The hottest oil price may not continue to rise las

Oil prices may not continue to rise last week

last week, international oil prices rose. Last Thursday, the main contracts of New York crude oil and Brent crude oil futures both rose above the $50 per barrel mark for the first time since October last year, but then fell back. As of 19:00 on May 30, Beijing time, NYMEX July crude oil futures contract fell $0.07, or 0.14%, to $49.26 a barrel

6. Adjust the active needle and passive needle to zero, but the rising trend fell, but the price of crude oil futures in New York was still nearly 90% higher than the 13 year low hit in February, which was the largest increase after the 92% sharp rise from February to May 2009

in the research report, Huatai futures said that the overall rise in the crude oil market last Thursday continued the impact of last Wednesday's EIA data. On the one hand, U.S. crude oil inventories fell, with a trend of peaking and seasonal destocking. The decrease in inventories came from two contributions, namely, the import volume decreased by 362000 barrels per day, and the U.S. crude oil production continued to decrease by 24000 barrels per day

on the other hand, the data shows that gasoline consumption has fallen from the record high, but on the whole, the seasonal recovery trend has not changed, and the fluctuation of weekly data is still within the normal range. The start-up of the refinery is in great trouble. In the same period last year, the operating rate of the refinery has increased from more than 93%, but this year, it is not known that the installation process of the oil cylinder is still hovering around 90%. The inventory of refined oil, especially gasoline, is high, and the refining gross profit is suppressed at a low level, which puts a great pressure on the operation of the refinery

it is reported that Baker Hughes, an energy service company, said on Friday that although crude oil prices tested a seven month high of $50 per barrel, the number of active drilling rigs in the United States decreased for the ninth consecutive week. Baker Hughes said in his report that as of the week of May 27, the number of active drilling rigs in the United States decreased by 2 to 316, the lowest since October 2009, and 646 in the same period last year

industry insiders pointed out that oil prices have rebounded strongly since the low below $30 hit at the beginning of this year, which is mainly affected by the supply disruption and the continuous reduction of U.S. crude oil production. Data show that the recent global crude oil production has been reduced by nearly 4million barrels per day due to wildfires in Canada's oil sands region and violent attacks on Nigeria's energy industry

"breaking $50 is a psychological milestone." Bloomberg quoted Michael Wittner, head of oil market research at Societe Generale in New York, as saying that some Nigerian oil production and all Canadian oil production will return to the market, and the question is whether these oil production is important, which the market may not care about

maiwen, a senior analyst at Argus, a world-famous energy price evaluation agency, bluntly said that the crude oil market will take several years or even longer to consume the current high inventory, which will actually suppress the entire oil price below 60 yuan per barrel. At present, the short-term factor driving the rise in oil prices is the demand side. In the third quarter, there will be many refineries around the world that will enter the end of overhaul. The main source of increase in global demand is the Asia Pacific region. More than 60% and 70% of the increase in demand in the Asia Pacific region are from China and India. China's demand is expected to increase by more than 1.2 million barrels per day this year. Water based polyurethane adhesive can be widely used in door panels, columns, instrument panels, seats and top covers, etc.

CITIC futures pointed out in its research report that the rise in oil prices in the past few days has given investors better investment opportunities. However, considering that shale oil production capacity may restart at $50 per barrel, coupled with the Federal Reserve's expectation of raising interest rates and inventory outflows after the narrowing of monthly spreads, it is expected that oil prices will have a high callback risk in the short term