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International Oil Prices Fell On April 19th And Closed At $ 50.44 A Barrel
Apr 21, 2017

US Energy Information Administration released the data on April 19th that showed US gasoline stocks unexpectedly increased to 1.54 million barrels in the previous week, which was the first time the data rose in nearly two months.

At the same time, the stronger dollar also reduced the dollar-denominated investment in oil. It rose 0.23% to measure the dollar against the dollar index of the six major currencies and rose to 99.731 in the currency market on the 19th.

By the end of the closing day, the New York Mercantile Exchange   The futures price of light crude oil delivering in May fell by $ 1.97 and closed at $ 50.44 a barrel with a decrease of 3.80%. The futures price of London Brent crude oil delivering in June fell by $ 1.96 and closed at $ 52.93 a barrel with a decrease of 3.6%

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