After yesterday's slight drop in international oil prices, the international oil price closed again this morning . The current price of Brent crude oil has exceeded 87 US dollars/barrel, and the price of crude oil in the United States has also exceeded 81 US dollars/barrel. This makes a new round of oil price adjustments that will be carried out next week, and will rise 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 on January 27, the price of light crude oil futures for March delivery on the New York Mercantile Exchange rose by $0.86, and increased by 1. 07%, closing at US$281.01 per barrel ; London Brent crude oil futures prices for delivery in March rose by US$1.35, or 1.57%, to close at US$287.47 per barrel..
The latest news on oil price adjustment: oil price will be adjusted on the evening of html next week on December 3rd. It is currently expected that oil price will increase by 210 yuan/ tons (0.16 yuan / liter - 0.20 yuan / liter), everyone reminds each other , oil prices just fell last week , will rise again next week .
Latest international oil price news
The U.S. Energy Information Administration (EIA) said on Wednesday U.S. crude oil and gasoline inventories rose last week due to weak demand for fuel products . Crude oil inventories rose by 533,000 barrels last week to 448.5 million barrels, missing expectations for a rise of 1 million barrels. Refinery throughput increased by 128,000 barrels per day last week as refineries reopened after winter storms idled some production.
The EIA report shows that U.S. crude oil exports in the week to January 20 were the highest since the week of November 25, 2022. In the latest week, U.S. Midwest crude oil inventories rose to their highest level since July 2021. Commercial crude oil inventories in the United States excluding strategic reserves in the week to January 20 were the highest since the week of June 25, 2021.
According to people familiar with the matter, the EU is formulating a plan to set the price ceiling for exports of high-quality Russian refined oil products such as diesel to $100 , and the price ceiling for discounted products will be reduced to $45. The EU executive is considering the target levels after the G7 proposed a price band based partly on existing crude caps, but they could still change during negotiations with member states.
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