(NYMEX crude oil closed) crude oil prices closed higher on Tuesday due to better U.S. economic data
(NYMEX crude oil closed) crude oil prices closed higher on Tuesday due to better U.S. economic data
June 26, 2013
[China paint information] Abstract: crude oil prices continued to rise today due to the closure of the overnight Canadian oil pipeline leak. After the US durable goods order data in May, oil prices were again boosted and strengthened. Later, however, enbridge announced that some pipelines were also put back into use, and other pipelines would be repaired in the next few days. Oil prices fell slightly under pressure. In addition, API crude oil inventory data released later today showed that crude oil inventories in the United States decreased last week, which is expected to support the rise in oil prices in the next few days, and the crude oil market closed up on Tuesday. NYMEX crude oil futures rose $0.14, or 0.15%, to close at $95.32 per barrel
trend description on Tuesday (June 25):
due to the overnight Canadian oil pipeline leak, the crude oil price continued to rise yesterday. After the US durable goods order data in May, oil prices were again boosted and strengthened. Later, however, enbridge announced that some pipelines were also put back into use, and other pipelines would be repaired in the next few days. Oil prices fell slightly under pressure. In addition, API crude oil inventory data released later today showed that crude oil inventories in the United States decreased last week, which is expected to support the rise in oil prices in the next few days, and the crude oil market closed up on Tuesday
in the Asian session, crude oil prices stuck to the overnight increase and stabilized around $94.85. In the European session, crude oil prices began to rise violently, hitting a intraday high of $86.17 per barrel, and then fell slightly. During the New York session, the crude oil price fluctuated narrowly between $95.20 and $95.40 after a slight recovery
nymex crude oil futures peaked at $96.17 per barrel and fell as low as $94.59 per barrel, up $0.14 to close at $95.32 per barrel, up 0.15%
1. Data released by the US Department of Commerce (DOC) on Tuesday showed that the monthly growth rate of durable goods orders in the US in May was the same as that in April, better than expected. The monthly rate of durable goods orders in the United States increased by 3.6% in May, with an expected increase of 3.0%; The monthly rate in April was revised to increase by 3.6%, and the initial value was an increase of 3.2%
2. According to the data released by the U.S. Department of Commerce on Tuesday, the annual sales of new homes (single family homes) in the United States in May was 476000, higher than the expected 462000, with an annualized monthly rate of 2.1% and a previous value increase of 2.3%
3. Goldman Sachs said on Tuesday that global crude oil demand rose in the second half of 2013 as the global economy continued to recover
4. Data released by the American Petroleum Institute (API) on Tuesday showed that crude oil inventories in the United States decreased by 28000 barrels in the week of June 21
5. Enbridge repaired the leaking oil pipeline in the South on Tuesday and said it would restart the remaining pipelines in the next few days
Tony Nunan, an analyst at Mitsubishi Corp, said: "People hope for the sustained recovery of the U.S. economy, but the situation in China is even worse. At the same time, in the United States, although the economy is indeed recovering, the oil demand has not returned, so the fundamentals of the market are still fragile. I think $100/barrel is the support of Brent crude oil. Because the oil price is largely attributed to the depression of China's current macroeconomic situation."
price futures gro strives to survive the critical period of whether there is a curvilinear coordinate driven development in the innovation inspection. Up senior market analyst Phil Flynn said, "the order data of durable goods is better than expected, which gives some support to the oil price in terms of demand. However, it is expected that the oil pipeline forced to close in Canada will be repaired, which may put pressure on the crude oil price."
Goldman Sachs commodity analyst in New York said, "global crude oil demand is continuing to rise, and we expect this to be good for oil prices in the second half of 2013."
focus on Wednesday
revised value of the total number of construction permits in the United States in May
GfK consumer confidence index in Germany in July
final GDP value of France in the first quarter
US MBA 30-year fixed mortgage rate last week
final value of core personal consumption expenditure price index in the first quarter of the United States
final value of real GDP in the first quarter of the United States
member of the Executive Committee of the European Central Bank in Paris Asmussen, Noah and merch will speak at the conference held by the International Finance Association
kosherakota, chairman of the Minneapolis Federal Reserve in Seoul, US, will deliver a speech on "appropriate monetary policy"
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