Industry News

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

Views : 174
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 coated steel demand falls short of expectations after typhoon reconstruction Taiwan's coated steel demand falls short of expectations after typhoon reconstruction
Sep .19.2025
Taiwan's coated steel demand falls short of expectations after typhoon reconstruction
Global primary aluminum market has short supply of 119,900 tons in Jul Global primary aluminum market has short supply of 119,900 tons in Jul
Sep .19.2025
Global primary aluminum market has short supply of 119,900 tons in Jul
China's aluminum-related production statistics in Aug China's aluminum-related production statistics in Aug
Sep .19.2025
China's aluminum-related production statistics in Aug
Saudi Arabia accelerates major water transmission projects, raising pipe and long steel demand Saudi Arabia accelerates major water transmission projects, raising pipe and long steel demand
Sep .19.2025
Saudi Arabia accelerates major water transmission projects, raising pipe and long steel demand