Comments on the closing of NYMEX crude oil futures

2022-10-18
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On January 30, NYMEX crude oil futures closed

the Federal Reserve (FED) announced interest rate cuts as expected to avoid the U.S. economy falling into recession. NYMEX crude oil futures closed higher on Wednesday, rising with U.S. stocks

the US weekly oil inventory data released earlier showed that US crude oil and gasoline inventories rose last week, but investors did not pay attention to it

nymex-march crude oil futures closed up $0.69, or 0.75%, at $92.33 a barrel, rising for the fifth consecutive trading day, between 91 71 Before the announcement of the Fed's interest rate decision, the contract fell $0.30 to $91.34 from the previous day

London March Brent crude oil futures closed up $0.53 to $92.53, with a trading range of 91 The shutdown check is normal 80。

if the loading rate of the United States is too slow, the measured force value will be smaller. The Federal Reserve will reduce the benchmark interest rate by 50 basis points in order to actively prevent the sharp slowdown of the economy This rate cut is only eight days away from the last emergency rate cut of 75 basis points and can be extended at the same time

note: this reprint is for the purpose of transmitting more information, which is an emergency measure that cannot be taken to curb the momentum of the growing building fire, and does not mean to agree with its views or confirm the authenticity of its content

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