U.S. fuel demand fell, international oil prices plummeted
U.S. fuel demand fell, and international oil prices plummeted
April 9, 2008
[China paint information] international oil prices fell on Tuesday because the U.S. government predicted a decline in fuel demand this year. At the close of Tuesday, the May futures of light crude oil on the New York Mercantile Exchange was $108.50 a barrel, down $0.59 from the previous trading day M2 - the mass (kg) of the test piece (including fixtures and mounting screws). A reasonable and correct use of fixtures is conducive to the smooth introduction of relevant policies for the experiment; May Brent crude oil futures on the London Intercontinental Exchange were $106.34, down $0.80; Heating oil futures in New York rose 2.59 cents to 311.02 cents per gallon in May; Rbob gasoline futures in May were 275.04 cents per gallon, down 3.31 cents; April diesel futures on the London Intercontinental Exchange were US $999.00 per ton, down US $5.00 from the previous trading day
the U.S. Department of energy said on Tuesday that due to high oil prices and economic slowdown, U.S. gasoline demand will decline for the first time in 17 years this summer. According to the median forecast of 10 analysts surveyed by Bloomberg News Agency, U.S. crude oil inventories may continue to rise by 2.5 million barrels last week, the 12th rise in nearly 13 weeks, compared with 319.2 million barrels in the previous week. It belongs to open-loop control system
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