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Investors buy on dips 9 international oil prices rebound

Investors buy on dips 9 international oil prices rebound

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-03-31 14:57
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Investors buy on dips 9 international oil prices rebound

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-03-31 14:57
  • Views:
Information

In the previous trading day sharply, the affected investors buy on dips, 9 international oil pricesrebound.

The data show that global oil supply ample, 8 international oil prices fell sharply. American energy information administration released data show that 8, last week America average daily crude oil production increased by 18000 barrels to 9404000 barrels. America commercial crude oil inventories increased by 10900000 barrels to 482400000 barrels, higher than the same period last year to 98300000 barrels. Saudi Oil Minister Ali al Naimi said on 7 March in Saudi Arabia, theaverage daily crude oil production of 10300000 barrels, compared with the previous monthincreased.

The U.S. employment data better than expected to boost oil prices. The U.S. Labor Department report showed seasonally adjusted, in the week ended April 4th, the U.S. initial jobless claims was281000, lower than market expectations of 285000.

As of the date of closing, the New York Mercantile Exchange in 2015 May delivery of light crude oil futures prices rose 0.37 U.S. dollars, to close at $50.79 a barrel. In 2015 May for delivery in LondonBrent crude futures rose $1.02, to close at $56.57 a barrel.

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