International oil price closed down this morning after fell last Saturday, but the current price of Brent crude oil is still more than $94 per barrel, and the US crude oil price is also above $86 per barrel. This makes the new round of oil price adjustments to be made in November, and it is still expected to rise. Let’s take a look at the latest news and oil price adjustment information below.
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 in December fell by $1.37, and fell by 1.56% , closing at 86.53 per barrel ; the price of London Brent crude oil futures delivered in December fell by $0.94, and fell by 0.98% , closing at 94.83 per barrel .
Latest news on oil price adjustment: A new oil price adjustment will be conducted on 1 November 7th . At present, after 6 working days statistics, it is expected that will raise the oil price by 110 yuan/ton (0.08 yuan/liter-0.10 yuan/liter). If you want to know in advance how much oil price will increase in . Please also follow the "zxyoujia" official account news.
international oil price latest news
S&P global survey shows that Eurozone may enter a recession , with its business activity shrinking at the fastest rate in nearly two years in October. ECB policy makers also support continuing rate hikes, even if that would push the euro zone into recession and stir up political resentment.
The largest U.S. oil producer issued a warning just as U.S. oil exports rose to record levels last week, indicating that productivity and output growth in the Permian Basin, the largest shale oil and gas field in the United States, is slowing. U.S. shale oil producer Pioneer Natural Resources (PXD.N) will re-adjust its drilling portfolio next year to target wells with potentially higher returns to improve productivity levels. The reason given by the company's president Richard Deely is: "The productivity is lower than we expected, and we want to correct this."
OPEC released the "2022 World Oil Outlook", raised its estimate of global medium- and long-term oil demand , saying that although the energy transition is happening, $12.1 trillion is still needed to meet demand. This is in sharp contrast to the views of other forecasting agencies.
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