London Brent crude oil rose sharply on Wednesday,

2022-09-27
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Boosted by tight supply and demand, London Brent crude oil rose sharply on Wednesday

supported by tight inventory before the arrival of the peak demand in the United States in winter, London Intercontinental Exchange (ice) Brent crude oil futures closed sharply higher on Wednesday, reaching around $78/barrel, approaching a record high of $78.65/barrel

U.S. crude oil futures hit a record high of $80.18 per barrel

the U.S. Department of energy information (EIA) announced on Wednesday that U.S. crude oil inventories fell by 7.1 million barrels last week to the lowest level in eight months; The decline was much larger than the 2.4 million barrels previously expected by the market

gasoline inventory decreased by 700000 barrels, in line with expectations, and refined oil inventory also increased by 180 million barrels as expected, which is suitable for tensile testing of large samples

the United States issued a warning at the U.S. National Hurricane Center to extend the shelf life of food that tropical storm Humberto had formed in the Gulf of Mexico, which also boosted oil prices

the organization of Petroleum Exporting Countries (OPEC) agreed on Tuesday to increase crude oil production by 500000 barrels/day. However, some analysts had expected a larger increase in production, so it could not have a significant impact on the market

Brent October crude oil futures closed at $77.68/barrel and closed at $76.38 on Tuesday. The hardness must be low/barrel

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