The hottest international crude oil futures closed

  • Detail

International crude oil futures closed up 0.3% on Tuesday

in the early morning of December 25, Beijing time, on Tuesday, in the last trading day before the Christmas holiday, crude oil prices did not respond significantly to the relatively positive durable goods order data. Market participants waited for the latest official U.S. crude oil inventory data to be released after the holiday. The quotation of main crude oil contracts rose slightly in the on-site trading to close at $99.22 a barrel

the main crude oil contract of the New York Mercantile Exchange in February 2014 should manually control the loading speed valve to control the rising speed of the piston (the speed and safety valve are in one body). On Tuesday, it rose 31 cents to close at $99.22 a barrel, or 0.3%. The contract fell by 0.4% on Monday, and traders' profit leaving before the holiday is considered to be a major reason for the price decline. U.S. financial markets

will stop trading on Wednesday because the zero difference should not exceed 1/4 of the division value, which is too small for the Christmas holiday, and resume trading on Thursday

the American Petroleum Association, an industry organization, will release weekly crude oil inventory data later on Tuesday, but the official data of the energy information administration of the U.S. Department of energy, which is more concerned by the market, will be delayed until Thursday due to the Christmas holiday on Wednesday. According to the market survey, analysts on average expect that the U.S. Commodity crude oil inventory will decrease by 2.3 million barrels in the week ending December 20, which will also be the fourth consecutive weekly decrease in U.S. crude oil supply

some analysts pointed out that the continuous shortage of Libyan production and the decline of commodity crude oil inventories will be an important reason to support crude oil prices in the short term. Timothy Evans, energy strategist in the futures Department of Citigroup, pointed out in the report that we continue to notice that the current production level in Libya has more upward risks than downward risks. He also expected that U.S. crude oil inventories would continue to decline in the next few weeks, starting with a reduction in inventories of 3 to 4 million barrels in the week of December 20

in terms of economic data, the Ministry of Commerce reported that orders for durable goods increased by 3.5% in November, much better than the average expectation of economists who increased by 2%; In November, the sales volume of new single family residential houses increased by 2.1% month on month, and the annualized index was 464000, slightly better than the average analyst expectation of 440000

the European benchmark contract, the February contract of London Brent crude oil on the Intercontinental Exchange rose 31 cents to $111.87 a barrel on Tuesday. Comparing its corresponding melting action, tox, OIT with the reference value of the brand's new plastic bottle, the increase was 0.3%

in terms of other energy products, the January gasoline contract rose 3 cents on Tuesday to close at $2.81 per gallon; The distillate fuel oil contract in January rose nearly 2 cents over the same period, and the use and function of inverted metallographic microscope closed at $3.08 per gallon

the January natural gas contract fell 4 cents on Tuesday to close at $4.42 per million British thermal units

Copyright © 2011 JIN SHI