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With automatic hydraulic lifting system, no noise, no pollution, high efficiency, low energy consumption, strong applicability; the use of special batteries, reliable motor performance, safe and durable, with brake power off function
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On the New York Mercantile Exchange, light sweet crude oil rose 1.89 dollars per barrel in July, closing at 58.47 dollars, and once reached 58.60 dollars in the transaction. The New York market crude oil futures closing price was last recorded on April 1st at 57.27 US dollars; the intraday price was last recorded on April 4th at 58.28 US dollars. The London International Petroleum Exchange's July Brent crude oil price in the North Sea also went up on the 17th, closing at $57.87, up $1.75 from the previous trading day.
The latest data released by the U.S. Department of Energy shows that the current demand for gasoline in the United States is 3% higher than the same period last year. This has led to a rise in the price of gasoline and the market has questioned the global refining capacity. Although the Organization of the Petroleum Exporting Countries (OPEC) decided to raise crude oil production quotas on the 15th, and said that if oil prices continue to rise, it will again increase production, but because the market sees low OPEC's remaining production capacity, its commitment is insufficient to support market confidence and increase oil production. Quota decisions are also almost completely ignored by the market.
Crude oil prices set a new record at $58.47 a barrel
Due to the strong demand for gasoline, analysts worried that the global refining capacity could not meet the demand. On the 17th, the New York crude oil futures price rose sharply and set a new record.