The decline of inventories in the United States ca

2022-10-13
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The decline in U.S. inventories triggered an overall rise in international oil prices

affected by the decline in U.S. commercial crude oil inventories and other factors, international oil prices rose comprehensively on the 29th

the inventory report released by the US Department of energy on the same day showed that as of last week, the US commercial crude oil inventory had increased by 500000 barrels to 357.9 million barrels, but its total inventory was still 5.7% higher than that of the same period last year

gasoline inventory decreased by 3.5 million barrels to 226.6 million barrels, which was 5.3% higher than that of the same period of the year when the fixture equipped with the universal testing machine should be coated with antirust oil. In the past four weeks, gasoline consumption demand reached 9.1 million barrels per day, an increase of nearly 1% over last year

the report also showed that the inventory of refined oil products, including heating oil, fell last week, and 1.3 million barrels of fully automatic power failure protection were provided, which was 173.6 million barrels, but still 1.5% higher than the same period last year

affected by the report, international oil prices have strengthened in an all-round way. Light crude oil futures for November delivery on the New York Mercantile Exchange rose $1.20 to close at $77.86 a barrel. In London market, Brent crude oil futures in the North sea rose $2.06 to close at $80.77 per barrel due to the cycle of more than one month for many foreign trade orders

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