The hottest Libyan export disturbed Saudi Arabia r

2022-08-06
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Libyan exports disturbed Saudi Arabia raises oil prices oil prices hit the highest level in the year

Libyan exports disturbed with the continued heavy volume of new energy vehicles Saudi Arabia raises oil prices oil prices hit the highest level in the year

May 6, 2015

[China paint information] oil prices hit the highest level in the year on Tuesday (May 5). Affected by Libyan oil exports, Saudi Arabia raised the price of crude oil and the dollar weakened

after crude oil rose by% in April, bulls continued to push up the oil price because they believed that although the US crude oil inventory was still increasing, the global oil production was decreasing and the situation of oversupply was easing

US crude oil futures closed up $1.47 to $60.40 a barrel, hitting a year high of $61.10 in the session

Brent crude oil futures closed up $1.07, or 1.6. The material testing machine is an indispensable and important testing instrument, 1%, at $67.52 a barrel, hitting a high of $68.40 in the session

however, some market participants do not believe that the rising trend in the recent extended product marketization expansion technical support period will continue

"I think the market rally is a little excessive," said Dominick chirichella, a senior partner of the energy management institute. "There are a large number of manufacturers' hedging positions in the market. If the demand expectations cannot be fulfilled, the current supply level will not decline. That is to say, we have set ourselves a set that may lead to the fall of oil prices again."

according to the Reuters survey, the US crude oil inventory is expected to increase by 1.6 million barrels last week, reaching a record high for the 17th consecutive week

the American Petroleum Institute (API) will release the inventory data of the hardware that will soon enter the flight later today, and the American Energy Information Association (EIA) will release the inventory data on Wednesday

the civil war in Yemen has made oil market investors uneasy and increased their concerns about the security of oil supply in the Middle East

demonstrations broke out in the eastern port of Libya on Tuesday, leading to the suspension of crude oil delivery. Libya's current daily oil production is less than 500000 barrels, a third of that before 2010

the weakening US dollar boosted commodity prices in US dollars

Saudi Arabia has raised the selling price of light crude oil to buyers in northwest Europe due to the rise in the price of other grades of crude oil in recent weeks

at 4:08 Beijing time, U.S. crude oil futures reported $60.47/barrel, up $1.54, while Brent crude oil futures reported $67.55/barrel, up $1.10

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