Brent crude oil futures rose on concerns of declin

2022-10-24
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Worried about the decline of spare capacity, Brent crude oil futures rose

worried about the decline of spare capacity, Brent achieved mass production of aerogel products for the first time in China, and crude oil futures rose

on June 8, 2011, reading table 1. Main features of special engineering plastics: Source: but Chinese coatings | submission

[China coatings information] the market generally felt that OPEC would increase production quotas at Wednesday's meeting, OPEC also recommended the decision to increase production quotas at the meeting of the oil ministers' Monitoring Committee before the meeting. Usually, increasing production quotas will suppress the high crude oil price. Some important oil producing countries of the International Energy Agency and OPEC in the Persian Gulf are also worried that the high oil price will inhibit economic growth. However, some speculators bucked the market and believed that OPEC's increase in crude oil production would reduce standby production, further pushing up oil prices

on Tuesday (June 7), the settlement price of West Texas light oil futures in July 2011 on the New York Mercantile Exchange was $99.09 a barrel, up $0.08 from the previous trading day, with a trading range of 97 $75; The settlement price of Brent crude oil futures in July 2011 on the London Intercontinental Exchange was US $116.78 per barrel, up US $2.30 from the previous trading day, with a trading range of 113 43 dollars

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