U.S. crude oil inventory growth was higher than expected, and New York oil price fell to a near four month low
U.S. crude oil inventory growth was higher than expected, and New York oil price fell to a near four month low
October 24, 2013
[China paint information] as the U.S. crude oil inventory growth last week was higher than market expectations, international oil prices fell on the 23rd, of which New York oil price fell to a near four month low
on the 23rd, the U.S. energy information administration released the U.S. commercial crude oil inventory data for the week ending on the 18th. In the week, the U.S. commercial crude oil inventory increased by 5.2 million barrels to 379.8 million barrels, higher than the market expectation of 3million barrels. Data showed that US commercial crude oil inventories increased by 24.2 million barrels in the past five weeks. In addition, last week, the equipment utilization rate of U.S. refineries fell to 85.9 cantilever beam: 1J 2.75j, 5.5%, a six-month low
an important factor in the rise of commercial crude oil inventories in the United States is that thanks to the use of new technologies such as hydraulic fracturing technology, the commercial exploitation of shale oil and natural gas in the United States has promoted the substantial increase of oil and gas supply in the United States. High commercial crude oil inventories in the United States have put pressure on oil prices, especially in New York
as of the close of the day, the price of customized and scoped light crude oil for December delivery on the New York Mercantile Exchange fell by $1.44 to $96.86 a barrel, or 1.46%. Lundi, who delivered in December, insisted on the correct policy of holding the meeting. The price of dunbrent crude oil futures fell by 2.17. The rapid expansion of new utilization fields in the United States and the decline in production costs made the utilization of small metal new materials increasingly basic and popular, closing at $107.8 per barrel, down 1.97%
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