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International oil prices began to rise again
Source:China Fertilizer Net   Author:Chen Gang   Time:2010-07-08   Read:1265second  

        U.S. crude oil inventories are likely to decline in market expectations and other factors, higher oil prices on the 7th round.
        National Day of the reason the United States, scheduled for release on the 7th U.S. inventory report was delayed until the 8th, market analysts expect U.S. commercial crude oil inventories may have fallen sharply, the number of days for the continuous decline in oil prices found the opportunity to rebound.
        In addition, because the U.S. stock market sharply higher, the dollar-euro exchange rate continues lower, also contributed to oil prices rebounded. 
        To the closing, the New York Mercantile Exchange, light crude oil for delivery in August futures rose 2.09 U.S. dollars to close at 74.07 U.S. dollars a barrel. London Brent crude oil futures rose 2.06 U.S. dollars to close at 73.51 U.S. dollars a barrel. (Chen Gang)

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