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[oil market analysis] demand outlook improved crude oil rose sharply

[oil market analysis] demand outlook improved crude oil rose sharply

April 26, 2013

[China paint information] overnight, driven by the rise of bulk commodities and the improvement of demand outlook, the closing price of crude oil futures in New York rose sharply


as of the close of the day, the June main testing machine cylinder introductory crude oil contract on the New York Mercantile Exchange rose $2.21 on Thursday to close at 93. 5 per barrel By the end of the year, the main buildings of the three research institutes could be put into use for $64, an increase of 2.4%

driven by the positive financial reports of most enterprises, the three major stock indexes rose, and the oil price in the crude oil market rose sharply driven by the collective surge in the international commodity market

according to the data released by the office for national statistics, the economic growth rate in the first quarter was 0.3% better than the market expectation, which successfully avoided the third recession trend in five years widely worried by investors, and the demand outlook for energy products was improved, helping crude oil prices continue the sharp rise trend of the previous trading day

on the other hand, the weak exchange rate of the US dollar also supported the oil price, and the main crude oil contract successfully broke through the key position of US $93 per barrel in the floor trading

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