Oct. 10 closing price of crude oil in Europe and America rose

2019年10月11日16:24 来源：无

The closely watched U.S. CPI index, which hit its lowest level since January in September, supports the Fed's expectation of interest rate cuts in October. Meanwhile, according to Xinhua News Agency, Vice Premier Liu He of the State Council spoke with representatives of the American business community. In addition, the leaders of the UK and Ireland said it was possible to reach a de-European agreement, and European and American crude oil futures rose. The rise of US stock market and the decline of US dollar exchange rate also supported the atmosphere of oil futures market denominated in US dollar.

On Thursday (October 10), West Texas Light Oil futures settled at $53.55 a barrel in November 2019 on the New York Mercantile Futures Exchange, the highest since October 1, up $0.96, or 1.8%, from the previous trading day, with a trading range of $51.38-53.77; Brent Crude Oil futures settled at $59.1 a barrel in December 2019 on the London Intercontinental Exchange, the highest since September 30, the previous trading period. Easyday rose $0.78, or 1.3%, to $57.8-59.31.

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