by selling oil, especially West Asia and North Africa, where the economic structure is single, Lucia will become a foregone conclusion once crude oil production cuts become a foregone conclusion and prices cannot rise, the consequence will be economic regression.

Now they are starting to worry.

Kingdom of sand.

Headquarters of Aramco Petroleum.

Looking at the broadcasting scenes and the translator's translations, Arthur, Amin and other members of the board of directors of Aramco, they were sweating profusely.

President Amin's tone was trembling: "Arthur, we must find a way, otherwise..."

"I know, I know, but what to do..." Arthur was both excited and incoherent.

Dowlin, a management consultant at McKinsey Consulting, has completely calmed down and analyzed the behavior of the previous two barrels of oil, with the purpose of allowing Aramco to take the initiative to tear up the treaty and get a penalty for liquidated damages.

Daolin did not expect that the development of things would become like this. In Chinese idioms, it would be a decisive person.

Now Amei is in a very passive situation. They will suffer heavy losses after the liquidated damages they have compensated and the current price of crude oil has plummeted.

After taking a deep breath, Daolin suggested: "Mr. Chairman, Mr. President, now he can only go to Chang'an. This big customer must be saved, otherwise the market will collapse."

"But will they agree?" Arthur had no confidence.

Now the cards they have no right to negotiate. The price of crude oil is low, and Amei feels that it is at a disadvantage; if the price is high, the Energy Alliance will definitely not want them.

Unless you find a new market, you can eat 270 million tons of crude oil production worldwide.

Just looking around, the only area in the world where 270 million tons of crude oil can be imported every year is India.

The problem is that the people of India have no money. According to the current crude oil price, 270 billion tons of crude oil costs 270 billion meters. The GDP of India last year was only 1.82 trillion meters. It took 14.8% of the GDP to buy crude oil, and no matter how old immortals spend their money, they don’t have the confidence.

Who wants to take this disk
Chapter completed!