International oil price has fallen for two consecutive working days, and it has risen sharply today. Currently, the price of Brent crude oil has reached US$88 per barrel, and the price of US crude oil has reached US$83 per barrel. However, due to the large decline in international oil prices before, this has caused the 19th oil price adjustment of this year next week, and it is still expected to fall . Let’s take a look at the latest news and oil price adjustment information of international oil prices.
Today's international oil price: As of the close of the day, the price of light crude oil futures delivered on the New York Mercantile Exchange rose by US$4.14, and rose by 5.21% , closing at 83.63 per barrel ; the price of London Brent crude oil futures delivered in December rose by US$3.72, and rose by 4.37% , closing at 1.
Oil price adjustment news: html next week's will undergo a new oil price adjustment on the evening of October 10th. It is currently expected that will lower the oil price by 120 yuan/ton (0.09 yuan/liter-0.11 yuan/liter). I want to know in advance how much the oil price will fall next week , please follow the "zxyoujia" official account news.
international oil price latest news
Organization of the Petroleum Exporting Countries (OPEC) sources said on Sunday that OPEC+ will consider cutting oil production by more than 1 million barrels per day at this week's meeting. This will be the biggest production cut since the pandemic, aiming to cope with weak oil markets. The meeting will be held on October 5. But sharp production cuts could attract criticism from the United States and other major oil consumers, which have been battling economic slowdowns and energy-induced inflation.
A survey found that OPEC oil production rose to its highest since April 2020 29.81 million barrels per day, exceeding the month's production of , as production in Libya recovered from the disruption, Gulf member states increased production under an agreement reached with allies. Despite this, OPEC's production is still far below the requirement. Production in 10 member countries was 1.32 million barrels per day lower than their September target.
The largest oil exporter Saudi Arabia could raise the price of most grade crude oil sold to Asia in November , citing the expected recovery of demand, and the official selling price of flagship Arab Light crude oil (OSP) could rise by 25 cents a barrel.
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