国际英语新闻:Oil continues falling down on supply rise
NEW YORK, Jan. 21 (Xinhua) -- Crude oil price Friday continued falling down on unexpected rise of U.S. crude inventories reported in the previous session.
The crude oil price plunged 2 dollars on Thursday as the Energy Information Administration (EIA) reported U.S. crude stocks unexpectedly rose 2.62 million barrels in the week ended Jan. 14, compared with a drop of 2.2 million barrels a week earlier.
The plunge was also triggered by concerns about possible monetary tightening policy in China, which was expected to post negative effect on the oil demand.
On Friday, the dollar dropped against major currencies, which limited the drop of the new front-month contract.
Light, sweet crude for March delivery dropped 48 cents to 89.11 dollars a barrel on the New York Mercantile Exchange.
相关文章
- 欧美文化:Spanish government sacks spy chief after phone tapping scandal
- 欧美文化:UN chief condemns attacks on civilians by armed group in DRC
- 欧美文化:Moroccan, Egyptian FMs discuss prospects of bolstering cooperation
- 欧美文化:Macron visits Berlin on first foreign trip after re-election
- 欧美文化:Ukrainian president, Swedish PM discuss defense support for Ukraine over phone
- 欧美文化:Lebanon condemns deadly attack in Egypt's Sinai
- 欧美文化:Voting begins in Philippine elections
- 欧美文化:UK Conservatives suffer losses in local elections amid partygate scandal, inflation
- 欧美文化:At least 8 killed in Havana hotel explosion
- 欧美文化:Putin, Bennett discuss Ukraine over phone