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International oil prices

Views:1     Author:Site Editor     Publish Time: 2017-01-16      Origin:Site

International oil prices, the latest news: analysis of China's economic slowdown is the main reason

What is the latest trend in international oil prices? Yesterday, the international oil price shocks ahead, once fell below 40 U.S. dollars, the situation is very not objective. Why international oil prices fell? What is the truth about the price of oil? What factors affect the trend of oil prices?

On Wednesday, the U.S. Energy Information Administration (EIA) released data show that last week EIA crude oil inventories increased by 252000 barrels, lower than the expected 2000000 barrels, an increase of 4224000 barrels a week earlier. Although the EIA inventory is much lower than expected, but it is not as good as the last day of the API inventory data show optimism. After the data was announced, after the shock of oil prices fell below $40.
 

EIA released data show that the United States in November 11th when the week EIA crude oil inventories increased by 252000 barrels, is expected to increase by 2000000 barrels, an increase of 4224000 barrels a week. Among them, WTI crude oil delivery to the area of crude oil inventories increased by 1495000 barrels a day.
 

EIA released data show that the United States in November 11th when the week EIA crude oil inventories increased by 252000 barrels, is expected to increase by 2000000 barrels, an increase of 4224000 barrels a week. Among them, WTI crude oil delivery to the area of crude oil inventories increased by 1495000 barrels a day.
 

Although the EIA inventory is much lower than expected, but it is not as good as the last day of the API inventory data show optimism. API data show that the United States in November 14th when the week API crude oil inventories decreased by 482000 barrels, crude oil inventories for the first time in eight weeks.
 

EIA data also show that the United States in November 11th when the week EIA gasoline inventories increased by 1009000 barrels, is expected to be reduced by 500000 barrels, 2102000 barrels a week earlier. Refined oil inventories decreased by 791000 barrels, is expected to be reduced by 500000 barrels, an increase of 352000 barrels a week.
 

The United States in November 11th when the EIA refinery equipment utilization rate of 89.5%, the previous week was 90.3%. Refinery equipment utilization is rising, which shows that a higher proportion of crude oil into gasoline and other fuels.
 

After the EIA data released, the United States and the United States after the first drop in the oil, after the fall, once fell below the 40 U. S. dollar.
 

Recently, the general decline in commodities. The dollar climbed to 12 year highs, China's economic slowdown led to a decrease in demand, crude oil production and inventory are high, are the reasons for the weak oil prices.
 

Recently, the general decline in commodities. The dollar climbed to 12 year highs, China's economic slowdown led to a decrease in demand, crude oil production and inventory are high, are the reasons for the weak oil prices.
 

Last week, the International Energy Agency (IEA) and the U.S. Energy Information Agency (EIA) have a more pessimistic outlook for the future of crude oil market. IEA said the total inventory of the developed countries in September increased by 13800000 barrels to a record of about 3000000000 barrels, which may further suppress the price of crude oil. EIA noted that U.S. crude oil production decline in the same time, the supply of excess problem is getting worse.


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