International crude oil prices rise to 5-month high
Views : 45
Update time : 2025-01-14 16:18:00
The recent sanctions imposed by the US on the Russian crude oil industry are expected to force refiners in India and China to seek alternative sources of crude oil, which may disrupt market supply. The international crude oil price rose on January 13, reaching a five-month high.
West Texas Intermediate (WTI) crude for February delivery increased by US$2.25 (2.9%), reaching US$78.82/barrel on the New York Mercantile Exchange. It was the highest level since August 12 last year.
Brent crude for March delivery rose by US$1.25 (1.6%), settling at US$81.01/barrel, the highest since August 26, 2024.
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
