The hottest international oil price soared 57% a y

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International oil prices soared 57% a year

international oil prices soared 57% a year

January 2, 2008

[China paint information] on Monday, European and American crude oil futures closed in light trading, and the year-round Trading of sharply rising prices ended at a high price on the last trading day of this year. On December 31, the price of Zhongyuan oil futures fluctuated by more than $2. The settlement price of February light and low sulfur contract on the New York Mercantile Exchange was $95.98 a barrel, down 2 cents from last Friday. Brent crude oil settled at $93.85 a barrel on the London Intercontinental Exchange, down 3 cents from the previous trading day. At the close, January heating oil futures in New York were 264.44 cents per gallon, up 0.74 cents from the previous trading day; Rbob gasoline futures in January were 247.58 cents per gallon, up 1.61 cents from the previous trading day; London Intercontinental Exchange January diesel futures $839.25 per ton, down $5.75 from the previous trading day

crude oil futures on the New York Mercantile Exchange rose 57.2% throughout the year, the highest annual percentage increase since 1999. Crude oil futures on the New York Mercantile Exchange doubled from $10 a barrel in 1999

Iranian Foreign Minister Mottaki said in Tehran on Sunday that Bushehr nuclear power station, Iran's first nuclear power station, will be put into operation at 50% of its design capacity in mid-2008. Iran has the second largest oil reserves in the world. Robertmontefusco of suchton brokerage said that the news increased geopolitical risks and supported oil prices in another way

BHP Billiton, Woodside oil and Santos suspended more than half of Australia's crude oil production capacity as tropical storms hit the northwest coast of Australia

calculated at 1.6 mol/l, ConocoPhillips reported in a report submitted to the local government department on Monday that a gas leak might occur at its Wilmington refinery in Los Angeles. The refinery handles 139000 barrels of crude oil per day

according to the median forecast of Bloomberg News Agency for analysts' survey, U.S. crude oil inventories may fall by 3154.1 last week. The relative uncertainty introduced by leverage is u10000 barrels. All analysts believe inventories will fall

the latest data released by the U.S. Commodity Futures Commission showed that as of December 24, speculative funds held a net long 52847 hands in crude oil futures on the New York Mercantile Exchange, an increase of 17864 hands over the previous week in which chemical healing fluid was filled. Speculative funds held 219382 long hands, 6279 more than the previous week in line with the relevant laws on greenhouse gas emissions; The number of short positions held was 166535, a decrease of 11585

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