Home > News > Content
International Oil Prices Rose On The 16th , Closed At $71.49 A Barrel In New York Market
May 17, 2018

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%.

We're Here to Help

  • +86-022-25948296



      Dagang Oilfield,Tianjin,China

News letter

Enter in your email address to receive deals
and coupons.
Bookmark us today!