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International Oil Prices Have Been Repeated &Nbsp; China'S Oil Prices Are Down At The End Of The Month.

2011/8/29 9:42:00 32

Oil Prices Are Down Repeatedly.

After Al-qaddafi lost control of Libya, international oil prices fell. However, subject to Federal Reserve The possibility of more economic stimulus measures and hurricane "may be launched". Aileen The impact of international oil prices has been repeated again and again.


According to the data of interest energy, as of August 26th, the change rate of crude oil in the three places was -2.51%, and there is still a certain distance from the 4% price adjustment red line. Can China's oil products meet the first reduction this year at the end of August? Doubt 。


Bloomberg data show that the "Aileen" impact of the east coast of the United States concentrated on 10 refineries in the United States, its capacity accounted for 7.1% of the United States refining capacity, reaching 1 million 210 thousand barrels per day.


In addition, on Friday night, Federal Reserve Chairman Bernanke told Jackson Holzer, Wyoming, that the September meeting of the Federal Reserve will be increased from one day to two days to consider the tools and other issues to provide further monetary stimulus, which is interpreted by the market as the launch of QE3 (third round of quantitative easing). Foreshadowing Affected by this, international oil prices have gone up again.


Last week, the New York Mercantile Exchange delivered WTI crude oil futures in October at $85.37 a barrel, rising 3.8% throughout the week, saying goodbye to the consecutive weekly decline since July.
 

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