Fear of geopolitical risks in the Middle East exacerbates Brent's crude oil rise

2019年09月27日08:33 来源：无

U.S. crude oil inventories unexpectedly increased, Saudi Arabia's crude oil production recovered faster than expected, and U.S. benchmark crude oil futures continued to plunge in early Thursday. However, in response to the attack on Saudi oil facilities earlier this month, the Pentagon announced on Thursday that the United States would send more Patriot Missile Company, radar and about 200 support personnel to Saudi Arabia. Geopolitical tensions in the Middle East have intensified, WTI has narrowed its decline, and Brent crude oil futures, the global benchmark, have risen. On Thursday (September 26), West Texas Light Oil futures settled at $56.41 a barrel in November 2019 on the New York Commodity Futures Exchange, down $0.08, or 0.1%, from the previous trading day, with a trading range of $55.41 to $56.84; Brent Crude Oil futures settled at $62.74 a barrel in November 2019 on the London Intercontinental Exchange, down from the previous trading day. It rose $0.35, or 0.6%, to $61.45-62.92.

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