1. Last week, the international oil price continued to fall, and the US crude oil futures price fell below the $40 mark per barrel, which was the first time since then.
The New York Mercantile Exchange West Texas Intermediate (WTI) futures price fell 1.36 USD to close at 39.57 USD per barrel, with a decrease of 0.62%. This week will be the last day of the oil supply tightening period in Saudi Arabia, the world's largest crude oil producer, and it may continue to increase production due to OPEC+'s production reduction agreement. The New York Mercantile Exchange's light crude oil futures price for delivery in June 5438+February fell by 0.34 USD to 4 1.20 USD per barrel, a decrease of 0.62%; London Brent crude oil futures for February delivery fell 1.06 USD to 4 1.42 USD/barrel, with a decrease of 1.04%.
This week, the US crude oil futures price rose slightly, mainly because the international oil price continued to fall.
Affected by concerns about vaccine prospects and the weakening of the US dollar index, US oil prices fell slightly last week. The futures price of light crude oil for June delivery in the New York Mercantile Exchange is $46.48 per barrel (-0. 1? 0.0 1)/ barrel, down 0.02 USD/barrel from the previous trading day, or 1. 12%. This week, the operating rate of American refineries increased by 0.2% to 66.4%. Although the US crude oil futures price rose slightly this week, the main contract of WTI crude oil futures has fallen by 8.2% this week. This is mainly due to the expected weakening of the US dollar index and the decline in international oil prices caused by the strengthening of the US dollar index.