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International Oil Prices Rose On March 24th And Close At $ 47.97 A Barrel
Mar 27, 2017

International oil prices rose on the March 24th. 

US Oilfield Technical Services Company Baker Hughes released data at that day, which shows that the number of oilfield drilling operated in the United States has been up to 652 this week with an increase of 21 than the previous week.

Analysts said that the oil price slightly rebounded at that day after the international oil prices previously fell over several consecutive trading days.

By the end of the closing day, the New York Mercantile Exchange ,The futures price of light crude oil delivering in May rose by $ 0.27 and closed at $ 47.97 a barrel with an increase of 0.57%. The futures price of London Brent crude oil delivering in May rose by $ 0.24 and closed at $ 50.80 a barrel with an increase of 0.47%.

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