Industry News

Global crude oil price pressured by US’ increasing inventory

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Update time : 2020-10-08 20:02:04
According to the market of crude oil in the world, crude oil prices showed decrease recently, mainly caused by the increasing inventory in the US and restricted supply from Mexico due to the impact of Hurricane Delta.

Among them, the crude oil future price for November in the New York Mercantile Exchange was US$39.95/barrel, decreased by US$0.72/barrel from the previous trading day, and the crude oil future price in the Brent Crude for November was US$41.99/barrel, decreased by US$0.66/barrel from the previous trading day.
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