The hottest worry is tropical storm, and crude oil

Worry about tropical storm New York crude oil futures rising to a seven week high

worry about tropical storm New York crude oil futures rising to a seven week high

June 28, 2010

[China paint information] the low pressure in the Caribbean may form an Atlantic storm and move to the Gulf of Mexico, threatening oil and gas production in the region. The international oil price rebounded strongly after falling on Friday. The light crude oil in New York topped $79, and the settlement price rose 3.1%, It was the highest increase in two weeks. At the close of trading on Friday, the settlement price of light crude oil in August on the New York Mercantile Exchange was $78.86 a barrel, the highest since May 5, up $2.35 from the previous trading day; The August futures settlement price of Brent crude oil on the London Intercontinental Exchange was $78.12 a barrel, up $1.65; July heating oil futures in New York rose 14.08 cents to 211.22 cents per gallon; Rbob gasoline futures in July were 216.78 cents per gallon, up 7.43 cents; July diesel futures on the London Intercontinental Exchange were $665.25 per ton, up $8.75

European and American crude oil futures rose for the second day in a row, and rose for three consecutive weeks. This week, New York light crude oil futures rose $1.68, or 2.2%, and the cumulative net increase for three weeks was $7.35, or 10.3%

after the first point of the test, the strengthening of consumer confidence boosted the atmosphere of the oil futures market. In June, U.S. consumer confidence rose to the highest level since January 2008. Reuters/University of Michigan consumer confidence index rose to 76.0 in June, with preliminary data of 75.5. The final value in May was 73.6, and the previous expectation was 75.5

worried about tropical storms damaging oil and gas production in the Gulf of Mexico, international oil prices rebounded strongly after falling on Friday morning. According to the latest forecast of the National Hurricane Center, a tropical pressure from the western Caribbean continues to increase, with an 80% probability of developing into a tropical depression later on Friday and Saturday. The U.S. Oceanic and atmospheric administration predicts that there may be a named storm in the hurricane season this year, in which field may develop into a hurricane, and field may become a strong hurricane with a wind speed of 178 kilometers per hour. More information: Shandong Sida high tech mechanical equipment Co., Ltd. main products: friction and wear testing machine, electronic/hydraulic universal testing machine, tensile testing machine, fatigue testing machine, changing the wind of testing machine. According to the estimate of the US energy information administration, tropical storms may reduce the production of 26million barrels of crude oil in the Gulf of Mexico this year

the US Coast Guard said on Friday that it is expected that the tropical storm will reach the waters near the Macondo oil well in the Gulf of Mexico in about five days. The leakage stoppage site staff planned to evacuate BP's oil gathering equipment, and the oil collection work was interrupted for at least 14 days. As the tropical storm approaches, the drilling ship will evacuate and about 1800 staff will be evacuated

the slowdown of U.S. economic growth may inhibit the further rise of oil EV, which is not only an emerging trend. The final value of the first quarter gross domestic product released by the U.S. Department of Commerce for the third time on Friday showed that the monthly GDP of this year increased at an annualized rate of 2.7%. The initial value of GDP in the first quarter released in April was an increase of 3.2%. This means that the GDP growth rate in the first quarter of 2010 is less than half of the 5.6% growth rate in the fourth quarter of 2009