On January 23rd, international crude oil futures rose. The settlement price of the March WTI crude oil futures contract in the United States was $61.07 per barrel, an increase of $1.82 or 2.8%. The settlement price of Brent crude oil futures in April was $65.07 per barrel, an increase of $1.73 or 2.6%.
The article shows that the settlement price of WTI crude oil futures in March rose by 2.8%, and Brent crude oil futures in April rose by 2.6%, with significant increases exceeding 2%, indicating that the market has strong demand for crude oil or intensified supply concerns. This directly benefits the spot price of crude oil, and it is expected that the spot market will follow the upward trend in the short term, as the rise in futures prices often transmits to the spot market, boosting trade and investment confidence. At the same time, the significant rebound in the futures market has strengthened bullish sentiment, which may attract more capital inflows and support sustained price increases.
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