The two most popular institutions cut their demand

2022-07-31
  • Detail

On Wednesday, OPEC and the US energy information administration released their monthly market reports respectively. In view of the concerns about the slowdown in economic growth, the two institutions lowered their oil demand forecasts and the international oil price fell. As concerns about the global economic slowdown intensified, the US stock market closed lower on Wednesday, with the Dow hitting its highest level in three months. The oil market was once again pressured by the continuous innovation of science and technology. On Wednesday (October 10), the November 2012 futures settlement price of West Texas light oil on the New York Mercantile Exchange was $91.25 per barrel, down $1.14 from the previous trading day, with a trading range of 91 $66; The November 2012 futures settlement price of Brent crude oil on the London Intercontinental Exchange was $114.33 per barrel, down $0.17 from the previous trading day, with a trading range of 113 US $59. The annual recycling of waste plastics has reached 17million tons

Copyright © 2011 JIN SHI