We should Pay Attention to the Impact of Natural Gas towards the Market of Crude Oil
+86-022-87890750 Sina Finance—the crude oil is approaching to be on the market. On August 5th, Ping An futures was held in "crude oil futures market promotion" in Shenzhen. On the meeting, the participants said that the introduction of Shanghai crude oil futures would enrich the way investors trading "From a macro point of view, the reserves of crude oil have doubled in the past 35 years, and now two barrels of crude oil have been discovered by per barrel of crude oil consumed."." "The technological advances have brought about a reduction in the cost of crude oil production," said Jane Cheung, a general manager of Ping An futures trading and marketing department. He said, “oil field with low-cost including shale will account for more than 40% in the global liquid fuel production in 2015. It can be expected that in the next 10 to 20 years, oil production will continue to increase, while the mining costs continue to decline. By 20...