CommoPlast

Crude oil price climbed on Wednesday

Crude oil price climbed on Wednesday



Crude oil price ended Wednesday (27 Jan) trade at higher level on DoE report of lower crude oil production rate in the US and a drop in distillate fuel inventory. However, the positive market is still under pressure as crude inventory in the US has reached a record high level despite lower production rate. 

WTI closed at   $32.30/b (+$0.85/b)
Brent closed at $33.1/b (+$1.30/b)

 

 

Kindly visit www.commoplast.com for detailed daily prices in China and Southeast Asia market, or contact us at commoplastinfo@gmail.com for assistance.