Industry News

Global crude oil price reaches 6-week peak on Apr 28

Views : 406
Update time : 2021-04-30 16:41:43
According to the market price of crude oil on April 28th, the crude oil futures price for June on the West Texas Intermediate showed US$63.86/barrel, increased by 1.5% in a trading day, and the crude oil futures price for June on the Brent Crude showed US$67.27/barrel, increased by 1.3% from the previous trading day.

Among them, the main reason for the strong increase was benefited by the optimistic attitude from the Organization of the Petroleum Exporting Countries (OPEC) on April 27th, which decided to increase their crude oil production gradually, confidence in the future demand of the world.
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