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SunSirs: International Crude Oil Futures Continued to Fall on October 11

Time:2022-10-14

On October 11, international crude oil futures continued the decline of the previous trading day. The settlement price of the main contract of US WTI crude oil futures was 89.35 US dollars/barrel, down 1.78 US dollars or 2.0%; The settlement price of the main contract of Brent crude oil futures was 94.29 dollars/barrel, down 1.90 dollars or 2.0%. The good news of OPEC+ production reduction in oil producing countries has been gradually digested by the market. The focus of the market has returned to the demand side. The market is increasingly worried about the economic recession and the weakening demand of the epidemic in Asia.

From:SunSirs