On Saturday, Beijing time, American oil service company Baker Hughes (Baker? Hughes), as of the week of July 17, the total number of oil wells decreased by 7 to 18 1, while the total number of gas wells in Zhou Tianran was still 75; The total number of wells decreased by 7 to 258. For 1 1 week, American drilling companies cut the number of oil drilling platforms and natural gas drilling platforms to a record low. After the data was released, the short-term fluctuations of the two oils were not significant.
The Organization of Petroleum Exporting Countries believes that with the reopening of the world economy, there are encouraging signs of improvement in the market. Although partial blockade measures may be re-implemented in some places, there are obvious signs of recovery in both the physical market and the futures market. The Organization of Petroleum Exporting Countries (OPEC) announced that the production reduction order has entered the second stage, and the scale of production reduction will be reduced by 2 million barrels to 7.7 million barrels per day. The Organization of Petroleum Exporting Countries predicts that the seasonal performance of energy demand will be more obvious this year due to the epidemic situation, and the public demand for public transport is expected to pick up in the future. For oil-producing countries, the impact of production reduction adjustment on energy exports is limited.
As of the close of the day, the futures price of light crude oil for August delivery in the New York Mercantile Exchange rose by 0.22 USD to close at 40.8/kloc-0 USD per barrel, with an increase of 0.54%. London Brent crude oil futures for September delivery rose 0. 14 USD to close at 43.28 USD per barrel, with an increase of 0.32%.
According to today's July 2 1 financial news:
1. The quoted interest rate (LPR) of the loan market has remained unchanged for four consecutive months. The People's Bank of China authorized the release of the latest LPR yesterday, in which 1 year LPR is 3.85%, and the LPR over five years is 4.65%, all of which remain unchanged. Since April, LPR has been flat for four consecutive months, which is the longest time that interest rates have remained unchanged since the reform and improvement of LPR formation mechanism from 2065438 to August 2009.
The price of waste paper has dropped. According to the data monitoring of the business community, the purchase price of waste paper in some paper mills began to decrease from 18, and 19 began to continue the downward trend. On the 20th, the price of waste paper broke out from south to north.
3. The reserve price of central reserve cotton fell. According to the data of State Grain and Material Reserve Bureau, the reserve price in the fourth week (July 20 -24) was 1 1.956 yuan/ton, down by 73 yuan/ton from the previous week. The spot price index of cotton in domestic and international markets is calculated and determined according to the weight of 50% respectively.
As can be seen from the above analysis, the adjustment data of this round of oil prices for seven working days up to today are almost the same as the statistics of the last round of oil prices, both of which are slightly up and down. At present, this round of oil price statistics is still in the forecast of increase. Today, it is estimated that the increase of 32 yuan/ton does not meet the increase condition of 50 yuan/ton, but it is only 18 yuan from the standard red line of oil price increase. Compared with the statistics of the last oil price adjustment, the probability of oil price rising is still very high. (Source: international oil prices of crude oil and refined oil; Compile/car home? Graduation)