The sharp rise in oil prices should be said to be only a market panic, and the structural supply crisis is far from coming. Although the situation in Libya has been confusing. But judging from the whole oil supply structure in the world, Libya's share is not large. The main problem is that the oil price itself is on the inflation track. The bigger reason is speculation. "
At the same time, Fu Chengyu, chairman of CNOOC, also expressed the view that in the short or long term, the flood of liquidity, the weakness of the US dollar and the expected depreciation of the US dollar will lead to the continuous rise of oil prices, and the era of low oil prices will never return. China should be prepared to deal with long-term high oil prices.
International oil prices skyrocketed:
International oil prices rebounded sharply on Thursday, with Brent crude oil futures and US crude oil futures both soaring by more than 10%, recovering the huge lost ground during the global market turmoil earlier this week, which benefited from market speculation that Venezuela called for an emergency meeting of the Organization of Petroleum Exporting Countries, the global stock market rebound and the slowdown in supply, which gave birth to a short covering-style rebound.
The Wall Street Journal reported that Venezuela contacted members of the Organization of Petroleum Exporting Countries and urged an emergency meeting with Russia to work out a plan to curb the sharp drop in oil prices.
Brent crude oil futures price closed up 4.42 USD on Thursday, up 10.25% to 47.56 USD/barrel; NYMEX crude oil futures prices in the United States closed up $3.96, or 10.26%, at $42.56/barrel on Thursday.
The surge in China's stock market eased the market's worries about the country's economy, and promoted the general rise of commodities after this week's selling. On Thursday, the Shanghai Composite Index closed up 5.3%. On Wednesday, the US stock market broke the trend of falling for six consecutive days, creating the biggest one-day gain in nearly four years. Analysts said that the rise of securities assets supported the general rise of so-called risky assets such as oil and copper.
Refer to the above? Baidu encyclopedia-oil price
Refer to the above? People's Daily Online -2065 438+08 The oil price will be adjusted for the last time, or it will end in a five-day losing streak.