Industry News

Crude oil prices hike nearly 2% on Jul 10

Views : 339
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.
Related News
Read More >>
Embraer & Hindalco ink MoU to explore aerospace aluminum production in India Embraer & Hindalco ink MoU to explore aerospace aluminum production in India
Feb .27.2026
Embraer & Hindalco ink MoU to explore aerospace aluminum production in India
Taiwan’s Tang Eng ups stainless steel prices for Mar Taiwan’s Tang Eng ups stainless steel prices for Mar
Feb .27.2026
Taiwan’s Tang Eng ups stainless steel prices for Mar
Taiwan’s Walsin Lihwa raises stainless steel prices for Mar due to rising material costs & recovered market Taiwan’s Walsin Lihwa raises stainless steel prices for Mar due to rising material costs & recovered market
Feb .27.2026
Taiwan’s Walsin Lihwa raises stainless steel prices for Mar due to rising material costs & recovered market
Ansteel Group develops 7,250-meter high-strength 2160 MPa wire rope Ansteel Group develops 7,250-meter high-strength 2160 MPa wire rope
Feb .27.2026
Ansteel Group develops 7,250-meter high-strength 2160 MPa wire rope