The latest round of production cuts by the Organization of Petroleum Exporting Countries (OPEC) and the new sanctions against Venezuela's largest oil producer pushed up the price of crude oil, and the oil price in new york rose on the 30th.
The rising oil price in new york will have a certain impact on the international oil price trend. At the same time, this is also related to whether the next round of oil price adjustment in China will rise, fall or run aground.
As of press time, the price of West Texas Intermediate crude oil (WTI) in the Asian market rose by 0.7% to $54.70 per barrel on Thursday, Beijing time.