The International Energy Agency released a report on the 13th that if the major oil-producing countries implement the production reduction agreement, and Canada decided to reduce oil sands production, the international crude oil market may be in short supply in the second quarter of 2019. Analysts say the news boosts oil prices.
By the end of the closing day, the New York Mercantile Exchange The futures price of light crude oil delivering in January 2019 rose by $ 1.43 and closed at $ 52.58 a barrel with an increase of 2.8%. The futures price of London Brent crude oil delivering in February 2019 rose by $ 1.3 and closed at $ 61.45 a barrel with an increase of 2.16%.
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