The hottest US market rescue plan was questioned,

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The U.S. rescue plan was questioned, and the international oil price fell slightly on Friday

the U.S. rescue plan was questioned and took a hydraulic clamping situation. The international oil price fell slightly on Friday

October 6, 2008

[China paint information] because the market is skeptical about the landing effect of the newly adopted rescue plan in the United States, which is also divided into domestic configuration and imported configuration, and it is expected that it will not be able to prevent the U.S. economic downturn, Affected by this, international oil prices fell on Friday. At the close of Friday, November light crude oil futures on the New York Mercantile Exchange were $93.88 a barrel, down $0.09 from the previous trading day; November Brent crude oil futures on the London Intercontinental Exchange were $90.25, down $0.31; New York heating oil futures in November were 266.20 cents per gallon, down 4.75 cents, especially for the research and development of new products and other performance tests; Rbob gasoline futures in November were 222.83 cents per gallon, down 2.67 cents; London Intercontinental Exchange September diesel futures $882.75 per ton, down $13.25 from the previous trading day

the U.S. House of Representatives on Friday passed a rescue plan involving more than 700 billion dollars with 263 votes for 171 against. However, due to great differences in investors' expectations for the economic outlook of the United States, oil prices rose first and then fell after the adoption of the plan, and finally ended slightly lower. Oil prices in New York fell 12% this week, the biggest weekly decline since 2004

Michael Lynch, President of the Massachusetts Institute of strategic energy and economics, said: "it seems that any action taken by the government can not improve the economy in a short time to stimulate the market, and market participants have expected the plan to be passed."

crude oil futures for November delivery in New York fell 9 cents on Friday, closing at $93.88 a barrel, the lowest since September 16. The oil price increased by 17% over the same period last year

data released by the U.S. Department of labor on Friday showed that employment in the U.S. non-agricultural sector fell by 159000 in September, the ninth consecutive month of decline, a decline far greater than the 100000 expected by analysts, the largest decline since March 2003. The weak employment market reflects that the deepening credit crisis has had a serious impact on the U.S. economy, thus indirectly affecting the growth of energy demand

the U.S. mineral administration said on Friday that at present, oil and gas companies in the Gulf of Mexico have resumed 52% of local oil production and 55% of natural gas production, and about 626000 barrels/day of oil production and 3.3 billion cubic feet/day of natural gas production are still closed

high oil prices have suppressed the demand for petroleum products in OECD member countries, offsetting the demand growth in developing countries. However, the IEA believes that strong oil consumption in non OECD countries has offset the downward revision of oil demand in other regions. The International Energy Agency predicts that the average daily demand for global petroleum products in 2009 was 87.7 million barrels, an increase of 860000 barrels, or 1.1 percent, over the average daily demand in 2008; It is estimated that the world oil demand will increase by 890000 barrels per day in 2008

according to the results of the British tanker tracker, oilmovements announced on Thursday that it is expected that the daily export volume of crude oil of other OPEC member countries except Angola and Ecuador will drop to 24.49 million barrels by the end of October 18, an increase of 190000 barrels compared with the daily export volume of 24.3 million barrels by the end of September 20. Mason, the head of the agency, said that the decrease in daily exports was mainly due to OPEC's decision to reduce its production quota to 28.8 million barrels last month and the decline in demand in the United States, Japan and South Korea

according to the latest news, the package price of OPEC calculated by the weighted average price of 13 OPEC member states on October 2 was $89.28 per barrel, down $0.72 from the previous trading day

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