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International oil prices continue to rise on the 2nd

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International oil prices continue to rise on the 2nd

Release date: 2016-12-20 Author: Click:

  

NEW YORK, March 2 (Xinhua) US crude oil production continued to fall, and international oil prices continued to rise on the 2nd.


US Energy Information Administration announced on the 2nd crude oil data show that the US average daily crude oil production last week, 907.7 million barrels, down 2.5 million barrels. Analysts believe that low oil prices to US shale oil producers cut.


Another report said that low oil prices to the oil-producing countries to bring huge financial pressure, so Saudi Arabia and other major oil-producing countries tend to take measures to support oil prices.


As of the close, the New York Mercantile Exchange, light sweet crude for April delivery rose 0.26 US dollars, to close at 34.66 US dollars a barrel, or 0.76%. May Brent London crude oil futures rose $ 0.12, to close at $ 36.93 a barrel, or 0.33%. Taicang diesel oil


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