According to the latest futures price of crude oil on September 10th, the crude oil futures price on the New York Mercantile Exchange for October came to US$69.72/barrel, increased by US$1.58/barrel in a day; the crude oil price in the Brent Crude even touched US$73/barrel intraday.

The main factor to stimulate the crude oil price was the hurricane disaster, which influenced the output of crude oil in the US and Mexico, with approximately 1.4 million barrels/day scale, and still not resume yet.

Moreover, the phone call between Bidden and President Xi also showed positive to the crude oil price, some of the market participants believed it would warm the trade volume between China and the US, further create more demand for crude oil.