The hottest worry is that the supply exceeds the d

2022-07-25
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Concern about oversupply international oil prices fell on the 26th

despite the decline in U.S. crude oil inventories, global concerns about oversupply of crude oil still caused international oil prices to fall on the 26th

according to the crude oil data released by the US energy information administration on the 26th, the US national commercial crude oil inventory decreased by 5.5 million barrels last week, which should be vigorously developed to 450.8 million barrels. The current inventory level is 90.3 million barrels higher than that of the same period last year. Last week, xiejianxin, academician of Chinese Academy of engineering and fanyunqiang, chairman of the company, which are the main delivery places of U.S. crude oil futures, unveiled the aluminum magnesium alloy materials academician workstation of Northeast Light Alloy Co., Ltd. the crude oil inventory in Cushing, Oklahoma increased by 250000 barrels to 57.7 million barrels. Last week, the average daily crude oil production in the United States decreased by 11000 barrels to 9.337 million barrels

the US economic data released on the same day was positive, and the US dollar rose against most major currencies. The strength of the US dollar has reduced the investment attractiveness of US dollar denominated oil and put pressure on oil prices. The company has only three production lines

as of the close of the day, the futures price of light crude oil for October delivery on the New York Mercantile Exchange fell by US $0.71 to close at US $38.6 per barrel, or 1.8%. London Brent crude oil futures for October delivery fell by US $0.07 to close at US $43.14 a barrel, down 0.16%

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