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Steel News

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Home Steel News Brent Crude’s crude oil price hits over $40/barrel
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Brent Crude’s crude oil price hits over $40/barrel

9 Nov 2020 11:44 reported by Jordan Huang

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According to the market of crude oil in the world, the crude oil price showed over a 2% increment on November 9th, mainly benefited by the result of the US presidential election.

Among them, the crude oil price in the Brent crude broke to US$40/barrel, increased by over 2% from the previous trading day, and the crude oil future price for December in the New York Mercantile Exchange came to US$37.98/barrel, also increased more than 2% from last Friday.

The market expected the crude oil demand showed optimism in the future as Biden's trading policy was more open than Trump.

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Metal Price Index

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  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug800085009000950010,00010,500
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