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International Oil Prices Rose On The 21st, New York Market Closed At $65.17 A Barrel

- Mar 22, 2018 -

US crude oil inventories fell. On the 21st, international oil prices rose.

The crude oil data released by the U.S. Energy Information Administration on the 21st showed that the nation’s commercial crude oil inventories unexpectedly decreased by 2.6 million barrels to 428.3 million barrels last week, and the market is expected to increase its data by 2.5 million barrels.

The U.S. Energy Information Administration’s data also showed that last week US gasoline inventories fell by 1.7 million barrels and distillate stocks dropped by 2 million barrels.

As of the close of the trading day, the May light crude oil futures on the New York Mercantile Exchange rose 1.63 dollars to close at 65.17 US dollars a barrel, or 2.57%. London Brent crude oil futures for May delivery rose 2.03 US dollars to settle at 69.47 US dollars a barrel, or 3.01%.