Because a lot of bad news to investors expect stampede in the implementation of OPEC, limited production plan at the end of November is not high.

TycheCapitalAdvisors TariqZahir traders said: “the next one to two weeks, even if the final implementation of limited production plan, but for oil prices will not be too much influence. The oil price has a reversal, the future may be further down low.”

Friday (November 11th), American oil service Beck Hughes released data show that as of November 11th week, the number of U.S. crude oil drilling platform rose 2, rose to 452 U.S. exports; oil drilling, natural gas drilling and the mixed oil and gas drilling down 1 to 568 of total exports, export. From the recent changes in the number of American petroleum drilling, the drilling platform overall number in the continuous recovery, indicating that the U.S. crude oil production is likely to be active.

Well-known financial blog zero hedge US week when drilling the total said last week that the United States yield a number of months the largest increase, the number of U.S. crude oil drilling now rose to a 9 month high, but the price is not affected by this; at present oil prices mainly affected by Trump’s economic policy boosted the dollar, OPEC or unable to reach an agreement or an invalid the agreement is expected to push.

In addition, before OPEC announced the monthly report, the International Energy Agency (IEA) report shows that if OPEC is unable to take adequate action, the problem of excess supply is expected to continue until 2017. IEA said that in October the global supply of crude oil increased by 800 thousand barrels a day to 97 million 800 thousand barrels / day, due to the OPEC production of a new high, including Russia, Brazil, Canada, Kazakhstan and other non OPEC oil producers production promotion.

recently, international oil prices continue to fall on Friday, intraday plunged more than 3%, because of the organization of Petroleum Exporting Countries (OPEC) the latest monthly report confirmed that the October crude oil production hit a record high, increasing market oversupply concerns but also makes the prospect of limiting the production of clouds in the sky.

At the same time, strong U.S. pressure to oil prices. U.S. WTI crude oil futures prices hitting an intraday low of $43.09 / barrel, Brent crude oil futures prices hitting an intraday low of $44.21 / barrel.

As of the close, the United States WTI December crude oil futures fell 2.91% to $43.316 a barrel. January Brent crude oil futures fell 2.01% to $44.74 a barrel.

The OPEC report shows that in October the organization of crude oil production in September increased 240 thousand barrels a day to 33 million 640 thousand barrels / day. The oil price has all erased all the gains since the end of September reached an agreement to limit production.

Huntsman was launched in 1970, the company is headquartered in Utah Salt Lake City, the number of employees about eleven thousand people worldwide, 2008 total operating income of more than $10 billion.

Huntsman Is a global manufacturer and marketer of fine chemicals. It provides the basis for a variety of global industries, including chemicals, plastics, automotive, aviation, footwear, paints and coatings, construction, technology, agriculture, health, textile, detergent, personal care, furniture, appliances and packaging.

Huntsman’s original innovations in packaging is known, then realize the rapid and comprehensive development in petrochemical products. The company has 15000 employees, 78 facilities and operations in over 24 countries and regions.

daily 26 news, the U.S. Huntsman Corp announced on October 25th, in the global scope raised the price of titanium dioxide, the effective date of January 1, 2017 or the contract period allowed.

Specific adjustments: Europe, per ton rose 150 euros or $160; Asia Pacific, Africa, Latin America and the Middle East rose $160 per ton; North America rose 0.07 dollars per pound.

At home, three Guangxi titanium dioxide production enterprises to improve the collective anatase products ex factory price of 500 yuan / ton, rose 5%. This is the business of domestic titanium dioxide price second months, billions, longmang giants such as mid October had started this year with the titanium dioxide industry eleventh times the price of this month, the cumulative increase of nearly 10%.

American Huntsman group:

He explained that on the one hand, the investigation of pollution source census objects have the obligation to accept the general survey of pollution sources and pollution source census personnel institutions in accordance with the law, and shall truthfully fill in the pollution source census report, not false and concealed, refuse and delaying the pollution source census data. The government sent the census organizations at all levels above the county level in the census were investigated according to law, should actively cooperate to provide authentic information and data, and shall not refuse, prevarication and obstruct the investigation, shall not transfer, conceal, falsify or destroy the original records, statistical ledgers, survey report, accounting data and other related data. The survey does not fulfill the relevant obligations, will bear the corresponding legal responsibility.

On the other hand, in order to ensure the accuracy of census data, will establish a data quality control system, the establishment of data quality management technical regulations and related work rules system, the whole process of quality control. Through the investigation method of design of science, application of information technology to enhance the technology, guarantee the quality of census data.

“The local pollution source census agencies at all levels should establish a pollution source census data quality control responsibility system, to set up special quality control positions, and the implementation of quality control and inspection and acceptance of each aspects of the implementation of pollution source census.” The responsible person said, the State Council and the provinces (autonomous regions and municipalities) Pollution Source Census Leading Group Office of the unified organization of the pollution source census data quality verification, verification of the results as the evaluation of the effectiveness of the work area on the basis of.