Oil Price Morning Post: European and American Crude Oil Futures Rise

2019年04月18日10:53 来源：无

Oil prices have been weaker due to the increase in active oil drilling and Saudi Arabia's wavering attitude toward prolonging production cuts, plus a series of bad news such as Russia's June or upcoming production increases. In European markets, 40% of the output of about 1 million barrels a day was feared to be affected because of renewed tension in Libya, boosting oil prices and crossing the $64 threshold. Overall, even though U.S. crude oil inventories and production increased sharply and active drilling increased sharply, some good economic reports from China and the United States alleviated concerns about the slowdown in global crude oil demand during this period, while optimistic expectations of a final agreement on Sino-U.S. trade negotiations were imminent. In addition, the escalation of the Libyan conflict and increased U.S. sanctions on Iran led to the maintenance of crude oil supply. Continue tightening. Multi-profitability has pushed international oil prices to continue to rise strongly.

As of April 8, WTI was up 1.32 to $64.4 a barrel and Brent was up 0.76 to $71.1 a barrel. SC main force rose 8.2 yuan to 477.9 yuan per barrel in 1905.

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