After the international oil price fell for three consecutive days, rebounded and rose this morning. The current price of Brent crude oil is still around 93 US dollars/barrel, and the price of US crude oil is also around 88 US dollars/barrel. This makes it possible for next week. The oil price adjustment to be carried out this year is the 16th, and oil prices are about to plummet again. Let’s take a look at the latest news on international oil prices and oil price adjustment information.
Today’s international oil prices: As of the close of the day, the price of light crude oil futures for September delivery on the New York Mercantile Exchange rose by $1.58, or 1.83% , closed at US$288.11 per barrel ; London Brent crude oil futures prices for October delivery rose by US$1.31, rose by 1.42% , closed at US$293.65 per barrel .
oil price adjustment news: next week's html will have a new oil price adjustment at 24:00 on August 23rd. At present, after 7 working days, it is expected that The oil price has been lowered to 1262 yuan/ton (0.20 yuan/liter-0.24 yuan/liter). If you want to know in advance how much the oil price will drop next week, please also pay attention to the "Latest Oil Price Inquiry" public account news.
Latest international oil price news
The EU and the United States said on Tuesday they were studying Iran's response to a "final" deal proposed by the EU after Tehran called on Washington to show flexibility. Analysts said oil supplies could increase as sanctions on Iran's oil exports would be lifted if talks aimed at reviving the 2015 nuclear deal between Iran and world powers were successful.
U.S. EIA crude oil inventory changes in the week ending August 12 actually announced a decrease of 7.056 million barrels, and an expected decrease of 275,000 barrels. Gasoline inventories actually reported a decrease of 4.642 million barrels, compared with an expected decrease of 1.096 million barrels. Refined oil inventories actually reported an increase of 766,000 barrels, compared with an expected increase of 440,000 barrels.
OPEC Secretary-General Haitham Al Ghais believes that as demand is still elastic and idle production capacity is reduced, the global oil market is facing serious supply tightening risks this year . Worries about slowing consumption, which has driven crude prices down 16% this month, are overblown. Meanwhile, OPEC+ is using up their extra supply.
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