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SunSirs: International Crude Oil Futures Rose 3% on December 14

December 15 2023 09:58:05     SunSirs (Selena)

On December 14th, international crude oil futures continued to rise, with a significant increase. The settlement price of the main WTI crude oil futures contract in the United States was $71.58 per barrel, with an increase of $2.11 or 3.0%. The settlement price of Brent crude oil futures main contract was $76.61 per barrel, an increase of 2.35 US dollars or 3.2%. Previously, there was a oversold in the market, with the weakening of the US dollar driving up oil price valuations. Coupled with the International Energy Agency (IEA) raising its forecast for next year's oil demand, the oil market was boosted.

 

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