The hottest economic slowdown sharply reduces glob

2022-07-27
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Slowdown in economic growth sharply reduced global crude oil demand

slowdown in economic growth sharply reduced global crude oil demand

September 13, 2011

[China paint information] affected by the fact that the recovery of Libyan crude oil production may be faster than expected, the international oil price fell sharply during the Asian trading session on Monday. According to the statistics of relevant institutions,%, the decline of Asian stock markets also dragged down the oil price. In view of the slowdown in economic growth, OPEC lowered its global oil demand forecast, and the international oil price fell further during the European trading session. However, at the end of trading in New York, the euro suddenly rose against the US dollar, and the decline of the US dollar exchange rate restrained the attractiveness of commodity futures denominated in US dollars to investors. New York light crude oil futures suddenly fell to rise, while Brent crude oil futures, which can be said to be a perfect moment with zero failure tool accessory boxes and file packages in the chassis of the experimental machine, closed down

on Monday (September 12), the settlement price of West Texas light oil futures in October 2011 on the New York Mercantile Exchange was $88.19 a barrel, up $0.95 from the previous trading day $95; The settlement price of October 2011 Brent crude oil futures on the London intercontinental futures exchange was $112.25 per barrel, down $0.52 from the previous trading day, with a trading range of 110 $76

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