On the 14th, international oil prices fell sharply, creating the largest drop in nearly three months. The average price of NYMEX crude oil last week was US$97.228/barrel, down from the previous week's average price by US$3.184, a decrease of 3.17%. The average price of ICE Brent crude oil ** fell 2.542 US dollars last week, reaching 107.098 US dollars / barrel. As a result, the spot price of the market fell across the board.
According to Treasure Island's data, the average daily price of crude oil in the three places on December 15 was US$106.070 per barrel, and the average price in the past 22 days was US$109.811 per barrel, representing an increase of 1.82% from the benchmark price on October 7 (last adjusted oil price). Zhongyu Information Data shows that as of Dec. 14, the change rate of crude oil in the three places dropped to 2.11%.
The most recent price adjustment was December 1st, when the rate of change in international oil prices reached 3.98%. At that time, the price adjustment distance from the 4% red line was only 0.02%. However, as the international oil price continued to fall, the rate of change in the three regions gradually shrank.
For the later trend, analysts generally believe that taking into account the New Year is approaching, the western countries festive atmosphere gradually increasing and other factors, the latter period of international oil prices may remain volatile. This also means that there is little possibility that international oil prices will rise before the Spring Festival, and the possibility of domestic oil price increases is also very small.
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Company information:
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