Inventory increase of oil prices weakening again

• In US, Asia-Pan-time morning quote $ 56.56 a barrel of crude oil, us June crude oil futures prices Monday closed yesterday down $ 1.12, or 1.99%, at $ 55.26 a barrel, CNOOC fell 75 points before, or 2.81% s 2590 Yuan/ton, Saudi Arabia announced that Yemen air strike ends, API data earlier bearish oil prices once again, the United States refers to restoring strong.
  United States Petroleum Association (API) industry data released earlier today showed, United States last week (the week of April 18), crude oil stocks rose by 5.5 million barrels, to 480.2 million barrels and is expected to be increased by 2.9 million barrels, the former value increase of 2.6 million barrels. United States recorded in API crude oil stocks rose for a 15th week. Crude-oil futures for delivery in Cushing crude inventories increased last week 572,000 barrels, last increased 1.3 million barrels a day.
  
  
  In Cushing crude inventories in April, adding more than 1 million barrels a day for the week October-April 14th, leading to tank efficiency 78%, highest level since 2011. 78% oil tank utilization since 2011 highs; Cushing, 15 of its local storage operators more than 18 million barrels of storage space remaining. The 15 operators managing around 83 million barrels of crude oil. Millions of Chinese Petroleum research analysis said so far in April, us June crude oil futures rose $ 7.97, cumulative or 16.22%, because there were signs that United States oil production started to fall, but Cushing's local oil storage is increasing will make crude oil prices pared gains.
  World's largest oil trader, Vitol is expected in 2015, oil demand would increase by 1.2 million barrels a day, or 2014, growth expanded 1 time. Millions of Chinese Petroleum commodity research and analysis expected oil demand growth can be achieved in 2015 estimated around 1.4015 billion bbl/day at the top of the range. Millions of Chinese oil, at a time when oil market oversupply remains critical as investors continue to throw money into the crude oil market, would cause the current crude oil price rebound phenomena leading to 2015 second-half collapse in crude oil prices if crude oil prices high, and inventories in the second quarter continued to increase from summer, crude oil prices fell in the second half will become inevitable.
  Iran's oil Minister, said late yesterday: when Western Iran supports lifted, OPEC for Iran oil reserve space to increase exports, and during his meetings with Foreign Minister venezu said, OEPC Member should Iran crude exports prepare back to pre-sanctions levels. Millions of Chinese Petroleum research and analysis said OPEC's next meeting will be held on June 5, while Iran on June 30 with the final of the six-nation group of Iran nuclear deal, sanctions will be lifted. European Union and, United States sanctions, from 2012 on Iran's oil exports were halved, controlled less than 1 million barrels a day. Another decline in oil prices makes OPEC neutralize Iran as poorer Member States suffer. Iran has repeatedly called for OPEC to cut output. Millions of Chinese oil, OPEC member countries in the Gulf region, including Saudi Arabia, has refused to cut demand, will continue to speed production of 30 million barrels per day of crude oil. So far, there are no indications that other OPEC members is willing to cut oil supplies.
  Saudi Arabia in its General Prince Fahd in Yemen were killed later declared an end to air strikes against the country, focus goes to the implementation of "peacekeeping" tasks, which makes the risk of supply shocks are excluded, millions of Chinese Petroleum research analysis, said NYMEX short-term spike in oil prices has been arrested previously. Attention evening beautiful United States energy information Administration (EIA) on Wednesday (April 22) to release Government oil inventory report. The dollar index (97.7921,-0.1780,-0.18%) next moves in other areas when there is no more message on oil price movements in the background played a major role in them.

BOMCO get more than 20 patent of sea drill rig

• Baoji petroleum machinery deep-water drilling projects has over more than 20 patent applications
  Recently, the Baoji petroleum machinery limited liability company of the deepwater oil rig and drill study on key technologies of automatic processing of more than 20 patents, invention patents, 5. At present, the Baoji petroleum machinery in the deepwater rig and key technologies of automatic processing of drill riser tensioning system, drill heave compensation equipment and many other achievements to fill the gap and another 3000 horsepower mud pump, the driller simulation device, the automatic transmission of drill devices already on the market, won the user's approval.