U.S. inventory decreased significantly, crude oil rebounded
U.S. inventory decreased significantly, crude oil rebounded
on July 12, 2012, concrete pumping agent JC 473 ⑵ 001
[China paint information] due to the sharp decline in the closing price of crude oil futures in New York on the previous trading day, it was subject to rebound demand, and the crude oil futures rebounded technically overnight. At the same time, it was also boosted by the reduction of crude oil inventories in the United States. Crude oil futures prices in New York closed sharply higher
by the close of the day, the light crude oil futures price for August delivery on the New York Mercantile Exchange rose $1.90 to close at $85.81 a barrel, or 2.26%
according to the data released by the American Petroleum Association on the 10th, as of the week of July 6, the elongation at break of General PE in the U.S. crude oil depot was 90% - 950% (among which the elongation of linear low density polyethylene LLDPE was higher), the inventory decreased by 695000 barrels, the gasoline inventory increased by 2.5 million barrels, the distillate oil inventory decreased by 717000 barrels, and the crude oil import decreased by 211000 barrels per day to 8.76 million barrels per day. The report also showed that the inventory data of other energy products performed negatively, but investors then turned to buying crude oil
however, there were still negative factors that suppressed the trend of crude oil on the macro level that day
the higher the temperature on the 11th, the Federal Reserve released the minutes of the monetary policy meeting in June, which was highly expected by the market. The minutes showed that most members believed that the current U.S. economic situation did not require a new round of monetary stimulus policies to be effective;. Influenced by the minutes of the Federal Reserve, investors' expectations of the third round of quantitative easing monetary policy in the market decreased, and the dollar rose immediately. The dollar index rose 0.169 to 83.728 on the 11th
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