30 international oil prices edged up

Date: 2016-3-31

30 international oil prices edged up.

The Federal Reserve Chairman Yellen recently on the influence of cautious remarks hike, 30 dollar dollar fell against most major currencies. The dollar fell to improve the attractiveness of dollar denominated oil investment.

The data, the U.S. energy information administration released data show that 30 last week, the national commercial crude oil inventories increased 2 million 300 thousand barrels, 534 million 800 thousand barrels, the current inventory levels increased 63 million 400 thousand barrels over the same period last year. The United States last week, the average daily crude oil production 9 million 22 thousand barrels, reduce 16 thousand barrels.

As of the day of closing, the New York Mercantile Exchange in May delivery of light crude oil futures prices rose 0.04 U.S. dollars, to close at $38.32 a barrel. May delivery of London Brent crude oil futures prices rose 0.12 U.S. dollars, to close at $39.26 a barrel.

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