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China imported a record high crude oil
14/11/2022
World crude oil prices during the session last night ( 12/2 ) has bounced back above 100 USD per barrel , after market received information that in January , China imported a record high crude oil continent .

As announced by the Chinese customs authorities early hours of trading on 12/2 , in the first month of the year , the country imported crude oil which amounted to 28.16 million metric tons . According to calculations by the Wall Street Journal , the crude oil economy the world's second largest importer of the month 1/2014 has increased by 5.2 % compared to the month 12/2013 ..

Việc Trung Quốc gia tăng lượng mua dầu thô đã làm xoa dịu những lo lắng của thị trường bấy lâu nay về vấn đề tiêu thụ yếu kém - Ảnh: AFP.<br>
The China increased purchases of crude oil has eased market worries about problems it's always been weak consumption . From early 2013 until now , no report on the provision at too high , too low given demand , making investors nervous energy and pressured to lower crude oil prices on the world market .

In a separate incident , yesterday , in a monthly report of his Organization of Petroleum Exporting Countries ( OPEC ) said world oil demand in 2014 will increase faster than estimated earlier . Along reports on imports from China , OPEC forecasts have contributed to more optimistic investors .

However, the rise of crude oil prices session last night ( 12/2 ) is not strong enough , influenced in part by a report from the Energy Information Administration said U.S. crude supplies in the week ends on 7/2 has recently increased by 3.3 million barrels , much higher than the 2.5 million barrel increase forecast by market professionals .

End of trading session on 12/2 , sweet crude , mild March delivery on the New York commodities rose 43 cents , respectively, with an increase of 0.4 % , to $ 100.37 per barrel . According to statistics by FactSet organization , this is the highest daily closing price of crude oil futures this kind , from the session 27.12.2013 .

On the London trading floor , sweet crude , Brent North Sea crude for mild March rose 11 cents , respectively, with an increase of 0.1 % , to $ 108.79 per barrel . Currently , the difference between the price of WTI crude oil contract on the New York Mercantile Exchange and Brent North Sea crude was pretty much shorter than last week , down more than 8 USD / barrel .

According to the report of the Energy Information Administration U.S. in the week ended 7/2 past , supplies of gasoline fell 1.9 million barrels , while supplies of other products from crude oil fell 700,000 barrels . According to analysts , a constant gas supply , the supply of other products from crude oil ( including heating oil ) were down 2.5 million barrels .

Trading session , the price of gas delivered in March on the New York commodities rose 0.4 % to $ 2.76 per gallon , while heating oil futures fell over together nearly 2 cents , representing a decrease 0 , 5 % , to $ 3.01 per gallon . Same term gas prices closed below $ 4.82 per gallon , down slightly compared to the previous day .

Source : http://vneconomy.vn
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