The hottest Saudi Arabia cut the price of crude oi

2022-08-21
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Saudi Arabia cut the price of crude oil in Asia and increased the oil price in Russia. The oil price fell by more than 2% in the session on Monday

Saudi Arabia cut the price of crude oil in Asia and increased the oil price in Russia. The oil price fell by more than 2% in the session on April 3, 2018

[China paint information]

the international market needs 345.02 million kilometers. The oil price fell by more than 2% in the session on Monday (April 2), as Russian production increased, and Saudi Arabia plans to cut the price of crude oil in the Asian market, As well as the deepening of Sino US trade disputes, these factors have amplified the downward pressure on oil prices. The reduction range of WTI crude oil futures in the United States was 5 (1) 0%, and the intraday low hit $63.97/barrel, while the intraday low of Brent crude oil futures hit $67.66/barrel

today, as most European countries are still in the Easter holiday, the overall market trading volume is still low

foreign media reported that Saudi Arabia plans to reduce the price of crude oil in Asia, but Bob yawger, director of Mizuho energy futures, said: "this is not what you want to do when you continue to reduce production."

on the other hand, although Russia still follows the production reduction agreement, its crude oil production in March increased slightly to 10.97 million barrels per day from 10.95 million barrels per day in February. At the same time, the Chinese government announced that it would impose tariffs of up to 25% on 128 U.S. products, which further deepened the trade dispute between China and the United States, the world's largest economies, and the sharp rise in risk aversion put pressure on risky assets such as crude oil

in addition, concerns about the continued rise in U.S. crude oil production remain worrying. According to the monthly production report released by the US Energy Information Administration (EIA) last Friday, US crude oil production increased by 6000 barrels to 9.964 million barrels per day in January month on month. Analysts pointed out that the growth trend is still continuing, which may further threaten the production reduction action of the organization of Petroleum Exporting Countries (OPEC)

at 01:20 Beijing time, the price of WTI crude oil futures in the United States was $63.20/barrel

at 01:20 Beijing time, Brent crude oil futures price inquiry and other functions required were reported at US $67.91/barrel

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