New York oil prices rose on the 30th, while New York light crude oil futures for March delivery rose $0.92 to close at $54.23 a barrel. What happened to the 30 th rise in oil prices in New York? What is the impact of the rise in oil prices in New York?
It is reported that there are four important crude oil futures contracts in the world, one of which is the New York Mercantile Exchange's (NYMEX) light and low sulfur crude oil, namely the 'West Texas Intermediate oil' futures contract. Generally speaking, the crude oil futures contract has good liquidity and high price transparency, which is one of the three benchmark prices in the world crude oil market. When the public and media talk about how much the oil price breaks through, they mainly refer to this price.
The rise of oil price in New York will have a certain impact on the trend of international oil price. At the same time, it is also related to whether China's next round of oil price adjustment is up, down or stranded.