Crude oil prices become weak on Dec 28
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Update time : 2020-12-29 18:16:15
According to the market news, the crude oil price showed a decrease on December 28th, by around 1%.
Among them, the crude oil future price in the West Texas Intermediate came to US$47.62/barrel, decreasing by 1.26% from the previous trading day; the crude oil future price for February in the Brent Crude was US$50.86/barrel, decreasing by 0.84% from last Friday.
The decline in crude oil prices on December 28th was mainly caused by the worsening epidemic situation in many countries, especially in Europe and Africa. Moreover, the market also expected the main oil-producing countries might increase their daily crude oil output very soon.
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