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April 2 international crude oil price Review

April 2 international crude oil price Review

April 2, 2007

Iran's seizure of British naval personnel has entered the eighth day, and the market is still worried about how to control the Persian testing machine? Gulf oil transportation safety. However, at the expiration of the refined oil futures on the New York Mercantile Exchange and the end of the third quarter, some speculative funds took profits and cleared long positions. For the first time in nine trading days, the US benchmark crude oil futures closed lower under the influence of the fall in gasoline futures, but it is still close to the highest point in six months, and the forward premium is still strong. In Europe, the strike of French port workers led to the reduction of refinery production, and London Brent crude oil futures continued to rise, breaking through $59 per barrel in May. At the close of Friday, the advantages of recycled plastic granulator also made it possible to continue its development. When West Texas light oil futures in May on the New York Mercantile Exchange was $65.87 a barrel, down $0.16 from the previous trading day, with a trading range of 65 $78; London Intercontinental Exchange Brent crude oil futures in May was $68.10, up $0.22 from the previous trading day, with a trading range of 67 14 dollars

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