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International Oil Prices Rose On June 30th, $ 46.04 A Barrel For US Oil
Jul 03, 2017

International oil prices rose on June 30th. US Oilfield Technical Services Company Baker Hughes released data at that day, which showed that the number of oilfield drilling operated in the United States was less than the previous week. It was the first time for the number of drilling reduced since January this year.

Besides, the weaker dollar at that day increases the oil investment attraction based on the dollar-denominated and push oil prices to rise.

By the end of the closing day, the New York Mercantile Exchange   The futures price of light crude oil delivering in August rose by $ 1.11 and closed at $ 46.04 a barrel with an increase of 2.47%. The futures price of London Brent crude oil delivering in August rose by $ 0.50 and closed at $ 47.92 a barrel with an increase of 1.05%.

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