Hottest December 20 international crude oil future

2022-08-13
  • Detail

On December 20, the daily morning post of the international crude oil futures market

on Wednesday (connected to the mainframe through a hinge). On December 19, affected by the reduction of crude oil inventories in the United States, crude oil futures on the New York Mercantile Futures Exchange (NYMEX) and Brent crude oil futures on the London Intercontinental Exchange (ice) closed higher

I. summary of international crude oil closing on December 19:

(I). NYMEX crude oil futures on February 19, the settlement price of crude oil futures rose $1.16 to $91.24 a barrel, ending the weakness of the previous four days

(II). Ice Brent crude oil futures on February 19, the settlement price of crude oil futures rose $1.36 to $91.48 a barrel. At one point, it rose more than $2 to $92.27

II. Fundamental news

(I) the service life of polycarbonate materials in line with the development trend of recycling and environmental protection is more guaranteed. The U.S. Energy Information Administration (EIA) announced that the U.S. crude oil inventory fell by 7.6 million barrels in the week of December 14, far more than the 1.6 million barrels estimated by analysts. At present, crude oil inventory is the lowest since February 2005. Distillate oil inventory decreased by 2.1 million barrels, the decline was also higher than expected, and gasoline inventory increased by 3million barrels

(II). Russian Rosneft oil company said that its oil production since 2007 is 100million metric tons, and the expected production is 102.5 million metric tons

(III). As of the week of February 18 when the friction test was carried out in January, the fuel oil inventory in Singapore fell by 362000 barrels to 12.658 million barrels; The inventory of medium distillate jumped by 977000 barrels to 7.901 million barrels in the week; Light distillate oil increased by 462000 barrels to 7796000 barrels in the week

(IV). Workers at the FOS sur mer refinery under Exxon Mobil have started a strike at the call of the French CGT Union. An official at the refinery said the specific impact of the strike on the plant's capacity was unclear. The reason for the strike was the Union's misunderstanding of the company's early retirement plan

previously, total SA announced that the strike of some refining plants under the company had ended

(V). Data released by the Japan Petroleum Association (PAJ) on Wednesday showed that Japan's crude oil inventory fell by 6% in the week of December 15, due to the increase of refinery capacity utilization by nearly 3 percentage points

as of the week of December 15, Japan's crude oil inventory fell below the 15 million kiloliter level to 14.93 million kiloliters (93.93 million barrels)

note: the reprinted content is indicated with the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content

Copyright © 2011 JIN SHI