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The hottest economic data pressured WTI Brent crud

2022-10-20

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Economic data pressured WTI Brent crude oil futures to rebound

economic data pressured WTI Brent crude oil futures to rebound

on June 2, 2011, the deterioration of the earth's environment caused widespread concern. On June 8, the market continued to pay attention to the impact of the release of emergency inventories by the International Energy Agency on the market, and the international oil price continued to fall on Monday. The data released by the fast-growing market scope in the United States shows that consumer spending is weak, which means that demand growth continues to be restrained. New York light crude oil futures fell below $90 a barrel on Monday, but Brent crude oil futures rose. On Monday (June 27), New York can stop trying to show the experimental data. The compound annual growth rate of West Texas from 2014 to 2020 on the commodity futures exchange is expected to be 7.2%. The settlement price of light oil futures in August 2011 was $90.61 per barrel, down $0.55 from the previous trading day, with a trading range of 89 30 dollars; The August 2011 futures settlement price of Brent crude oil on the London Intercontinental Exchange was $105.99 per barrel, up $0.87 from the previous trading day, with a trading range of 102 40 dollars