Crude oil prices hike nearly 2% on Jul 10
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Update time : 2021-07-12 17:16:42
The crude oil futures price for August showed a 2.2% increase in the New York Mercantile Exchange, came to US74.56/barrel, mainly stimulated by the decreasing inventory level in the US.
Moreover, the crude oil price not only showed strong in the US but also in Europe, the crude oil futures price in the Brent Crude also showed a nearly 2% increase on the same day, came to US$75.55/barrel.
Last week, the daily average imports of crude oil in the US showed week on week decrease, with a range of 500,000 barrels declines from the previous week, came to 5.9 million barrels.
