Industry News

Global crude oil price pressured by US’ increasing inventory

Views : 225
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.
Related News
Read More >>
DECO Australia champions sustainable architecture with ASI-backed aluminium commitment DECO Australia champions sustainable architecture with ASI-backed aluminium commitment
Jun .05.2025
DECO Australia champions sustainable architecture with ASI-backed aluminium commitment
DECO Australia champions sustainable architecture with ASI-backed aluminium commitment DECO Australia champions sustainable architecture with ASI-backed aluminium commitment
Jun .05.2025
DECO Australia champions sustainable architecture with ASI-backed aluminium commitment
Metro Mining logs 26% growth in bauxite deliveries, backed by infrastructure gains and cost edge Metro Mining logs 26% growth in bauxite deliveries, backed by infrastructure gains and cost edge
Jun .05.2025
Metro Mining logs 26% growth in bauxite deliveries, backed by infrastructure gains and cost edge
Metro Mining logs 26% growth in bauxite deliveries, backed by infrastructure gains and cost edge Metro Mining logs 26% growth in bauxite deliveries, backed by infrastructure gains and cost edge
Jun .05.2025
Metro Mining logs 26% growth in bauxite deliveries, backed by infrastructure gains and cost edge