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November 3 in international oil prices continue to rise
Time:2010-11-04   Read:1235second  

By the falling dollar and other factors, international oil prices continue to rise 3.
Day, the Fed announced a new round of quantitative easing policy, plans to buy more than 600 billion U.S. dollars of government bonds to stimulate the U.S. economic recovery. Affected by this, the dollar fell against other currencies, and dollar-denominated commodity prices continue to rise.
In addition, the U.S. Department of Energy inventory report last week released the same day, as of last week U.S. commercial crude oil inventories increased by 200 million barrels to 368.2 million barrels. Gasoline inventories fell 270 million barrels to 2.123 million barrels. Gasoline consumption of 900 million barrels a day, and year-ago quarter. Including heating oil, refined oil inventories fell by 360 million barrels to 164.9 million barrels.
To the closing, the New York Mercantile Exchange, light sweet crude for December delivery futures rose 79 cents to close at $ 84.62 a barrel. London Brent crude rose 97 cents to close at $ 86.38 a barrel. (Chen Gang)

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