 Home > Chemicals Industry > Petrochemical News > "Price limit order" leads to increased uncertainty in the energy market International oil prices rose slightly

"Price limit order" leads to increased uncertainty in the energy market International oil prices rose slightly

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

Tags

crude oil composition

palm oil price

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

With the entry into force of the EU, G7 and Australia's decision to limit the export price of Russian seaborne oil, international oil prices rebounded slightly on the 5th local time, and the main contract prices of North Sea Brent crude oil and West Texas Intermediate crude oil both rose by more than 2%.

North Sea Brent crude rose 2.
6 percent to $87.
81 a barrel, while West Texas Intermediate rose 2.
8 percent to $82.
25 a barrel
.

Some insiders said that affected by the "price limit order", the uncertainty of the international energy market is emerging, and the possibility of soaring international oil prices has also greatly increased
.
Some market analysts pointed out that the EU's "price limit order" is putting its own energy security at risk
.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

Dideu Supply High Quality Pure Di-tert-butyl polysulfide

CAS No.: 68937-96-2

Industrial Grade

$3.9/KG FOB

biodiesel UCOME from UCO bio fuel oil

CAS No.: 627-91-8

Industrial Grade

$1050-1100/MT FOB

energy bio fuel oil EN14214 biodiesel

CAS No.: 627-91-8

Industrial Grade

$1050-1080/MT EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

announcements today(81)

80 20 company(94)

united states logo(227)

single use technology(195)

healthy food name(42)

ups united states(221)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.