After three consecutive days of rising international oil prices, , the international oil prices closed on Saturday, fell again . Currently, the price of Brent crude oil is close to $96 per barrel, and the price of US is close to $88 per barrel. This makes the next oil price adjustment for , which will be conducted in November, and is expected to rise again by . Let’s take a look at the latest news on international oil prices.
Latest international oil price: As of the close of October 29, the price of light crude oil futures delivered on the New York Mercantile Exchange in December fell by $1.18, and fell by 1.32% , closing at 87.90 per barrel ; the price of London Brent crude oil futures delivered in December fell by $1.19, and fell by 1.23% , closing at 95.77 per barrel .
Latest news about oil price adjustment: A new oil price adjustment will be held on 100 yuan/ton on the evening of 11,100 yuan/ton (0.08 yuan/liter-0.09 yuan/liter), which makes html the oil price that just rose in October may continue to rise . I hope the oil price will not rise too much.
latest news on international oil prices
OPEC is expected to grow at 2022 at 2.64 million barrels per day, before 3.1 million barrels per day ; it is expected to grow at 2.34 million barrels per day in 2023, a decrease of 360,000 barrels per day to 102.02 million barrels. The other two major energy agencies, , , and the US Energy Information Administration (EIA) and the International Energy Agency (IEA), have not been downgraded that much, but they also show that the overall market is not optimistic about demand.
"OPEC+" composed of its oil-producing allies unexpectedly announced a production cut of 2 million barrels per day at the Vienna meeting this month to stabilize oil prices. Although a declaration of production cuts was issued, there was no sign of a significant decrease in Saudi Arabia's exports in November. Biden senior energy consultant Amos Hockstein recently said that the actual production cuts of "OPEC+" are expected to be only about a quarter of the planned .
American oil field technology service company Baker Hughes 28 data released on the This week, the number of active oil drilling rigs in the United States was 610, a decrease of 2 month-on-month and an increase of 166 year-on-year.
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