Industry News

Brent Crude oil price reaches 3-month new high on Dec 3

Views : 155
Update time : 2020-12-04 19:55:30
According to the crude oil price in the Brent Crude on December 3rd, the crude oil closing price has reached a new high since this March 5th.

The main reason for the strong trend was benefited by the cutting-production policy from the main crude oil-producing countries.

Among them, the crude oil price in the New York Mercantile Exchange for January on December 3rd was US$45.64/barrel, increased by nearly 1% from the previous trading day, and the crude oil price for next February in the Brent Crude was US$48.71/barrel on December 3rd, increased by nearly 1% too.
Related News
Read More >>
Taiwan’s Yieh Phui seeks vindication after US preliminary dumping determination on corrosion-resistant steel products Taiwan’s Yieh Phui seeks vindication after US preliminary dumping determination on corrosion-resistant steel products
Apr .17.2025
Taiwan’s Yieh Phui seeks vindication after US preliminary dumping determination on corrosion-resistant steel products
Rio Tinto posts declines in Q1 Pilbara iron ore shipments & production Rio Tinto posts declines in Q1 Pilbara iron ore shipments & production
Apr .17.2025
Rio Tinto posts declines in Q1 Pilbara iron ore shipments & production
China’s crude steel output rises by 4.6% in May, hitting 10-month high China’s crude steel output rises by 4.6% in May, hitting 10-month high
Apr .17.2025
China’s crude steel output rises by 4.6% in May, hitting 10-month high
Philippine SteelAsia to start new steel sections mill in 2027 Philippine SteelAsia to start new steel sections mill in 2027
Apr .17.2025
Philippine SteelAsia to start new steel sections mill in 2027