According to the data released by the US Energy Information Administration on the 16th, last week, the nation’s national commercial crude oil inventory was 432.40 million barrels, a decrease of 1.4 million barrels.
Analysts said that the news of a reduction in U.S. crude oil inventories helped boost oil prices that day.
By the end of the day, New York Mercantile Exchange , the future price of light crude oil delivering in June rose by $0.18 and closed at $71.49 a barrel with an increase of 0.25%. the future price of London Brent crude oil delivering in July rose by $0.85 and closed at $79.28 a barrel with a increase of 1.08%.
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