According to the market in the New York Mercantile Exchange on May 3rd, the crude oil closing price came to US$64.49/barrel, which increased by 1.4% from the previous trading day.

Among them, the main reason for the increase was benefited by the huge expected demand in summer, which eased the market worry of the epidemic situation in India.

In addition, the crude oil price in Brent Crude also increased 0.5% on the same day, came to US$67.56/barrel.