U.S. gasoline inventories fell, international oil prices rose on Wednesday
U.S. gasoline inventories fell, and international oil prices rose on Wednesday
October 22, 2009
[China paint information] international oil prices rose on Wednesday due to the decline in U.S. fuel inventories and the depreciation of the U.S. dollar. At the close of Wednesday, December light crude oil futures on the New York Mercantile Exchange were $81.37 a barrel, up $2.25 from the previous trading day, which should be excluded according to its situation; London Intercontinental Exchange Brent crude oil December futures rose $2.45 to $79.69; November heating oil futures in New York rose 5.80 cents to 210.53 cents per gallon; Rbob gasoline futures in November were 205.43 cents per gallon, up 6.66 cents; October diesel futures on the London Intercontinental Exchange were US $649 per ton, up 1 from the previous trading day. 4th: the winding performance test was US $1.50
the U.S. Department of energy reported that gasoline inventories in the United States fell by 2.21 million barrels to 206.9 million barrels last week, twice the decline previously expected by analysts. The US dollar fell to 1.5042 against the euro from 1.4945 on Tuesday, falling below 1. 5% for the first time in nearly 14 months The piston stroke (mm) is 20050. The depreciation of the US dollar has increased the attractiveness of oil futures as an investment, which is a more important reason for the rise in oil prices
John Kilduff, vice president of risk management at mans financial in New York, said: "the rapid decline in gasoline inventories is far beyond people's expectation. Refineries are reducing gasoline production, which supports oil prices." As of Wednesday, gasoline futures in New York had risen for the eighth consecutive trading day, the longest rise since July
in addition, crude oil futures for December delivery in New York rose $2.25, or 2.8%, the highest since October 9 last year. The highest intraday rise was US $82.00 per barrel. The oil price has risen 82% this year
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