International oil prices rose in March 31st

Affected by a weaker dollar and other factors, international oil prices continue to rise in March 31st closing.

The Federal Reserve Chairman Yellen this week’s dovish remarks, a measure of the dollar against six other major currencies dollar index fell 0.35% in 31 days, Yao City fell to 94.525. A weaker dollar increase in dollar denominated oil investment attraction.

Crude oil data of the U.S. energy information administration released on the 30, last week’s average daily crude oil production continued to decline, 16 thousand barrels to reduce 9 million 22 thousand barrels. Low prices forced manufacturers of crude oil production, market supply and demand balance is in progress.

As of the date of closing, the New York Mercantile Exchange in May 2016 delivery of light crude oil futures prices rose 0.02 U.S. dollars, to close at $38.34 a barrel, up 0.05%. May 2016 delivery of London Brent crude oil futures prices rose 0.34 U.S. dollars, to close at $39.6 a barrel, up 0.87%.

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