HoonSmart.com >> West Texas crude oil prices rise From the US stock fell Contrary to analysts, the increase. Fed keeps interest low near 0% awaiting economic recovery, COVID-19 continues to pressure oil demand.
Thai Oil Company West Texas crude price was increased by US $ 0.24 / barrel to US $ 52.85 after the US Energy Information Administration (EIA) reported US crude oil inventory. For the week ended Jan. 22, 64 fell 9.9 million barrels to 476.7 million barrels, an 11-month low, in line with analysts’ estimate of 0.43 million barrels.
Meanwhile, the Federal Reserve (Fed) keeps interest rates low near 0% until the economy has stabilized from the recession in the US. And the situation of the epidemic of the Quid-19 virus There was more clarity and clarity.
The situation of the spread of the COVID-19 virus. Continues to pressure global oil demand Most recently, more than 100 million people have been infected in Europe and America. While China has fallen to 75 people per day, the lowest number since Jan. 11.
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