Why don’t I fall anti-rising?

Why don’t I fall anti-rising?

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For a long time, no response, please refresh this page Xinhua News Agency New York November 23 (International Observation) United States United Multi-Country Release Crude Oil Reserve International Oil Pricers He does not fall anti-rising Xinhua News Agency reporter Liu Yannan US government announced that it will jointly Petroleum consumption releases crude oil reserves to cool down for oil prices, but international oil prices do not fall against the day.

  As at the same day, the New York Mercantile Exchange delivered a lightweight crude oil futures price in January 2022 rising dollars, closed on the dollar per barrel, a maximum of%.

The London Brent crude oil futures prices in January 2022 rose dollars, and they closed the dollars per barrel, the increase of%. Market people believe that the release of crude oil reserves will have a continuous impact on oil prices, and international oil prices have shown a significant decline in the previous trading day to reflect the market in advance, and the specific measures announced by the United States have not been as expected.

  Recently, US gasoline prices have risen to 7 years, and the voice of the release strategic oil reserve is constantly high.

The US Department of White announced that the US Department of Energy will release 50 million barrel of crude oil from the strategic oil reserves to mitigate the oil supply and demand in the economy from the new crown epidemic without matching problems and reduces oil prices.

  The US Department of Energy said that these 50 million barrels will begin to put the market in late December this year, of which 18 million barrels have been approved by Congress will be sold directly, and the other 32 million barrels belong to short-term exchange. After the oil price is stable, it is about 2022. By 2024, it returned to the strategic oil reserve. Herryma Crooft, the Global Commodity Strategy, Canadian Royal Bank Capital Market, is expected that in view of India that has announced that the plan to release 5 million barrels of crude oil reserves, the release of Japan, South Korea, the United Kingdom, etc. The scale of crude oil reserves released in many countries is expected to be 65 million barrels to 70 million barrels. The data shows that the current strategic crude oil reserve is slightly higher than 600 million barrels, while the world’s petroleum demand is approximately 100 million barrels. Robert Hoxie, USA, Bank of China, said that the total scale of the US release crude oil reserves is higher than the previous market, but a large part is a short-term exchange, which needs to be returned, which makes this to a certain extent The impact of the policy has placed discounts. CIBC Private Wealth Management Company Senior Energy Trader Ruibeika Bin said that the release of crude oil reserves has been widely known as the market, so it has been reflected in market prices. And because the trader locked the profit before the end of the year, the position of the crude oil futures variety was greatly reduced in the past few weeks, which also reduced the market’s response to this news.

  Phil Fulin, a senior market analyst at the US Price Futures Group, believes that releasing crude oil reserves will only bring short-term impact on oil prices. Analysts believe that the subsequent trend and oil production countries will determine the next step towards the oil prices for the release of crude oil reserves. Hawworth said that the impact of release strategic crude oil reserves will be gentle, and the market will remain in demand, and the US Department of Transportation shows that US air passenger data is still strong.

He believes that the rebound of new crown virus infection and European re-implementing epidemic banned measures may significantly affect market demand, and the increase in new crown infections has not had a continuous impact on oil demand.

  Hoxus said that if the combined release crude oil reserves make oil prices below the last week lower, OPEC and non-Ou Parke’s oil-producing countries are likely to consider taking action, but based on the current market performance, OPEC and non-Ou Pench Take a wait-and-see attitude. Crooft said, although OPEC will still maintain the existing production policy at the routine month meeting in next week, it is not possible to completely rule out that the Saudi will drive reduced existing production monthly growth to deal with Consumer countries jointly release crude oil reserves. However, due to worrying about the US political pressure, multiple bay countries that are closely related to the United States are likely to oppose this action.

  The Austrian JBC Energy Consulting Company said that OPEC retains an option to increase the supply of supply in the initial production agreement.

In the case of concern where oil demand is low, the main oil producing countries may postpone the improvement of crude oil supply.

Unless OPEC and non-Euberty producer have completely canceled the plan to gradually increase the supply of supply, oil prices will gradually fall next year.