TinkerB3ll
OP
向前看
:
Nice to hear that :) trading volume quite small so not very volatile but not sure it is related to WTI? Any idea? Some days i see it not moving with WTI
$Dow Jones U.S. Oil & Gas Index (.DJUSEN.US)$The Covid-19 pandemic has marked the end of an era for Southeast Asia's combined oil and gas production, pushing the region's output in 2021 to below 5 million barrels of oil equivalent per day (boepd) for the first time since 1998, a threshold that is not likely to be exceeded again in the future despite new project start-ups in coming years, a Rystad Energy analysis shows. Daily average hydrocarbon production tumbled to 4.86 million boepd in 2021, down from 5.06 million boepd in 2020, and a massive 12% drop compared to the pre-pandemic volumes of 5.5 million boepd in 2019, Rystad Energy data shows. Operators have struggled to regain production losses triggered by the pandemic as operators slowed down activity levels amid an unprecedented disruption in oil markets. The decline is projected to continue into the middle of the decade. Although volumes will remain stable in 2022, production will drop an additional 10% by 2025 to around 4.3 million boepd versus current levels. By contrast, natural gas production in the region stayed steady between 2009 and 2019, at around 20.8 billion cubic feet per day (Bcfd). Despite expectations of a rise in gas sales volume that would counter the 8% fall in production in 2020, volumes are expected to be down around 2% this year compared to 2020, at about 19 Bcfd. This is primarily due to falling production at mature legacy projects including Mahakam, MLNG Dua and MLNG Satu PSCs, Yetagun.
$Dow Jones U.S. Oil & Gas Index (.DJUSEN.US)$The outbreak has disrupted communication between countries and regions. Since entering the modern society, the global division of labor is an important means to promote the global economy to a higher level. Where energy resources are cheap, it exports more energy. Which country population labor cost is low, that he is more responsible for import processing and re-export. Which country has more technology research and development, then he is responsible for the export of more technology. The global division of labor is like a production line. It is interlinked. If one link goes wrong, upstream and downstream are forced to stop. When the dynamic balance of the production line is broken, it is prone to problems.
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capper_
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I think the shortage of resources is a bigger problem
向前看 : Are you still trading now?
TinkerB3ll OP 向前看 : Im keeping a lookout but yes previously was trading this when i posted. Are you trading this?
向前看 TinkerB3ll OP : I've traded before, and the overall earnings are quite optimistic.
TinkerB3ll OP 向前看 : Nice to hear that :) trading volume quite small so not very volatile but not sure it is related to WTI? Any idea? Some days i see it not moving with WTI