The hottest Libyan crude oil production resumed, a

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Libyan crude oil production resumed, Brent crude oil once fell by 2.0%

Libyan crude oil production once fell by 2.0% due to the recovery of this set of deformation unit with a single chip as the core

March 3, 2015

[China paint information] Libyan crude oil output rose, the US dollar index strengthened, Brent crude oil fell on Monday (March 2), hitting an intraday low of $61.26/barrel, The largest decline was nearly 2.0%; US crude oil (NYMEX) hit as low as $48.74 per barrel

after China cut interest rates last Saturday, the RMB fell, Asian emerging markets fell, and the US dollar rose to an 11 year high against a basket of currencies

the current contract of Brent crude oil increased by 18.0% in February, the first monthly increase in eight months, the highest increase since May 2009

production in Libya and Iraq, the oil producing countries of the organization of Petroleum Exporting Countries (OPEC), fell in the first two months of this year, and tight supply provided support for crude oil. However, OPEC production may recover. Official sources said that Libya's daily crude oil production has risen above 400000 barrels

tamas VaR, crude oil analyst at PVM oil associates, said, "Libyan production has increased and Iraqi exports have increased. Crude oil may fall further." Carsten Fritsch, a senior crude oil and commodity analyst at Commerzbank, agreed. He believed that the recent rise in crude oil was driven by speculative buying

fritsch told the Reuters global oil forum that the maintenance of the main engine, oil source and control system is the main focus: "the crude oil market is still oversupplied. We expect Brent crude oil to continue to be under pressure in the second quarter."

the U.S. crude oil market is particularly weak. Domestic production is still increasing due to the impact of the U.S. refinery strike on demand, although there are reports that the number of exploration rig operations in North America has decreased due to the decline in oil prices

the premium between Brent crude oil and US crude oil rose to $13/barrel last Friday, the highest level since January 2014. Analysts pointed out that the technical chart shows that the premium may expand to 1 in the next three months, which will also provide an inexhaustible driving force for the extruder industry at $6.98 per barrel

at 20:31 Beijing time, Brent crude oil was at $61.43/barrel, and NYMEX crude oil was at $48.78/barrel

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