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Friday, May 15, 2020 08:57 AM (GMT + 7)
Information on the United States crude oil reserves has supported oil prices to have a good session.
In the early morning hours of May 15, according to Vietnam time, at New York Mercantile Exchanghe, the price of WTI sweet light crude delivered in July 2020 was $ 28.12 / barrel, increasing by $ 0.24 / barrel during the session. Compared to the start of the morning, the price of WTI oil delivered in July increased by $ 2.2 / barrel.
Meanwhile, the price of Brent oil delivered in July 2020 stood at $ 31.57 / barrel, an increase of $ 0.44 / barrel and increased to $ 2.17 / barrel compared to the same time on 14 December. may.
The increase in oil prices is attributed to the support of information on United States crude oil. According to the US Energy Information Administration. In the United States, the country’s crude oil inventories fell 745,000 barrels to 531.5 million barrels in the week ending May 8. This is the first decrease since January 1, 2020.
However, analysts say reducing the United States’ crude oil reserves is not enough to raise oil prices sustainably.
The Commodity Futures Trading Commission warned that when the WTI contract expires, the price is likely to drop sharply, even to a negative price once again.
Oil prices continue to rise sharply
In the domestic market, on 5/15, the prices of popular oil consumer products on the market are as follows:
E5RON92 gasoline: not more than 11,520 VND / liter;
RON95-III gasoline: not higher than VND 12,235 / liter;
Diesel 0.05S: not higher than VND 9,857 / liter;
Kerosene: not more than 7,882 VND / liter;
Mazut 180CST 3.5S Oil: Not higher than VND 8,545 / kg.
Source: http: //danviet.vn/gia-dau-ngay-15-5-tang-nhu-vu-bao-khi-kho-chua-dau-tai-my-rong-dan-50202015585 …
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