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International Oil Prices Fell On 19th, Closed At $ 49.48 A Barrel
Sep 21, 2017

International oil prices closed down on the 19th.

US Energy Information Board will release the US national commercial crude oil inventories of last week on 20th. The market expect widely that the data will increase. The US shale oil production report released on the 18th show that in October the US shale oil production will increase for the tenth consecutive month, the daily output will reach a record 608 million barrels, which also put the market under pressure.

By the end of 19th, the light crude oil price of New York Mercantile Exchange future delivery in October fell $0.43, closed at $49.89 a barrel, fell by 0.9%. the crude oil price of London Brent future delivery in November fell $0.43, closed at $55.14 a barrel, fell by 0.6%. 

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