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International oil prices rebounded, New York oil futures closed up 1.14%

 Last Update: 2023-02-01
 Source: Internet
 Author: User

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U.
S.
inventory data reflected good crude oil demand and international oil prices rebounded
.

New York oil futures closed up 1.
14% at $73.
67, while Brent futures rose 1.
09% to close at $
78.
69.

In the United States, last week's oil inventory data showed that distillate inventories fell by 1.
4 million barrels, a sharper-than-expected
decline.

John Kilduff, partner at AgainCapital, said that the earlier storm caused the supply of crude oil to be blocked, and the latest inventory data reflected a return to normal supply, and crude oil demand was also good, which was positive for oil prices
.

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