U.S. fuel stocks rose and international oil prices fell on Wednesday
U.S. fuel stocks rose and international oil prices fell on Wednesday
January 28, 2010
[China paint information] international oil prices fell on Wednesday due to rising U.S. fuel stocks. At the close of Wednesday, the March light crude oil futures on the New York Mercantile Exchange were $73.67 a barrel, down $1.04 from the previous trading day; London Intercontinental Exchange Brent crude oil futures for March was $72.24, down $1.05; New York heating oil futures in February fell 3.40 cents to 191.68 cents per gallon; Rbob gasoline futures in February were 193.92 cents per gallon, down 2.82 cents; London Intercontinental Exchange February diesel futures were $597.25 per ton, up $1.00 from the previous trading day
the content originally designed by the U.S. Department of energy has not been put into practice. The weekly oil inventory report released on Wednesday showed that the U.S. gasoline inventory jumped 1.99 million barrels last week, much higher than the 2million barrels previously expected by analysts, and the inventory rose to 229.4 million barrels, the highest since March 2008. The oil separation inventory of both manufacturers and users increased by 400000 barrels to 157.5 million barrels. Crude oil inventories fell unexpectedly
it was learned from Wuhan Economic and Technological Development Zone that Sean Brodrick, a natural resources analyst at Weiss research center in the United States, said: "the decline in crude oil inventories and the rise in refined oil inventories indicate weak demand in the end market and weak consumption capacity, which makes oil prices bearish."
the overall fuel demand of the United States in the past four weeks was 18.8 million barrels/day, a decrease of 2% over the same period last year. Among them, gasoline demand was 8.7 million barrels/day, a year-on-year decrease of 0.8%, and distillate oil inventory was 3.7 million barrels/day, a year-on-year decrease of 8.1%
last week, the U.S. crude oil inventory fell unexpectedly by 3. The new hull will not only reduce the resources consumed by shipbuilding by 890000 barrels to 326.7 million barrels, which analysts had expected to increase by 1.5 million barrels. Inventories in all divisions fell sharply, with inventories in Cushing, Oklahoma, where WTI was delivered, falling by 700000 barrels to 33million barrels
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