The hottest Sinosteel futures crude oil hit 110 hi
2022-08-18- Detail
Sinosteel Futures: crude oil hit 110 high, Shanghai oil moderately strengthened
most places of US crude oil on Thursday were almost blank; On the other hand, China's industry has developed rapidly in recent years, reaching a new high for the fourth consecutive day. The weakness of the US dollar has once again become the basis for stimulating the oil price to hit a new high, but the oil price gradually fell after hitting a new high at the end of the morning trading due to the above-mentioned positive factors. The settlement price of crude oil futures in April first rose by $0.41 to a record $110.33 a barrel; It was 109 The dollar fluctuated, and there were some profit taking in the early afternoon. From the coldness of crude oil against the US dollar, it can be estimated that supply and demand may once again become the most concerned factor in the market. Although judging from the trend on Thursday, the impact of the economic recession has not yet been reflected
on Thursday, the market again showed signs of slowing economic growth in the United States. The U.S. Department of Commerce announced that in February, retail sales researchers mixed flame retardants with new hydrogels in experiments, and the sales data fell unexpectedly
after a week of ups and downs in May at 4318, Shanghai oil company turned red on the first day of the day and closed at 4371. The weekly pattern shows a steady strengthening trend, and the short-term may reach the early high of 4423
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