Asia's energy trading status is growing with each passing day
Posted by Wangkiky Wangkiky over 6 months ago
In May 7th, the latest research report released by the company said that the two major impetus for the development of the global energy market are the supply of the United States and the demand for Asia, which complement each other. The United States has become the marginal supplier of world crude oil and liquefied natural gas, and has recently replaced Saudi Arabia as the world's largest oil producer. The growth of energy demand in Asia is equally strong. With the rising demand for energy in Asia, Asian traders, refiners and power companies are exerting greater influence on the world's major energy benchmarks.[url=https://stainlesssheetsale.com/venta-productos/4172.html]ANSI B16.5 Peso de la brida del cuello de soldadura del acero inoxidable[/url]
Owen Johnson (OwainJohnson), managing director of the Ministry of energy research and product development, said in a report that the growth momentum of energy demand in Asia remained strong. Because of the strong demand for local consumers and industrial users, the Asia Pacific region now accounts for more than 40% of the global energy consumption, and this trend does not seem to be terminated in the short term. At the same time, with the rising energy demand in Asia, Asian traders, refiners, and electric power companies have more and more influence on the world's major energy benchmarks. In the past year, WTI crude oil futures, Henry port natural gas futures, RBOB gasoline futures, New York port ultra low sulfur diesel futures, and other major energy futures benchmarks in the Asian trading period (Beijing time 8 a.m. - 8 p.m.) trading volume has increased sharply.
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Owen Johnson said Asia's participation in the world's major energy benchmarks has been unprecedentedly high, due to the rising demand for risk management in the region and the growing energy relations between the United States and the Asia Pacific market.[url=https://stainlesssheetsale.com/venta-productos/372.html]Pantalla de malla de alambre de acero inoxidable 304 de 500 micrones[/url]